Quote:
Originally Posted by cdizzle_996
What I don’t I don’t understand is say on a Thursday’s afternoon the gas station has their tanks filled and pays X (let’s assume 1.35/L) fuel cost was at $1.52. Fast forward to the next day gas is $1.69 yet they’re still selling that same fuel in their tanks they paid 1.35/L.. how the fuck.
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How can you not understand...?
Let's say you own a store that sells oranges, and you buy your oranges from an orange farm.
Yesterday you went to the farm and bought all your oranges for $0.25/orange, and you have enough oranges to sell for 2 weeks. You know the other orange stores are selling them at $0.75/orange, so that's what you're going to do also.
Suddenly, the orange farm calls you and tells you that starting in 2 weeks, each orange will cost $0.40/orange. You think to yourself "wow, my cost has gone up 15 cents! I guess in 2 weeks I'll have to raise my prices to $0.90."
Then you find out this asshole across the street who also owns an orange store, was given the same news. But instead he's like "fuck the people, if I can sell oranges for $0.90 in 2 weeks, I can sell oranges NOW for $0.90 and make even more money!". So you, being a capitalist, do the same. And now all the fucking oranges in town are $0.90.
And rinse and repeat.