it’s only a 40% increase in the price of every good that requires transportation
No, it isn’t. Fuel isn’t 100% of the cost of products, it isn’t even 100% of the cost of transporting them as you have workers and maintenance costs too. Fuel is actually a pretty minor cost of products overall.
Right, it’s only a 40% increase in the price of every good that requires transportation
Before you factor in corporations taking advantage of the demand to gouge prices, which as surely as the sun rises, they will.
Don’t forget a 40% increase in the price of transporting fuel, which means fuel transport is less profitable which then has knock on effects as well
No, it isn’t. Fuel isn’t 100% of the cost of products, it isn’t even 100% of the cost of transporting them as you have workers and maintenance costs too. Fuel is actually a pretty minor cost of products overall.