vegeta@lemmy.world to politics @lemmy.world · 1 day agoTrump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.arstechnica.comexternal-linkmessage-square36linkfedilinkarrow-up1122arrow-down14
arrow-up1118arrow-down1external-linkTrump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.arstechnica.comvegeta@lemmy.world to politics @lemmy.world · 1 day agomessage-square36linkfedilink
minus-squarebrucethemoose@lemmy.worldlinkfedilinkarrow-up1·edit-210 hours agoThat last part isn’t unprecedented. The US’s Strategic Petroleum Reserve (for instance) made a lot of money buying low and selling high, which is just a happy coincidence of trying to stabilize the supply/prices.
minus-squareHubertManne@piefed.sociallinkfedilinkEnglisharrow-up2·10 hours agoyeah that is what I was getting at because the thing I read mentioned not doing anything like it since world war 2 and seems like we have.
minus-squarebrucethemoose@lemmy.worldlinkfedilinkarrow-up1·10 hours agoAh right. Taking direct equity hasn’t been orthodoxy for sure, but like you said, that part is likely technically wrong.
That last part isn’t unprecedented. The US’s Strategic Petroleum Reserve (for instance) made a lot of money buying low and selling high, which is just a happy coincidence of trying to stabilize the supply/prices.
yeah that is what I was getting at because the thing I read mentioned not doing anything like it since world war 2 and seems like we have.
Ah right.
Taking direct equity hasn’t been orthodoxy for sure, but like you said, that part is likely technically wrong.