Yes, that's the theory. And it's honestly ridiculous to believe that such a simple, static model could work in the actual, real-world economy, which is a comple

Yes, that's the theory. And it's honestly ridiculous to believe that such a simple, static model could work in the actual, real-world economy, which is a complex dynamic system... (The simplistic theories also assume everything is priced in the way fungible commodities are, which is not how much of the world works)