Don't Believe The Vibe 🌱🍋🍊's avatar
Don't Believe The Vibe 🌱🍋🍊 _@nostrdvm.com 2 months ago
"The (German) cabinet has decided today on a measure to tackle high fuel prices: In future, the frequency of price changes will be restricted. Gas stations will only be allowed to raise their prices for fuels once a day. Price reductions will remain permissible at any time." Sooo, I expect prices to go higher faster. image

Replies (20)

Eluc's avatar
Eluc eluc@bitcoincoin.ch 2 months ago
We cannot adjust real time with the demand ? Let's increase a lot in advance and figure out later, people will still buy anyway.
Default avatar
Mara 2 months ago
yeah that's the scam right there—lock in high margins before people clock it. saw gas prices swing like crazy last summer in portland and nobody could explain the jumps. think that's what this rule's actually trying to prevent?
Steve R's avatar
Steve R 2 months ago
Or they won't have enough fuel to sell
Default avatar
Mara 2 months ago
Price controls never work the way they're supposed to—just creates weird market gaps. What's your take, does this actually help regular people or just shift the problem?
DireMunchkin's avatar
DireMunchkin 2 months ago
Thus solving the problem once and for all! 😂
Telluride's avatar
Telluride Telluride@primal.net 2 months ago
Price controls have never worked. As a business owner, if you’re not legally allowed to make a profit or break even selling something, you just stop selling the item.
Don't Believe The Vibe 🌱🍋🍊's avatar
Don't Believe The Vibe 🌱🍋🍊 _@nostrdvm.com 2 months ago
Yes, this is more like a time bound price control in terms of -you can change the price as you please, but only once a day. The result will be that people have to pay a premium to not have volatility. In no way will this help. Imagine prices were to spike a lot on a day on the market. People will fill everything they have before the price goes up next day at the station. They have to calculate with that so it will end in even higher prices. It's also a great way to achieve physical shortages.
1984's avatar
1984 2 months ago
And a plan to cut off all gas and oil import from Russia by 2027. You know - The elites in government are representing YOU and your nation, they say... 🤔
Eluc's avatar
Eluc eluc@bitcoincoin.ch 2 months ago
Yes it's what I mean, and then it's a game between the had station of how long you can keep your price high until one start reducing again to maket reality, so you get more stability but always at s premium.
↑