Don' let Putin win. Vote Blue in '22.

224 views • 5 upvotes • Made by LarryCaird 2 years ago in politics

6 Comments

LarryCaird
3 ups, 2y
Econ 101--If a primary source in production and transportation of goods, like oil, increases in price inflation will also increase.  Putin and the GOP are betting that voters are too stupid to put two plus two together.  Putin is paying Democrats back for supporting Ukraine. He's betting that Republicans will accept his help and keep up their disinformation campaign on oil prices and inflation.  We will see.  Do Republicans want to win so bad that they will throw in with the World's Number 1 Enemy of Democracy and Freedom?
LarryCaird
0 ups, 2y
Think back to elementary or middle school, when you learned about Archimedes' experiments with fluid displacement. Apply his example to supply, demand and inflation. Inflation (displacement) is naturally occurring when supply (water) in a container (the economy) is impacted by demand (a brick or similar object.) The right amount of water in the right container displaced by the right sized brick will not overflow. Left without a brick, the water will not rise to the desired level. Add two or more bricks and a catastrophic overflow will follow. Imbalances in supply and demand in a capitalistic model drive inflation or deflation.
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AmericanViking
0 ups, 2y, 1 reply
LarryCaird
1 up, 2y, 1 reply
A Putin Denial and Disinformation addict.  He has you in his hip pocket.
AmericanViking
0 ups, 2y, 1 reply
So Biden didn't renege on the petrodollar deal?  WOW
LarryCaird
0 ups, 2y
The dollar is used as the currency for commodity traders because it is the most stable currency in the world and has been for many decades.   During the "Grear Recession," Putin tried to get China to back up a stupid idea to trade for oil with their funny money.  China owes no allegiance to the US, but the history of the Ruble is road full of potholes. China passed on the idea.  Why? Russia actually has two currencies known as a Ruble.  The "Certificate Ruble," is used for buying dollars.  You need Certificate Rubles or a hard currency like a dollar to buy imported goods in Russia.  many workers get regular Rubles, which some stores refuse to accept.  Russia has strict rules against common people trading too much hard currency. 



The "petro-dollar," deal, if it ever existed, would have expired decades ago.  It is just fodder for right-wing conspiracy theorists, and nothing more.

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IMAGE DESCRIPTION:

PUTIN REWARDS TRUMP'S LOYALTY, CASTS VOTE FOR GOP IN "OCTOBER SURPRISE."; HE GETS OPEC TO JOIN HIM IN CUTTING OIL PRODUCTION BY 2-MILLION BARRELS PER DAY WHICH WILL DRIVE UP PRICES AND INFLATION. REPUBLICANS WILL BLAME BIDEN. THEIR VOTERS WILL LOCK-STEP.