4 ms·
Supply is only half of "supply & demand". Price increases discourage buying more than you need, which can help ensure that more people are able to get the thing
by kemitche 9y ago
Supply is only half of "supply & demand". Price increases discourage buying more than you need, which can help ensure that more people are able to get the things they need.
Unfettered price increases may not be the best solution, but capping prices too low just creates different problems.
- gerbilly 9y agoYeah, I'm sure the gas stations selling the gas at $20/Gal are thinking about the greater good of the community.
- darawk 9y agoThe whole point of capitalism is that individuals pursuing their collective self-interest actually promotes the public interest more effectively than if each of those people tried to help each other.