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When oil prices spike, where does the money go?

171 points · 195 comments · thelastgallon

  1. phendrenad2 · · focus · HN ↗
    Try asking this about anything else. "When the cost of hairbrushes goes up, where does the money go?" "When the cost of RAM goes up, where does the money go?" or if that doesn't get you thinking outside the box, try to put yourself in the role of the commodity: "When the minimum salary I will accept goes up, where does the money go?" You'll quickly see that it's a really hard to answer question. Are you just a pass-through of rising costs? Do you need a raise because your gas went up? Because the cost of hot dogs went up? Why does this apply to you, but not companies?
    1. slopinthebag · · focus · HN ↗
      lol of course the best comment on the thread doesnt get any replies. cant argue with someone who is obviously spot on
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