I once heard a particular turn of phrase that really stuck with me: > Price is not really a function of supply and demand; it's a function of how much the mar

I once heard a particular turn of phrase that really stuck with me: > Price is not really a function of supply and demand; it's a function of how much the market will bear. (Note to pedants: yes, this is a function of supply and demand, but this is about framing the concept a bit differently)