zlacker

If gas was magically $16 a gallon tomorrow, it would amplify inflation. Markets and their workers would demand wage increases, which would of course trickle to everything else.

And yes, imagine what this would look like at $20 a gallon :/

>>Shocka+(OP)
There's a fascinating book that explores this exact thing, in $1/gal increments. Worth reading.

>>michae+mC
Well you gotta drop the book name with that nugget!

>>Shocka+0f4
https://www.timesunion.com/opinion/article/20-gasoline-don-t... is a short opinion piece on it with some links and such.

>>michae+sP4
Thanks for that link. I'd love to see how the author factors in inflation with the thought experiment. Reviews on Amazon don't mention this at all unfortunately.