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You missed what they said: the problem is that consumer prices are not symmetric like that: prices spike, and then regress, but they never sharply dip.
by OkayPhysicist 4y ago
You missed what they said: the problem is that consumer prices are not symmetric like that: prices spike, and then regress, but they never sharply dip.
- vba616 4y agoWhat causes you to believe in the premise other than it being repeated a hundred times a day? I don't understand why people waste electrons making comments that cannot even be right or wrong without specific data and defined terms.
- MichaelZuo 4y agoIf you pay market rate, then by definition it's symmetric. If you pay a managed rate, subsidized rate, flat rate, etc., then it probably won't be. Which is the case for electricity and natural gas. Consumer goods that are usually priced at market rate, such as clothing, regularly see deep discounts.