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Who sets the price of oil?
Message
From
11/10/2004 10:39:46
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
 
To
10/10/2004 11:46:31
General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
00950250
Message ID:
00950425
Views:
17
>I heard someone made an interesting comment on tv some time ago.
>
>Not too long ago the price for a barrel was around 32$. Then really fast it jumped to 40$. This created a panic but the bigger panic created now with the barrel over 50$ is much bigger than the one created at 40$. Next logical move could be to put it back to around 40$. Then everybody will be happy. THEY (those controlling the gas prices. Whoever they may be) will make more money.
>Customers will be happy because of the price cut.
>
>So that person on tv (a comedian by the way) said that this looked like the perfect technique to go from 32$ to 40$ without creating too many waves <g>

This technique was tried so many times by Milosevich and his predecessors... They even had laws where this or that (taxes or fees) would be increased by 50%, and then decreased by 10% after a couple of weeks. And people were happy that it wasn't worse... even though before the first law they'd be outraged by a 40% increase. But then, it's still better than 50%...

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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