this post was submitted on 02 Mar 2022
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Price inflation is happening in all sectors in the USA. That's just transferring wealth to the corporations, which have seen record profits, even with supply pipeline disruptions of the pandemic. So, gas prices being pumped up because of whatever crisis is nothing new.
There's no way any amount of inflation is going to counter the sanctions, though. Russia will sit on the sidelines and watch the hogs feast. And then sell whatever amount of oil it's permitted to. Remember what happened when they tried to play chicken with the Saudis.