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    Price Cap For Russian Oil - G20 Goes LaLa-Land 

    September 5, 2022
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    Image by kremlin.ru

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    Dear G20 / WEF-approved “elites” - word from the wise: the reality distortion field only worked for Steve Jobs. Elizabeth Holmes learned that the hard way.

    What is the reality distortion field power that our “elites” seem to think that they master? It is the belief that if you want something hard enough and shout enough at the problem it somehow bends to your will. In Steve Jobs’ case it worked as a) he was a genius and b) he “merely” pushed the envelope of what was thought possible in the realm of design and marketing but did not try to bend gravity or the law of thermodynamics to his will.

    Our current elites are not geniuses. And, unlike Steve Jobs, they think they can take on the laws of physics and reality in general, if they shout hard enough at the sky.

    The most recent example would be the price-cap for Russian oil and gas that the G20 is musing about. Scared by skyrocketing energy prices caused by the unnecessary war in Ukraine and wishful renewable energy thinking? Let’s just agree to not pay Russia more than x-amount. Let’s be an OPEC of oil consumers. Genius, why hasn’t anybody thought of that before?

    Well, maybe because previous elites understood power dynamics, principles of negotiation (e.g. knowing the difference between a buyers’ and a sellers’ market). To be fair to our non-genius elites, at least they are being consistent:

    You cause inflation by printing funny money and shutting down large parts of the economy - no problem, blame those greedy businesses for raising the prices. You invite the whole world to come to Germany and the UK, and experience soaring property prices? No problem, blame those greedy landlords, put price caps on them, too - and then be baffled if few people are motivated to rent out or build houses. You announce to your farmers you are going to take 30% of their land from them, prices go up and you blame those greedy grocery stores and - you are correct - put in place price caps. 

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    Then again, what’s controlling prices if you already think you can engineer the earth’s future climate in a 100 years to the 1 Celsius degree, those volcanoes be damned. 

    All this climate “saving”, agriculture restarting, inflation fighting, pandemic curing, nation building (hey, Afghanistan, Iraq, Syria, Libya how are you doing? Are those rainbow flags still flying?) whilst trying to win a war against Russia - no task too big, when reality can simply be ignored.

    Thankfully, there is this magic money tree , we can do it all n o painful choices, no canons or butter decisions anymore. I am wondering when the G20 will officially solve recession or inflation by simply banning those. Imagine the headline - “G20 outlaws inflation, recession…and earthquakes”. 

    Whilst we are at it, in order to save the UK’s struggling socialized National Health Service (NHS) why don’t we just ban getting ill? We were already half there when we sort of banned treatment for everything else but Covid back in 2019. Many general practitioners still haven’t returned to face-to-face consultations. They seem to enjoy doing video examinations from their holiday homes in the Cotswolds or Provence.

    It’s time that we have some adults returning to our decision-making institutions with a healthy acceptance and appreciation of reality.

    But until such time the current elites, especially in their unaccountable adult nursery safe spaces such as the WEF, G20, EU and the universities will no doubt double down on their megalomaniac ostrich strategy of ignoring reality.



    Christian Geib

    Christian studied law in Germany, the Netherlands and the US (LL.M. Stanford). He has worked in retail, hospitality, translation, government (such as the European Commission), IT and is currently working as an IT/business consultant. He is a reserve officer of the German Armed Forces. He is particularly interested in the architecture of political systems and international regimes, recruitment and education of elites, how narratives shape political reality and everything related to currencies.
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