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An Oil Price-Fixing Conspiracy Caused 27% of All Inflation Increases in 2021 (www.thebignewsletter.com)

submitted 1 year ago by jackalope@lemmy.ml to c/antitrust@lemmy.ml

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[–] bouldering_barista@lemmy.world 1 points 1 year ago (1 children)

I've since bought an EV (not a tesla) so the joke is on them. I now laugh at the oil companies every time they raise prices trying to squeeze money out of people.

It's not a perfect solution (I'm still trying to bike to places not far from me), but it's progress and it's freeing not having to stress about gas prices anymore! Volvo Recharge ftw!

[–] antlion@lemmy.dbzer0.com 1 points 1 year ago

Not really. When we moved off the gold standard we moved to the oil standard. Just like oil we control the supply of currency. By controlling both they control oil prices, which in turn determines the price of everything else - food, automotive glass, electronics… all created by and transported by oil.