meta_pixel
Tapesearch Logo
Log in
The Indicator from Planet Money

Rationing: How it works and why it doesn't

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 4 April 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Russia's invasion of Ukraine is forcing Germany to rethink its reliance on Russian energy, particularly natural gas. And as it looks for solutions, the nation is talking about something economists despise - rationing.

Transcript

Click on a timestamp to play from that location

0:00.0

NPR.

0:12.0

This is the Indicated From Planet Money.

0:13.9

I'm Paddy Hirsch.

0:14.9

And I'm Adrian Ma.

0:16.2

Lithuania announced over the weekend it will no longer buy natural gas from Russia.

0:20.8

Up until now it had been buying about a quarter of its gas from a company called Gazprom.

0:26.0

But now it's the first European Union country to say it's quitting Russian gas.

0:31.1

Nye Orlaizer on Germany, which is a long way from energy independence from Russia.

0:35.6

Half of Germany's 40 million households use natural gas for heating.

0:39.4

And 40% of that natural gas comes from Russia, which means that if the flow of natural gas

0:43.4

from Russia stops as a result of the war in Ukraine, then Germany is in trouble.

0:48.1

All of this has the German government thinking of a contingency plan.

0:51.3

Specifically, rationing.

0:53.1

When a government or an organization allows people to have only a fixed amount of a commodity.

1:01.1

On today's show, we look at high rationing happens, why it happens, and what the unforeseen

1:06.5

consequences can be.

1:15.5

Support for NPR and the following message come from Burrow, the furniture company known

1:20.0

for their easy-to-assemble modular sofas and sectionals.

1:23.4

Now they're applying their expertise to the bedroom with all new bed frames, dressers,

1:27.9

nightstands, and mattresses all made with premium durable materials.

1:31.8

Every single order ships free from a sprawling sectional right down to a tasteful side table.

1:36.7

Listeners can take $75 off today at burrow.com slash indicator.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.