> CoL is primarily driven by supply and demand, not willingness to pay Right. Supply and demand. Not supply alone. And demand is characterized by the willingne

> CoL is primarily driven by supply and demand, not willingness to pay Right. Supply and demand. Not supply alone. And demand is characterized by the willingness to pay. > not to mention inflation, supply chain issues, inelastcity... These are already encompassed in supply and demand. Why mention them twice? >[...] is the worst economic take i've heard in a while Maybe so, but given that, it is curious that, in the end, you decided to repeat the exact same thing in your own words. A "worst take" is usually taken to mean that you see things differently, not see things exactly the same.