The world seems surprised by the effect that fanatical sanctions (against Russia) are having. What a shock this is for the West. People in the West have become almost completely detached from physical reality.
They have forgotten that food is grown in the ground, after fertilizer and agri-chemicals have been dumped on the ground. And then the food is put in trucks that burn fuel.
Where does the lumber come from?, that is needed to build their 4000 square foot house. Surely it doesn't come from cutting a tree? That would be so awful.
They have forgotten what steel and stainless steel are. Does that require mining? Wouldn't that be bad for the environment?
They heat and air condition their oversized homes at 72F all year long. Most of the crap in their house is made from petroleum. All of these comforts just magically appear to them. They don't know from where. Nor do they care.
To the West, reality is just an assembly of pixels on an electronic screen. 'Work' consists of sitting at a desk (in an air-conditioned office) and writing new rules and regulations, dicking around with fake numbers on a spreadsheet, writing reports that nobody will read, or going down to the department meeting and wasting each other's time.
The West seems surprised by the solidity of an economy (like Russia) that produces real things that the world needs, instead of the crap that West produces. Who really needs the West anymore? It prints dollar bills, exports weapons, produces the latest rap-music hit, sprouts a new sexual oddity every year, chases the latest iPhone or Starbucks product, and runs a popular culture that is nothing more than an open sewer.
The classic definition of inflation is 'too much money chasing too few goods.' People seem surprised that if you shut down the flow of goods with Covid lockdowns and sanctions against the commodity-producers, and then drop a few trillion dollars from helicopters, that prices go up.
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