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Basically, yes. The economy relies on price signals. If you just sit about and pay whatever the price is for anything regardless of whether it makes sense to y
by throwaway22032 4y ago
Basically, yes.
The economy relies on price signals. If you just sit about and pay whatever the price is for anything regardless of whether it makes sense to you, then we end up with bad outcomes.
e.g. minimum wage jobs being shit because people do them anyway.