What is this bullshit?

[Anonymous No.52741348]

>buyer decides to put a price cap on a product
>HEH! TAKE THAT SUPPLIER
Last time I checked suppliers set prices not buyers. Clearly customers can't walk into a store and set prices at whatever they want. Customers don't tell gas stations how much a gallon of gas costs either. Wtf is europe thinking here? Are european leaders literally financially retarded? Do they not understand how the business transactions work?

[Anonymous No.52741355]

>>52741348
forgot link
https://www.reuters.com/business/energy/g7-price-cap-russian-oil-kicks-russia-will-only-sell-market-price-2022-12-05/
https://archive ph/U7S69

[Anonymous No.52741363]

They are malevolent and intend on the destruction of Europe due to Loxism

[Anonymous No.52741366]

>>52741348
>Are european leaders literally financially retarded?
Yes

[Anonymous No.52741376]

>>52741348
>Last time I checked suppliers set prices not buyers.
You obviously checked it wrong, because the price is decided by the law of supply and demand. Russia is not the only supplier, and not even the largest one to dictate the price. They should be fucking grateful that oil is still in demand and they didn't face an embargo for violating multiple UN laws.

[Anonymous No.52741377]

>>>/pol/ nato clown

[Anonymous No.52741378]

>>52741348
When the G7 represent over 50% of the world economy they get to set the terms of trade.
If you don't like that, don't go illegally invading neighbouring countries.

[Anonymous No.52741400]

>>52741363
>had to look up loxism
>intradasting.jpg
Sounds about right. The entirety of the west seems bent on destruction. I guess that is what peak decadence can do.

[Anonymous No.52741429]

>>52741376
This isn't supply and demand. This is the customer going to gas station, pumping ten gallons of gas at $4 a gallon into their car, going inside to pay, tossing a $10 bill onto the counter and saying, "Tough luck pal, Gas is only $1 a gallon now because I said so."

[Anonymous No.52741460]

>>52741378
>customers set prices wherever they want
If this were true the latest and greatest iphone would cost $10. Clearly it doesn't.

[Anonymous No.52741485]

>>52741429
You forgot the part where this "customer" is riding an aircraft carrier and monitors the "gas station" with satellites and spies, while having the power to obliterate anyone who buys for more than this price.
Watch Russia sucking it up, they don't have any other choice.

[Anonymous No.52741492]

>>52741460
because you're joe schlomo but if you buy the majority of apple's products ever year, you have pricing power

[Anonymous No.52741500]

>>52741376
>Russia is not the only supplier, and not even the largest one to dictate the price.

good luck finding a replacement supplier.

[Anonymous No.52741517]

>>52741378
>When the G7 represent over 50% of the world economy they get to set the terms of trade.

well they get to not buy oil from Russia if you call that setting the terms of trade.

[Anonymous No.52741532]

>>52741485
>europe will bomb its own countries in an effort to set prices of russian gas
No they won't. Nor will any other fantasy europe has about this will occur. Here is what will actually happen: russia will turn the supply off, europe will freeze for a while, then capitulate to reality and pay russia whatever it demands. Simple as.

[Anonymous No.52741545]

>>52741500
>good luck finding a replacement supplier
The replacement plan was theoretically feasible, but involved too much politics and was doomed. The current "temporary" solution is that USA and China have a mutually beneficial agreement: the Russian oil comes to China at a low cost, but China does not support Russia in any way to compensate it. USA benefits because EU cannot compete against USA in high tech without cheap resources.

[Anonymous No.52741559]

>>52741348
>Are european leaders literally financially retarded?
guys, should we tell him?

[Anonymous No.52741563]

>>52741532
>Here is what will actually happen: russia will turn the supply off, europe will
buy from USA and other suppliers for much higher price. It already happens, no one freezes (only in vatnigger fantasies) but their business is fucked. All according to the plan.

[Anonymous No.52741579]

>>52741545
>USA benefits because EU cannot compete against USA in high tech without cheap resources.

the US wont have to worry about the EU because the EU is currently being destroyed. it will collapse before 2025 if energy supplies are not resumed.

[Anonymous No.52741600]

>>52741563
>buy from USA and other suppliers for much higher price.

except the USA cannot possibly supply enough. it is not possible to find enough replacement gas.

