4 ms·
“people have more money == prices rise'.” I believe in markets with scarce goods and no alternatives this is the case. In healthcare you have no alternatives.
by Ididntdothis 6y ago
“people have more money == prices rise'.”
I believe in markets with scarce goods and no alternatives this is the case. In healthcare you have no alternatives. And as long as housing supply is short, you have no alternatives there either. So people end up paying whatever is being asked for.
In other markets more money won’t raise prices because the purchase is optional and there are competing alternatives.