Economist Lin Caiyi recently made a statement saying: Since 80 to 90 percent of Chinese people travel by public transportation, public transportation is convenient and has low economic costs. Therefore, the increase in oil prices has no impact on most people.
It doesn't matter if an expert speaks.
The rise in oil prices is not only an increase in household car costs, but more importantly, an increase in logistics costs. China's road transportation accounts for 59.6% of the logistics industry, and 89.3% of the last-mile terminal transportation. These increased costs will eventually be reflected in the price of the product and evenly distributed to each consumer. When you feel your spending increase, there's the power of rising oil prices here.
This economist may have already broken away from the category of ordinary consumers. Just like the ancient emperor's "Why not eat minced meat", he is aloof, far away from the smoke and fire of the people, talking and laughing with great scholars, and there are no idle people in his dealings.
Maybe we and other people are not yet enlightened and cannot understand the unpredictable economic field. But we know that life is not easy, so save what you can. I still hope that some economists who have come out from the common people can speak more and can truly get closer to life.
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