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When oil prices spike, where does the money go?

171 points · 195 comments · thelastgallon

  1. gblargg · · focus · HN ↗
    The money goes around and around. Money ultimately is just a tool to allocate resources. Higher prices mean the resource is less available than the demand, so it needs to be allocated more carefully (higher prices tend to make people more careful with their choices).
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