Prepare for $5 Per Gallon Gas

$5.00

Nate Silver: “According to the AAA, average retail gas prices in the U.S. are now $3.45 per gallon, up about 50 cents from a week ago. However, the problems are likely to worsen significantly as supply chains are disrupted. Traders at Polymarket anticipate that the most likely range for gas prices to land by the end of March is between $4.50 and $5.00. And although there’s a wide range of uncertainty, there’s a 41 percent chance they exceed $5.00 by the end of the month.”

Succumbing to the Law of Transitivity

“When I look at Donald Trump as a person, I see a failed real estate guy from Queens with a lot of natural showman talent, whose obviously poor physical condition is covered by terrible, ill-fitting suits and a lot of makeup. When I listen to him I hear incoherent bluster and self-absorbed whining. None of this makes me experience him as strong. … The strongman is strong because of the law of transitivity. If you accept at a certain point that he is stronger than you, then you are accepting that you are weaker than him. You are joining in the collective creation of the strongman.“

Timothy Snyder