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The problem is a bit like climate change. If everyone is paying these prices, the prices will just keep going up. People just have to stop, but they won’t. You
by xwdv 4y ago
The problem is a bit like climate change. If everyone is paying these prices, the prices will just keep going up. People just have to stop, but they won’t. You can think of markets as pricing engines, and prices will rise up to what the market can bear. Pretty simple.
- irdc 4y agoThat's only true for elastic demand.