"The (German) cabinet has decided today on a measure to tackle high fuel prices: In future, the frequency of price changes will be restricted. Gas stations will only be allowed to raise their prices for fuels once a day. Price reductions will remain permissible at any time." Sooo, I expect prices to go higher faster. image

Replies (15)

Yes, this is more like a time bound price control in terms of -you can change the price as you please, but only once a day. The result will be that people have to pay a premium to not have volatility. In no way will this help. Imagine prices were to spike a lot on a day on the market. People will fill everything they have before the price goes up next day at the station. They have to calculate with that so it will end in even higher prices. It's also a great way to achieve physical shortages.
1984's avatar
1984 5 months ago
And a plan to cut off all gas and oil import from Russia by 2027. You know - The elites in government are representing YOU and your nation, they say... πŸ€”
Yes it's what I mean, and then it's a game between the had station of how long you can keep your price high until one start reducing again to maket reality, so you get more stability but always at s premium.
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