5 ms·
> So they jacked up the prices from high (few people can buy) to infinity (nobody can buy). If nobody can buy, the sellers don't sell any (and lose potential p
by curiousgeorgio 7y ago
> So they jacked up the prices from high (few people can buy) to infinity (nobody can buy).
If nobody can buy, the sellers don't sell any (and lose potential profits), so they'll be forced to sell for more reasonable prices. See - no heavy-handed intervention needed, and market prices naturally stabilize to a fair price accounting for what is available and how much of everything else a person is willing to sacrifice in return for the product of interest.