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How long do you think that this will stay like this? After competition dies out prices will skyrocket.
by LunaSea 6y ago
How long do you think that this will stay like this?
After competition dies out prices will skyrocket.
- smsm42 6y ago> How long do you think that this will stay like this? If I knew how to answer questions like that, you'd see me on TV giving interviews about my trillion-dollar hedge fund. > After competition dies out prices will skyrocket. I have yet to see a single scenario where this actually happened without being a product of government-granted monopoly (e.g. patents in pharma). But if Uber is going to charge me 3x for the same ride (just as taxis do now) I'll stop using them (just as I stopped using taxis). In the meantime, I've been saving money for a decade. I think it's a good deal.