Comments by "Maxwell Benz" (@Tential1) on "How Putin held Europe hostage over energy | FT Energy Source" video.

@nicolocadamuro9988 let's make this simple for you. You pay 300 a month in utilities to make an annual salary of 60k a year. You need your utilities to earn your salary. Your utility bill doubles to 600 a month, and you refuse to pay. So you lose your 60k a year salary.... This is value add... If you equate one dollar of Russian gas to one dollar of euro output, you're genuinely clueless
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Good analysis ja. I knew they had priced it in euros, but I hadn't considered that now they switch to American and need dollars, lol.... That's why the euro crashed so hard. No euro demand anymore. Everyone needs dollars. Also, weird this guy says printing causes inflation, when we know theoretically, it should work like that, but in practice it's more complicated. Money multiplier effect for example. Means adding new money to the economy is always a crap shoot on how much activity you actually generate
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@dnotleythere they don't want to live in reality, so admitting that Donald Trump was right will never happen
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@JA-pn4ji for once... Someone gets this and isn't parroting EU propaganda. People are crazy idiotic about the value add multiple. Losing Russian gas hurts Russia, but hurts Europe way more because they add so much value. People are thinking ideologically. I manage money, and I have to be right. Not moral(or however you want to describe it) and you have to be completely brain dead to think Russian economy will hurt more than the insane value add Europe gets.
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@canertas3800 that's choosing to be reliant.... Rofl.
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@pholippe1441 it's like Europeans think the world stops after winter.... They haven't planned at all. It will take 3 years to replace the energy Russia provided.
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