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[–] 0 points 16 hours ago (1 child)

Prices go up because companies can get rich.

Oil and gas prices increase and the energy costs go up, oil and gas prices go down and energy costs stay mostly the same. Oil and gas prices are expected to increase in the future (see: Iran war) and the prices go up instantly. When the oil costs actually start to increase the companies start crying crocodile tears and the government reduces taxes on fuel to allegedly take off pressure from consumers... and the companies still increase the price, just a bit less than the costs thus taking a big chunk of those tax cuts as profits, too, ontop of the earlier price increase already accounting for their costs. When oil price goes down again the tax reduction runs out and the difference is directly transfered to the consumers for another end user/profit increase.

The obvious result: oil and gas companies for the last few years constantly break their own records for profit margins again and again. So yeah, they understand demand and supply: there is demand so they can take any amount of money independent of supply unless laws/goverments reign them in. Which the corrupt German one won't do.

Instead they increase red-tape for renewables and more importantly storage and build more gas power plants.

(Fun fact: Guess who is actively criticising the government's idiotic gas plans that are destined to increase energy costs even more: the industry suffering from it. Guess who spend years criticising the government's flip-flopping on the EV transition: the car industry. Yet they still happen, because the corrupt government is not working for the people, the economy or the country but for their rich fossil fuel donors. Those indeed are very happy with their constantly increasing profits and insane plans to fortify gas and oil dependence for decades.)

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  • [–] 0 points 16 hours ago (1 child)

    Prices go up because companies get rich?? πŸ˜‚πŸ˜‚

    Do you understand economics at all? You know the invisible forces of the market. Those forces work even if you run a communist government. East Germans still had to deal with paying for items based on how much it cost to make those items.

    Anyway Germany was not and still can't afford a total green transition without nuclear energy in the mix.

    Oh, and keep antagonizing your automotive industry. Those massive job creating and prestiges automakers will soon be bankrupt for how Germany has forced them to pay for the electricity cost. German auto makers cannot compete anymore because the cost of their cars need to be 10-30% higher than the competition because it costs that much more to make a car due the electricity costs! This is economics 101, so please understand that!

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  • [–] 1 point 9 hours ago* (last edited 8 hours ago) (1 child)

    Those massive job creating and prestiges automakers will soon be bankrupt for how Germany has forced them to pay for the electricity cost.

    No, they go bankrupt because they spend decades avoiding any innovation while lobbying politicians to keep emerging competition in check. That worked until global market shifted to EVs -like everyone with two working brain cells predicted- while their lobbying and brain-washing was only able to keep EVs unpopular in Germany. So they lost a lot of their international market. And even today their paid sock puppets in politics are loudly talking about the mistake of planning a transition to EVs at all as combustion engines are somehow the future in heit damaged minds. Those are the same kind of idiots that kept focusing on horse carriages because cars are only a short-term fad.

    They don't go bankrupt because of energy costs. Also not because of labor costs (that other fairy tale told to pay even worse wages). Because both these factors only make up a small fraction of the price for a modern car. They go bankrupt because they have completely slept through a decade of innovation in car electronics and development of battery tech. So all they can deliver to "compete" with Chinese cars is worse feature for higher costs, while having to import their batteries (the main point in a modern EV) from China.

    Do you understand economics at all?

    Yes, free market economics are really easy. You use every trick in your book to keep competition away and maximise your profits. Price rigging is cheaper than innovating and optimising processes. Bribing politicians to bury new competitors in red tape is cheaper than providing the better product for the same cost. Using your bigger size and accumulated wealth to push competition out of the market to become a monopolist then raisng the prices to regain that money is easier than competing on a fair level.

    The only thing keeping capitalists in check and the system functional is regulation, which is why even the most capitalist countries have legislation and institutions in place that prevent certain market tactics and the existence of monopolies. And that's also the reason why all those billionairs are supporting small government, far-right movements and anarcho-libaratarians. Because they want the guidelines gone that keeps them from exploiting us.

    Prices go up because companies get rich?? πŸ˜‚πŸ˜‚

    That's not what I said. Prices go up because companies have a chance to get rich and have paid off politicians to not reign their exploitation in. Every energy company is massively increasing their margins and and constantly beating last quarter's record profits with the profit of the next quarter. Yet for some reason –brain-damage? insanity? being paid to lie?– some very loud people in the media and on social media somehow cannot see the connection between energy companies driving the prices up, inflation and the resulting depressed consumption.

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  • [–] 0 points 8 hours ago (1 child)

    Are you educated at all? I just need to know what your qualifications are because I don't think you studied even basic economics. And if this is the quality of German education then oh boy, no wonder AfD is winning

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  • [–] 1 point 8 hours ago (1 child)

    Yes, education in Germany is bad. That's the reason brain-washed idiots, just like you, are parroting insane fairy tales and voting for fascists. If you are stupid enough to not understand actual problems, you can be manipulated to vote for the problem as the alleged solution. And afterwards the usual face-eating begins and the morons suddenly cry for sympathy because how could they have seen the Leopards coming.

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  • [–] 1 point 8 hours ago

    LOL I'm not from Germany. I do read a lot about the denuclearization experiment Germany is doing so I'm aware of that. I also study macroeconomics, it's a passion of mine. I only have a bachelor's degree but never stopped studying. These are all my opinions not absolute facts of course.

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