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Forums - Politics Discussion - Putin starts sanctions against EU/USA

 

Russia starts sanctions against the West. Is it

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Sharu on 07 August 2014

Oh, yeah!!!



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Leadified on 07 August 2014

This surplus in bacon better bring down these criminal prices, what's a man got to do now a days to get some decent protein.



fighter on 07 August 2014
Sharu said:
fighter said:

On the other hand it raises prices in russia tremendously and the production quality is bound to drop in order to meet the demand.

Please explain me, why the prices will go up and quality will drop?

if the ban had been on only a given food product among food products the demand would be inelastic

example : no enough apples -> people buy more pears instead -> not much impact on prices

so on the curve below the equilibrium of apples will move from right to left (and the index of P rises less than 1 times the index of Q lowers)

 

 

but since the food ban concerns the entire food offer you can't substitute food with anything else than food - so russia will follow the typical "inelastic" curve

again - equilibrium point moves from right to left (and the index of P rises more than 1 times the index of Q lowers)

 

http://www.investopedia.com/university/economics/economics4.asp

 

For the quality issue it's simply that competition will not be a problem for either farms and productions nor for distribution. Whatever they get they know they will sell.



fighter on 07 August 2014
Leadified said:
This surplus in bacon better bring down these criminal prices, what's a man got to do now a days to get some decent protein.


it will never be cheaper to bulk than now

 

yay protein



Sharu on 07 August 2014
fighter said:
Sharu said:
fighter said:

On the other hand it raises prices in russia tremendously and the production quality is bound to drop in order to meet the demand.

Please explain me, why the prices will go up and quality will drop?

if the ban had been on only a given food products among food products the demand would be inelastic

example : no enough apples -> people buy more pears instead -> not much impact on prices

so on the curve below the equilibrium of apples will move from right to left (and the index of P rises less than 1 times the index of Q lowers)

 

 

but since the food ban concerns the entire food offer you can't substitute food with anything else than food - so russia will follow the typical "inelastic" curve

again - equilibrium point moves from right to left (and the index of P rises more than 1 times the index of Q lowers)

 

http://www.investopedia.com/university/economics/economics4.asp

 

For the quality issue it's simply that competition will not be a problem for either farms and productions nor for distribution. Whatever they get they know they will sell.

Economy is my speciality, thanks for showing the basics. But as I write in the same post Russia already found the source for the same products, also growing a lot by ourselves.

Your position will be right in an ideal world where Russia produce only gas/oil, and EU produces everything else. And no other countries around. But the real world is different. 

Btw, did you heard last Obama's speech about Russia? He was just talking utter bullshit, nothing close to the reality. Who prepares speeches for him???



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Nirvana_Nut85 on 07 August 2014
LiquorandGunFun said:

oh well. shit happens. idrc what russia does. they arent a new enemy, i grew up in the 80s so its nothing new. some things will go up in price but oh well, im sure the Chinese will pick up the slack.

Need to handle them like the USSR with more solid foreign policy abroad without being stupid and supporting terrorists orgs.

instead we have this.

this isnt even fair.

Don't forget this one!



" Rebellion Against Tyrants Is Obedience To God"

fighter on 07 August 2014
PullusPardus said:
fighter said:

Have you ever seen a hunter who conveniently carries a tranquilizer and a satellite transmitter in case he stumbles on a tiger ?

http://matadornetwork.com/life/putins-9-most-outrageous-publicity-stunts/


Yes ?  you hunt with your spears or something?


ha ha, I hunt with my wallet...

 

 

but srsly, i think russian media hunted you and it was easy



fighter on 07 August 2014
Sharu said:
fighter said:

if the ban had been on only a given food products among food products the demand would be inelastic

example : no enough apples -> people buy more pears instead -> not much impact on prices

so on the curve below the equilibrium of apples will move from right to left (and the index of P rises less than 1 times the index of Q lowers)

 

 

but since the food ban concerns the entire food offer you can't substitute food with anything else than food - so russia will follow the typical "inelastic" curve

again - equilibrium point moves from right to left (and the index of P rises more than 1 times the index of Q lowers)

 

http://www.investopedia.com/university/economics/economics4.asp

 

For the quality issue it's simply that competition will not be a problem for either farms and productions nor for distribution. Whatever they get they know they will sell.

Economy is my speciality, thanks for showing the basics. But as I write in the same post Russia already found the source for the same products, also growing a lot by ourselves.

Your position will be right in an ideal world where Russia produce only gas/oil, and EU produces everything else. And no other countries around. But the real world is different. 

Btw, did you heard last Obama's speech about Russia? He was just talking utter bullshit, nothing close to the reality. Who prepares speeches for him???


so economy is your specialty and you don't think prices will go up ?

ok, that will be easy to verify



PullusPardus on 07 August 2014
Sharu said:
Oh, yeah!!!


Game of thrones looks different from the last time I've seen it.



Sharu on 07 August 2014
fighter said:

so economy is your specialty and you don't think prices will go up ?

ok, that will be easy to verify

No. I think prices can go up a bit, but it won't have a significant effect on average Russian. 

Btw, If you interested, we can make a list of some products, I'll go to the shop and check the prices. And then I'll do the same in a half a year, to see the changes. Also you can do the same with a salaries of you and your friends!