this post was submitted on 23 Nov 2023
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It only lowers prices for a brief period, and then it jumps significantly.
Sanctions dont make the market more robust or healthier. They artificially carve it into pieces, which in the longterm creates poorer products, creates monopolies, and eventually ends up enforcing those monopolies by strangling off any would-be competition.
In this example:
Actually in general, it will lead to lower prices. But yes, in a narrow set of circumstances it could lead to higher prices, although I find it highly unlikely to be the case here.