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re: Update, May crude oil futures now down to under $12
Posted on 4/19/20 at 10:13 pm to BeepNode
Posted on 4/19/20 at 10:13 pm to BeepNode
quote:
I'd be interested to see any respected economics publication that supports your firm belief that higher prices for raw materials helps the overall economy.
So you think the fact that gasoline demand is down 50% is a good sign for the economy?
1
Posted on 4/19/20 at 10:19 pm to lostinbr
quote:
So you think the fact that gasoline demand is down 50% is a good sign for the economy?
That's a non sequitur.
Raising prices on nearly all goods and services will not increase demand for gasoline. Demand is low because of the shutdown.
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