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cogman10 4 hours ago

> The US is a major oil and has producer. It's benefiting from this war of aggression and not even taking any damage.

Oil companies are benefiting, everything else in the US suffers. Money isn't going to trickle out of these oil companies to spur economic activity.

Nations that benefit from the war do so because of nationalized oil production. Any nation without that is going to ultimately suffer because that added oil revenue doesn't make it's way back to the public.

All nations are going to look at increased food costs and potentially even shortages next year due to increased fertilizer and transport costs.

measurablefunc 4 hours ago | parent [-]

It's not that simple. Production costs have gone up for everyone, inflation is going to get worse so the simple logic of "higher prices, higher profits" doesn't really work in this case.

cogman10 4 hours ago | parent [-]

There will be a short term long term thing with this. I agree with you that ultimately everyone loses long term. Short term the higher prices will result in higher profits which will enrich whoever owns the oil.

We aren't at the end of the inflation, though, that's going to hit. This is only the beginning. Next year will be when things really go south. At this point it's not a question of if, but rather how bad.

measurablefunc 3 hours ago | parent [-]

I agree.