gas prices bitching thread

[donny]

gas was out of control before the hurricane. we are too depend on the gas to keep our economy afloat .when you are paying 10 bucks for a big mac because it costs 10 grand to ship them across the country tell me high gas prices mean lower everything . i dare you , double dog

The fault in this logic is that no one will pay $10 for a big mac. Everyone will pay $10 for gas if they have to. The price of a big mac isn't gonna change unless monetary inflation across the board happens so that the cheap price of a big mac stays the same in relation to the inflationary increase.

Demand for gas is inelastic and independent of pretty much any other good, especially inferior goods like big macs. People will spend their money on three things before they spend it on essential stuff like food for their children and rent money - alcohol, cigarettes, and the lottery. That's why all three are available at every gas station across the country.

tell it in japan