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A thought I had just now is that historically prices were static until an event happened to cause in increase, now prices are becoming dynamic and monotonically
by solarmist 4y ago
A thought I had just now is that historically prices were static until an event happened to cause in increase, now prices are becoming dynamic and monotonically increasing unless an event happens.
The price collusion is greed/growing pains for prices being dynamic by default.
This is another social norm that is being discarded by modern society. In the past, you didn’t go to a store two days in a row and see different prices without a good reason.
- none_to_remain 4y agoInflation is not a new phenomenon
- solarmist 4y agoIt’s not, but they way we dealt with it has changed.
- saulpw 4y agoI go to the grocery store multiple times a week and see different prices for things I buy. They are constantly changing prices, with sales and offers and 2-for-1. I know this is to confuse me into not knowing what the "real" price of a good is, so that when I run out of ketchup I'm somehow fine paying $8 for a bottle.
- solarmist 4y agoYup. That is another example of this exact same thing. Probably the more common one.