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Of course, it's unfortunate that a person can end up losing a financial bet -- it can definitely ruin lives. ... but in this case, these things were so valuabl
by brotherjerky 10y ago
Of course, it's unfortunate that a person can end up losing a financial bet -- it can definitely ruin lives.
... but in this case, these things were so valuable because they were severely constricted. Competition was restricted which means consumer prices are higher. Sure, perhaps that's measured in cents per ride, but it was still a tax levied on all drivers going to a small, lucky few.
- zeroer 10y agoMy guess is that it's more like dollars per ride, on the order of 20-35% cheaper.