Sanctions on Russia
in War in Ukraine ·
quietviper0 said:Do me a favor and let the folks over at OPEC know that their entire existence is becoming obsolete...
They seem to be under the delusion that market prices are formed solely by the laws of supply and demand, and that they can just tinker with production levels once a month to control things...
But hey, if you go and explain to them that they could simply release 35% more product into the market and automatically earn 35% more money, they might actually reward you for saving them from all those tedious monthly meetings and recalculations...
Who knows, maybe you'd even snag a Nobel Prize in Economics for such a groundbreaking discovery...
Bravo, another absolute gymnast with logic.
We’re talking about one single company, based in one specific country, holding a monopoly over a specific region, producing goods for one sole customer with absolutely no physical way to ship those goods anywhere else because the infrastructure just doesn't exist. And yet, you're trying to compare that tiny scenario to the entire solar system or the scale of OPEC...
If you can't grasp a basic "for dummies" explanation or face the physical reality of the situation, I honestly don't know where you went wrong on your path toward understanding markets and Nobel prizes...
Let's try some simple logic...
If you don't deliver the gas, and you just burn it off as flare gas instead, you aren't collecting any Euros. If there's no collection, there's no profit. Is that complicated enough?
Only people living in a completely parallel reality think that you can just withhold a product and still somehow make money without anyone paying you.
Where does the cash come from?
You don't deliver the gas, you don't get the Euros, but you still turn a profit. It's pure magic... 🤦
Maybe we should just lift all sanctions then, since apparently, you make more money when you don't deliver anything and nobody pays you.
While the rest of us "fools" actually have to do work, deliver products, and collect payments just to stay afloat...
It seems we'd all be much richer if we just sat around doing nothing, delivering nothing, and receiving nothing.
Forget Nobel, you're looking at Darwin... 🤦