The price of a good is determined by what people are willing to pay for it. I personally think that’s a perfectly reasonable and fair approach. The cool thing

The price of a good is determined by what people are willing to pay for it. I personally think that’s a perfectly reasonable and fair approach. The cool thing is that if lots of money can be made with a good, supply will increase and people will be able to demand lower prices as a result. Whereas, if you artificially cap the price of a good, you get a shortage. Always.