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> Isn’t every product margin an opportunity for competition? Yes. Which is why marginal revenue does trend towards marginal cost, contrary to what you’re claim
by finspeech 4y ago
> Isn’t every product margin an opportunity for competition?
Yes. Which is why marginal revenue does trend towards marginal cost, contrary to what you’re claiming. High margins are a signal to the market that more supply is needed
> Trickle down isn’t real.
Trickle down is a misnomer. It’s actually more like trickle up as all it means is that people who make the money get to decide how to spend it vs. having a centralized, top-down organization (the government) decide how to spend it
> Money does get hoarded, but it’s not enough to be meaningfully helpful at purchasing power.
If hoarded money is not enough to meaningfully help purchasing power then the other side of that coin is that the increased profits of these companies is necessarily not enough to meaningfully effect purchasing power in a negative way. In both cases, it’s the same amount of money, just on different sides of the ledger