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by realgeniushere 1304 days ago
That’s not how any of this works. 1) Weird to check the inflation charts when you can just check the price of oil and natural gas. They have moved considerably due to the war. 2) Natural gas is not a perfect long term market. It’s a consumable that has to travel through the supply chain and then be consumed in a short amount of time. 3) No reason to expect a massive shift right at the beginning of the war. No one expected the war to drag on this long. No one expected the West to double down on sanctions so dramatically. No one expected Nordstream 2 to get blown up and foreclose Germany’s options. 4) Inflation has many many causes. A major pandemic, a decade and a half of printing money like never before, political trouble in the US, and now a twitter-driven suicidal sanctions regime.