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On the contrary, the price likely would have gone higher without the regulatory cap...
by cozzyd 6y ago
On the contrary, the price likely would have gone higher without the regulatory cap...
- throwawaysea 6y agoThe article shows the real time supply and demand price at the time being 300x lower. It wasn’t a price cap but more like a mandatory price increase. At least that’s how the linked post from Griddy describes it.
- cozzyd 6y agoWhen demand exceeded supply and load had to be shed, the fair market price likely would have been much higher. Griddy is advocating for having their cake and eating it too here, I think.