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A comment on US inflation jumps to 3.8% as energy costs surge from Iran war. Parent comment

Re:US inflation jumps to 3.8% as energy costs surge from Ira... by caminante on Wednesday May 13, 2026 @04:10PM (#48126828)
> I’d say who cares if demand for oil specifically goes down?

"How" it happens is the nuance.

The point above was that people would get priced out (not by choice), lowering (read: destroying) demand. They experience lower quality of life, can't afford fertilizer for crops, lack capital to build reliable renewables, lose jobs, etc.

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Re:US inflation jumps to 3.8% as energy costs surge from Ira... by lovich on Friday May 15, 2026 @01:19AM (#48144834)
I've learned enough from this thread to give me pause and the impetus for research, for anyone finding this thread later, I am not as confident in my original reply as I was after this thread.
[ Parent | on HN ]