But then they have to use their reserves or buy from US.Personally, I would rather see them send hearts and flowers. Keep all their military hardware right where it is as a hedge against the dragon.
But then they have to use their reserves or buy from US.Personally, I would rather see them send hearts and flowers. Keep all their military hardware right where it is as a hedge against the dragon.
The problem is, if you implement price controls, you will also have to implement rationing. Higher prices naturally reduce demand, which is important to keep the equilibrium between supply and demand. If prices are artificially low, you start getting shortages. That would cause people to start hoarding resources, which in turn causes worse shortages. The only option at that point is to artificially lower demand with rationing....until those prices start hurting their finances. Interesting how Americans don't give a shit about policies or wars until those policies or wars start impacting them directly.
There are softer levers to pull than straight up price controls to keep domestic prices under control. Export controls are one of them, but it's also one that could cause bigger problems.The problem is, if you implement price controls, you will also have to implement rationing. Higher prices naturally reduce demand, which is important to keep the equilibrium between supply and demand. If prices are artificially low, you start getting shortages. That would cause people to start hoarding resources, which in turn causes worse shortages. The only option at that point is to artificially lower demand with rationing.
People need to ask- would they rather have petroleum products available when they need it, albeit at a higher price that encourages them to be more strategic about their use, or would they rather have the same products at an artificially lower price but unavailable when they might need it?
I think you would have a tremendous amount of smuggling to Mexico and maybd Canada. Now you need more policing with increasing noncompliance.The problem is, if you implement price controls, you will also have to implement rationing. Higher prices naturally reduce demand, which is important to keep the equilibrium between supply and demand. If prices are artificially low, you start getting shortages. That would cause people to start hoarding resources, which in turn causes worse shortages. The only option at that point is to artificially lower demand with rationing.
People need to ask- would they rather have petroleum products available when they need it, albeit at a higher price that encourages them to be more strategic about their use, or would they rather have the same products at an artificially lower price but unavailable when they might need it?
So much for 'never closing the strait again'. Interesting how Iran is regaining the narrative and throwing the ball to the US.
It’s an unnamed Iranian source, I don’t believe either side and it’s way too soon to tell what’s happening but I have a hard time believing they would announce the strait is reopening knowing the U.S. is blockading it, and then change their mind because of said blockade that fast.So much for 'never closing the strait again'. Interesting how Iran is regaining the narrative and throwing the ball to the US.
I heard it on the news this morning. Opening the Strait was apparently in response to the ceasefire in Lebanon.It’s an unnamed Iranian source, I don’t believe either side and it’s way too soon to tell what’s happening but I have a hard time believing they would announce the strait is reopening knowing the U.S. is blockading it, and then change their mind because of said blockade that fast.
No side of any issue is immune from this.I wonder how many of these opinions expressed here are motivated or cultured by what their being told to think about events.
Really that is what is called critical thinking.No side of any issue is immune from this.
The stock market jumped 1,000 points after the announcement. On a Friday. I wonder what will happen to affect the markets on Monday or Tuesday?I heard it on the news this morning. Opening the Strait was apparently in response to the ceasefire in Lebanon.
I, too, have a hard time believing it when Iran is being blockaded.
Perhaps it is a gesture to see what the US will do in response.
I think Iran is hurting more than we know. Explains why Iran has not reacted to the blockade.
One MUST read foreign language press and articles to gain any insight into almost any situation.No side of any issue is immune from this.
Well, I think Israel is hated by Arab peoples because of its corrupt governments, that's a different story. Arabs don't hate Iran; they're Muslims too. Your Fox News and MSNBC tell you what you want to hear. In conclusion, Iran, Israel, and the USA are considered barbaric and idiotic, of course I'm talking about the governments of these three countries.One MUST read foreign language prrss and articles to gain any insight into almost any situation.
It clear that even though Iran was a Russian client state (loosely) and is now becoming a Chinese client state, neither of these two powers are privately upset or even publicly “shocked”. Same for every arab country not in the grips of terrorists..
Iran is simply unliked by the world at large and hated by Arab States. But you wouldnt know that if all you watched was MSNBC or even Fox News. Of course you now need to find some counter points to my opinions in order to balance it.
If the news doesn’t make you squirm a little then you’ve already got a great non-bias morning read or you simply don’t care as you have swallowed whatever Kool-Aid brand to which you are attache
They're the wrong kind of Muslim.Arabs don't hate Iran; they're Muslims too
You may be talking about the government, but the hardcore Muslims feel the people of those countries are just as bad and need to be converted, subjugated, or executed.In conclusion, Iran, Israel, and the USA are considered barbaric and idiotic, of course I'm talking about the governments of these three countries.
@willrod1989 I was serious about your post being a good one. (I thought I might have sounded sarcastic)I think you would have a tremendous amount of smuggling to Mexico and maybd Canada. Now you need more policing with increasing noncompliance.
@willrod1989 this is tremendously useful post for me and hopefully others thank you for the example examples. Now I’m gonna go back to my book, the life and Times of John Maynard.
No. Not really. They definitely hate each other. Shia vrs Sunnis. I believe the difference is in techniques. One side shoots babys in the gut before putting them in ovens. The other just stab the babies first.Arabs don't hate Iran; they're Muslims too.
I think having almost 20,000 high value targets hit in three weeks with precision weapons equal an unbelievable amount of damage.I heard it on the news this morning. Opening the Strait was apparently in response to the ceasefire in Lebanon.
I, too, have a hard time believing it when Iran is being blockaded.
Perhaps it is a gesture to see what the US will do in response.
I think Iran is hurting more than we know. Explains why Iran has not reacted to the blockade.