[Anonymous No.52741608]

>>52741378
t .

[Anonymous No.52741611]

>>52741532
>Here is what will actually happen: russia will turn the supply off,

the gas pipelines have been blown up. do you literally know nothing?

[Anonymous No.52741622]

>>52741348
The northern fields output can only be exported to Europe currently through pipelines, either Russia sell it at this price or has to stop the production of its Northern extraction fields.

[Anonymous No.52741630]

>>52741348
Haha fuck russia

[Anonymous No.52741634]

>>52741600
and that's why the prices will be higher

[Anonymous No.52741654]

>>52741608
Yes bombing niggers and sandniggers is based.

Bombing white European isn't.

[Anonymous No.52741666]

>>52741600
>it is not possible to find enough replacement gas
Coal, nuclear and LNG from Uncle Sam is good enough. But, of course, the Europeans will pay a lot more.
https://www.reuters.com/business/energy/germanys-efforts-tackle-energy-crisis-2022-08-19/

[Anonymous No.52741667]

>>52741363
SPBP

[Anonymous No.52741672]

>>52741634
>and that's why the prices will be higher

its not a case so much of higher prices as just not having gas to operate industries. europes industries and agriculture will collapse. people will die.

[Anonymous No.52741679]

>>52741666
>Coal, nuclear and LNG from Uncle Sam is good enough

no it isnt. not nearly enough. you're hopelessly ignorant of the topic i'm afraid.

[Anonymous No.52741710]

>>52741376

>and not even the largest one to dictate the price

[Anonymous No.52741736]

>>52741672
>europes industries and agriculture will collapse.
Great! The world will never forget the willing sacrifice of the Europeans to solve the overpopulation and overconsumption problem, which is the most important problem according to the world elites.
The reality, though, will be much simpler: they will buy crappy food somewhere else, and possibly also eat bugs.

[Anonymous No.52741756]

>>52741376
>UN laws
When the fuck did you begin to think that you were subservient to the UN? Was it around the time you owned nothing and became happy?

[Anonymous No.52741770]

>>52741736
>The reality, though, will be much simpler: they will buy crappy food somewhere else, and possibly also eat bugs.

we wont be able to. there wont be enough food available.

[Anonymous No.52741789]

>>52741756
The moment the country enters UN it accepts the UN rules. But Russia can leave anytime and lose their veto right. In fact, RF was never voted to be included there after the USSR collapse, so they can be unseated at any time if the other members get tired of their shit.

[Anonymous No.52741976]

>>52741363
I had to Google it and now I'm on a watchlist because of you, thanks a lot.

[Anonymous No.52742038]

>>52741348
Vatniks don't deserve better, so it's easy to see why this is a good thing.

[Anonymous No.52742151]

>>52741348
The use a roundabout, the law practically says that all trades througu or in europe on russian oil are only allowed to be under this price cap. So they actually dont tell russia to sell it for this pric, but forbid any european company or trader to trade it for more, if a european tanker wants to transport russian oil from russia to canada he is by law only allowed to if its under the price cap, imagine that literal communism

[Anonymous No.52742276]

>>52741348
>buyer decides to put a price cap on a product
Yes. We do this everytime in the marketplace
>Last time I checked suppliers set prices not buyers.
Last time I checked a good or commodity is worth whatever people are willing to pay for it
>Clearly customers can't walk into a store and set prices at whatever they want.
Customers can just walk into a store and not buy products with ridiculous prices so the seller has to adjust accordingly
>Customers don't tell gas stations how much a gallon of gas costs either.
Customers demand does, basic supply and demand

[Anonymous No.52742618]

>>52742276
In reality, India or some other shithole is going to buy Russian gaz, then they'll sell it back to Europe at a higher price, then everyone is happy because Europeans are eternal cucks.

[Anonymous No.52742638]

Westoids have become utterly delusional. They can't handle not being on top of the World.

[Anonymous No.52742646]

>>52741976

[Anonymous No.52742656]

>>52742618
>In reality, India or some other shithole is going to buy Russian gaz, then they'll sell it back to Europe at a higher price, then everyone is happy because Europeans are eternal cucks.

i keep saying to people this is not happening. the gas is not ending up in europe.

[Anonymous No.52742787]

>>52742656
So Europeans are even more cucked than I thought. Incredible.

