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Its funny how quickly people forget the purpose of competition. You can't arbitrarily raise prices just because you know they have more money, you have to have
by SubiculumCode 6y ago
Its funny how quickly people forget the purpose of competition. You can't arbitrarily raise prices just because you know they have more money, you have to have demand in the face of supply shortages. So housing might increase, but probably not the cost of USB cords.
- pmiller2 6y agoYep, and that increased price of housing is, by definition, inflation.