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> If that happens, prices may have to go up, that mathematical. I'd expect the opposite: competition between the "used" and the "new" markets would drive price
by cesarb 2y ago
> If that happens, prices may have to go up, that mathematical.
I'd expect the opposite: competition between the "used" and the "new" markets would drive prices down, not up. Mathematically, you'd be increasing the supply, while keeping the demand nearly the same, which in the traditional supply and demand model means lower prices.