"naive example where private equity buys everything and jacks up the prices" Naïve, but not wrong. There are a lot of factors, but jacking up prices on an ine

"naive example where private equity buys everything and jacks up the prices" Naïve, but not wrong. There are a lot of factors, but jacking up prices on an inelastic goods is pretty common. And if you are suffering a heart attack, getting help is inelastic. Nobody needing health care is like "Wait, don't save me, let me shop around a little, do you take coupons".