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> The Nixon shock did not have an effect on real oil prices for OPEC members. That's simply factually incorrect and I'm done arguing over a simple fact. And no
by taylodl 2y ago
> The Nixon shock did not have an effect on real oil prices for OPEC members.
That's simply factually incorrect and I'm done arguing over a simple fact. And no, I don't agree to disagree.
> It’s comforting to think complex events like the Oil Embargo have singular causes.
You are the one who's been arguing the Oil Embargo has a simple cause, namely the Yom Kippur War. I'm the one who's been arguing there were multiple causes, and the Yom Kippur War was simply the straw that broke the camel's back.