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Probably the best way to decrease the cost of living is to balance information asymmetry so that buyers know everything that sellers know when transacting. Pric
by davemel37 11y ago
Probably the best way to decrease the cost of living is to balance information asymmetry so that buyers know everything that sellers know when transacting. Price comparison and fighting predatory businesses is a start, but too much commerce revolves are arbitrage and exploiting the vulnerability of being uninformed.
Balance out the knowledge gap and consumers will be able to transact directly with producers, bringing down costs across the board.