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I think given the speed of information today people have too high exceptions just how fast something like sanctions would take to work. it is not a "One Click,
by syshum 5y ago
I think given the speed of information today people have too high exceptions just how fast something like sanctions would take to work.
it is not a "One Click, Buy now, next day delivery" Amazon Prime type of thing, we have come to expect INSTANT RESULTS, that is just not how Geo Politics works
I also find it amusing when people say Gas price increases are due to Russia... Those are comming for sure, but no there has not been enough time for Russia's action to impact gas prices.. not yet.... But brace for it...
Politicians love to Cease on current events to explain economic results that are actually months or years in the making
- mannerheim 5y agoPrices change in anticipation of changes to supply and demand, even if those changes have not occurred yet. The stock market will swing down on the announcement of an interest rate hike, even if such a hike hasn't taken place yet. So it's entirely reasonable to attribute price increases to current events (although it is still worth pointing out that it's only a contributing factor, since inflation has been quite high for months).
- syshum 5y agoYou forget one critical thing, there is vast difference between stock and Commodity trading which is 100% speculation based vs Physical goods pricing which is not. The idea that business are adjusting their physical goods sold pricing based on news events is laughable, I know of ZERO businesses that do that.
- mannerheim 5y agoThe price of gasoline seems to follow extremely tightly with the price of crude oil. https://www.macrotrends.net/2501/crude-oil-vs-gasoline-prices-chart https://www.macrotrends.net/2501/crude-oil-vs-gasoline-price...