Episode 48 Who Profits and Who Loses from Sanctions on Russia

Summary:President Biden has announced a ban on Russian oil imports into the United States. He acknowledges this will hurt American consumers but promises to ease as much pain as possible by punishing American gasoline providers. We’ve been here before.Additional Reading:The Government Declares War on Market Prices Just When We Need Them MostWill Poland Sacrifice Itself Again for a Global Empire Risking World War?Shadows and Foreshadowing at NagasakiChina Plans To Take Advantage Of The Big Oil Exodus From RussiaOil Consumption by CountryGermany rejects boycott of Russian oil and gas as it will leave millions without heatSpecial Offer: Blinkist summarizes the key points of nonfiction books so you can absorb them in as little as 15 minutes! Listen to “blinks” from the books in their extensive library while you commute to work or run daily errands. Get 20% off your first year with your free trial of Blinkist here.Free Gift from Tom:Download a free copy of Tom's new e-book, It’s the Fed, Stupid, at itsthefedstupid.com. It’s also available in paperback here.It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.Like the music on Tom Mullen Talks Freedom? You can hear more at tommullensings.com!