[Anonymous No.52742806]

>>52741348
>Last time I checked suppliers set prices not buyers.

Commodity producers are price takers.

Econ 1 0 1 faggots

[Anonymous No.52742822]

>>52742806
Your Western University taught you that. How convenient, though not for you.

[Anonymous No.52742826]

>>52741611
Gas and crude are different things with different pipes. Druzhba pipe still works, for instance.

[Anonymous No.52743059]

>>52741376
>The price is set by supply and demand
>If we eliminate more supply the price will go down
What third world country are you posting these hot takes from?

[Anonymous No.52743072]

>>52742276
Your scenario isn't what is occurring here. What is attempting here is the customer going into a store, saying I am only paying this much for this product, placing the money at the cashier and attempting to walk out with the product. Clearly this does not work. Go and try it today and report back to us on how it goes if you feel differently.

[Anonymous No.52743119]

>Europe will kill itself for a country that has less than 50 years of existing
Lmaoing at Germany, they did it again

[Anonymous No.52743128]

>>52741376
>UN laws.

[Anonymous No.52743267]

>>52742826
>Gas and crude are different things with different pipes. Druzhba pipe still works, for instance.

im talking about the gas pipelines which were blown up.

[Anonymous No.52743286]

>>52741348
>Last time I checked suppliers set prices not buyers. Clearly customers can't walk into a store and set prices at whatever they want. Customers don't tell gas stations how much a gallon of gas costs either
wrong. buyers ALWAYS set prices in all markets. if no one buys at the price the seller wants to sell at their product is essentially worthless and they might as well drink the oil instead.

[Anonymous No.52743296]

>>52741654
>Yes bombing niggers and sandniggers is based.
>Bombing white European isn't.
Why do people find this difficult?

[Anonymous No.52743328]

>>52743072
It can work in some instance. Let's say the shop was empty for the whole day because there were protests outside, and the customer in your example is the only one entering the shop before closure. Would the cashier refuse to sell, even at a slight loss ?

[Anonymous No.52743360]

>>52741348
It's all bukake theater. Russia will just use China, Turkey, etc as a middleman like they have been doing with nat gas.

[Anonymous No.52743369]

>>52741710
>Iraq Countries
Hahahaha, holy shit

[Anonymous No.52743378]

>>52741348
>Last time I checked suppliers set prices not buyers.
Actually it's both; hence "supply vs demand".

When enough buyers refuse to buy above a certain price, the supplier has to lower his price or he won't sell anything.

[Anonymous No.52743460]

>>52741376
European Muslim hands typed this post

[Anonymous No.52743467]

>>52741363
>Loxism
Is this what I can guess it is?
Well coming from me probably not, I went my whole life thinking Lutherans were people who followed Lex Luther.

[Anonymous No.52743580]

>>52743072
clearly going into a store and continental politics don't quite share the same conditions (threat o force if no compliance)

[Anonymous No.52743681]

>>52743369

Did you learn how to read a chart?

[Anonymous No.52743705]

>>52741363
actually says here that loxism is rarely used unironically. sooooo i think you are talking shit actually.

[Anonymous No.52743709]

>>52743360
This is the obvious answer.

[Anonymous No.52743742]

>>52743369
kek, you really read the chart like this xD

[Anonymous No.52743885]

>>52741789
why are you making stuff up now?

[Anonymous No.52743941]

>>52743360
>It's all bukake theater. Russia will just use China, Turkey, etc as a middleman like they have been doing with nat gas.

great, where is all this natural gas Europe is supposedly buying through middle men?

because it's not arriving in Europe currently.

[Anonymous No.52744017]

russia will sell to other countries
who will then sell to the 'woke' g7

[Anonymous No.52744492]

>>52743328
>this fantastical scenario i concocted though
>>52743580
Clearly they are the same you to concocted a ridiculous scenario. Your scenario is the same as a robber with a gun going to the store and stealing. That is not what is occurring. Europe is not threatening russia with war if they don't sell at a certain price. Europe is telling the russia gas they will purchase gas from them at whatever price they want. Russia can sit back and say no. Buyers don't set the price at their whim. Simple as.

[Anonymous No.52747256]

>>52743467
I am just guessing it is when you eat salmon on a bagel. Im not googling it.