Economy is still a social science at large. Upping the prices to their theoretical limits might cause immense backlash whereas steady increases, either fixed ye

Economy is still a social science at large. Upping the prices to their theoretical limits might cause immense backlash whereas steady increases, either fixed yearly increases or a big increase due to "extraordinary forces", may have very different social effects. Blindly mentioning 'supply and demand' is the same as saying 'calories in and out'. It's true, but it misses nuance.