4 ms·
What Does Price Mean When There’s No Supply?
- sharemywin 5y agoTo me this article show just how much monopolies have distorted the economy.
- strikelaserclaw 5y agoi mean, there is supply, that supply is constrained artificially by Rolex itself. Since Rolex is just a non essential good, i don't really think it can be taken as example of how monopolies have distorted the economy. Now if you can make a case that water, wheat, bathroom paper or something of that kind is being artificially inflated, then yea that is a real problem.