Quote:
Originally Posted by GratefulCitizen
There are still some economic tools.
Step 1: Through some money printing and supply restriction (need some cooperation from the Saudis), run up the price of oil for a few months.
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We are not going to hurt an oil producer by running the price of oil UP. In our world there s always going to be a buyer. Oil is the Oxygen of economy. Besides, the Iranians have a willing, well-heeled buyer in the Chinese; and if the western economies are hurt all the better for Pei King. The damage to the US and struggling European economies caused by prohibitive oil prices would be more devastating then the OPEC oil embargo.
Want to hurt an oil producer? You have to make oil cheap.
Like the Saudi did in the 80's to punish Russia for Afghanistan.