Oil prices and the Persian Gulf situation are not going away quietly. Dr. Mark Thornton of the Mises Institute explains why oil supply disruptions take far longer to reverse than most people realize, you can't turn a well on and off like a faucet, and production rarely returns to prior levels without full reworks. The deeper point is about speculators. Socialists and Keynesians blame them for every price problem. Ludwig von Mises saw them as the cutting edge of the free market the signal that tells us where the economy needs to adjust. Short, direct, and more relevant than ever with oil sitting where it is. #cherrybomb #oilprices #austrianeconomics #investing #economy #straithormuz #inflation #oilmarket #markthornton #tastylive tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities...