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Except petrol is significantly cheaper than it was once you account for inflation.
by jama211 10mo ago
Except petrol is significantly cheaper than it was once you account for inflation.
- Y-bar 10mo agoAnd once you account for externalities, is it still cheaper?
- jama211 10mo agoOn average yes, that’s why it’s a bad example. There are many excellent examples of things that can be used to show the massive cost of living issue, wage stagnation, etc. it’s just petrol isn’t a great one.
- pluc 10mo agoFor who?
- jama211 10mo agoEveryone. That’s what “the price is lower” means. Don’t paint me as someone who doesn’t understand wage stagnation or cost of living crisis, I fully understand and am on board with those issues. My point is simply that petrol is a bad example the way OP used it.