☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month agoEuropean gas prices jump by as much as 45% as Qatar stops LNG productionwww.euronews.comexternal-linkmessage-square26linkfedilinkarrow-up1122arrow-down10cross-posted to: world@quokk.auworldnews@lemmygrad.mlworldnews@lemmy.ml
arrow-up1122arrow-down1external-linkEuropean gas prices jump by as much as 45% as Qatar stops LNG productionwww.euronews.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month agomessage-square26linkfedilinkcross-posted to: world@quokk.auworldnews@lemmygrad.mlworldnews@lemmy.ml
minus-squarequeermunist she/her@lemmy.mllinkfedilinkEnglisharrow-up24·1 month agoThat’s what the price mechanism is for; if there’s a shortage, just keep jacking up the price. 45% might be the beginning. Sure it’ll collapse the economy, but for a short while it will generate incredible profits so who cares?
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkEnglisharrow-up21·1 month agoOh yeah, prices will obviously keep going up since there’s shrinking supply coupled with constant demand.
That’s what the price mechanism is for; if there’s a shortage, just keep jacking up the price. 45% might be the beginning.
Sure it’ll collapse the economy, but for a short while it will generate incredible profits so who cares?
Oh yeah, prices will obviously keep going up since there’s shrinking supply coupled with constant demand.