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Comment by handedness

18 hours ago

As has already been pointed out further down, OPEC is the perfect example of this. Things don't really work that way when the time scales are so extended. What we need is fracking, but silicon.

This system is too complex, the few individual players too big, with too many artificial distortions for the adjustment to equalize out in a way that's anything but years-long (it may have shock-waves that extend past the decade), and highly destructive to everyone who isn't OPEC, or their largest customers, in this analogy.

The brunt of it will be paid by the people further down the food chain.