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> Scalping is a natural "black" market which always pops up to satisfy market demand whenever artificial restrictions are placed on the market. In which way do
by cassianoleal 4mo ago
> Scalping is a natural "black" market which always pops up to satisfy market demand whenever artificial restrictions are placed on the market.
In which way do you see the market for Steam Machines to be artificially restricted?
- Ferret7446 4mo agoTheir price is being set artificially below the market demand/supply equilibrium. The same thing happens when governments set price limits.
- cassianoleal 4mo agoThe price is being set according with Valve's costs and expected margins. It's not an artificial restriction.
- cannonpalms 4mo agoIt is "artificial" in the sense that the price is set well below the natural clearing price based on available supply and demand.
- cassianoleal 4mo agoWhat makes that "natural"? I thought currency and finance were human-created concepts.