Nostra
Diamond Member
- Oct 7, 2019
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- #61
So you admit in your scenario you are replacing a barrel of oil for more money per barrel than the barrel you just sold.Scenario 1: Buy oil for $20 and you have a Barrel you paid $20 for.
Scenario 2: Buy oil for $20 sell it for $95 and buy it again at $79. You now have a barrel of oil you paid $4
That is $95 -$20-$79 which is -$4 vs just -$20.
THE MATH IS EASY. You are just confused at your age and I apologize for making fun of you in your confusion. Seriously though you are confused.
Your equation is off, Mr. Economist. It should be $95-$20 + $79 = $4 per barrel MORE you spent to replace an identical barrel of oil.
Man, you really are stupid.
It's also funny you think we bought all that oil originally for $20.