SchrodingersWehraboo
Well-known member
Monkeydonia is willing to make a deal with Monkey Putin? Color me shocked.
Business & Finance Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.
- Thread starter Floridaman
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Monkeydonia is willing to make a deal with Monkey Putin? Color me shocked.
I'm not. They've learned the EU means jack-all. Now they're going to look out for themselves.
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
Get ready for the Ukraine tax and pay your share.
this isn't go well for Biden, but at this point its just another thing on the old dumpster fire.
Blasterbot
Well-known member
Bassoe
Well-known member
Agent23
Ни шагу назад!
Bulgaria: Forecast of 35% more Expensive Gas in May - Novinite.com - Sofia News Agency
35% increase in gas prices because our simp PM and his Harvard buddies need to show "unity and solidarity".
Unity and solidarity with who?
Mostly everyone agreed to payment in Roubles.
35% increase in gas prices because our simp PM and his Harvard buddies need to show "unity and solidarity".
Unity and solidarity with who?
Mostly everyone agreed to payment in Roubles.
From your post, here's part of your problem:
"The regulator will announce the new price on May 10 - after a new, closed meeting. "
You got price controls (at least, AFAICT), and probably not just here. That's harming you long term more than any gas price.
Agent23
Ни шагу назад!
Energy is life, and life will get at least a quarter more expensive.(We do have some coal, hydro and solar as well as a nuclear power plant.)
Also, it is not like there are easy alternatives to national gas and electric grids.
What I'm saying, is that if you have price controls on gas, you likely have price controls on a lot of other things (maybe food!). Each price control has harmed you far more than this raise in gas prices just now. Price controls one of the classic reasons communism doesn't work, for example.
Agent23
Ни шагу назад!
Not really, but energy price caps and national price regulatory authorities are common throughout Europe.In theory our energy companies are private, though.
Also, if I do not miss my guess, the USA's utilities are also very heavily regulated.
bintananth
behind a desk
It's a bit more complicated ...
Price controls (to prevent profiteering) combined with rationing (to prevent hoarding) does work.
Another useful price control is a regulator setting the price a monopoly (like a privately owned utility) can charge their customers.
Agent23
Ни шагу назад!
While the religious discussion of regulation, yay or nay, is interesting, that does not make my gas cheaper because a mass Twatter spergout and an idiotic foreign policy and outright treasonous politicians forced my country to stop buying gas from the cheapest possible source.
Then again, neither ancaps/libertarians nor leftists let a good crisis go to waste.(Not calling you a leftist here, @bintananth just saying that people are doing the usual have you heard of our lord and savior Ayn Rand/Milton Friedman.)
Me, I would have sided with the libertarians here, and frankly I am fine with having more freedom, however privatized public monopolies like utilities usually stay monopolistic and keep their lazy, government mindset while price gouging and growing admin expenses, aka socialism for the eitch and the corporate apparatchiks.
Ever since the electricity grid was privatized I have seen no upside and only gotten hit with more additional fees and I have zero options to get an alternate, cheaper power supply delivered to any of my residences.
Let us face it, some industries are very hard to demonopolize.
Maybe when I can put in a mini nuclear power plant in my back yard - then there will be real competition.
Ahhh yes...
I tell you what to pay and how much you can buy!
Or, if you're the seller, what to sell it for and how much you can sell!
More loss of liberty and more control for the government. Don't mind us though! You're free people with all your rights intact.
bintananth
behind a desk
🤷♀️
The combo is useful for dealing with specific short-term emergencies. See: wartime rationing or right after a natural disaster.
For everyday things when there's not an emergency ... No thanks.
Agent23
Ни шагу назад!
Yeah, long-term it will lead to disinvestment.
I can agree with that statement. Though, I want to see more legislation come with built in Sunsets.
US's natural monopolies (just natural gas for heating, water, and electricity) are regulated, but still not by a national price fixer. Gas (as for cars) isn't a natural monopoly.
As for them being common throughout Europe, that's because socialism is common throughout Europe. And price-fixing stuff causes far more problems than any foreign war causing a supply drop.