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Ok: what keeps me from raising prices, period? Also, rent was just one example. In the long run it seems inflation will just go up unless there's heavy regulat
by hcarvalhoalves 11y ago
Ok: what keeps me from raising prices, period?
Also, rent was just one example. In the long run it seems inflation will just go up unless there's heavy regulation of the market, at least on basic goods and services (housing, food, clothing, etc).
- nordify 11y agoNothing keeps you from raising prices. However, just because people have more money does not mean competition will stop. In fact competition might increase and prices go down, as there is more money to be made and risks/costs go down.