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Because that's what balances the supply and demand. Artificially low prices are precisely what cause shortages. The kind of world you describe would far more e
by jtc331 12y ago
Because that's what balances the supply and demand. Artificially low prices are precisely what cause shortages.
The kind of world you describe would far more efficiently allocate resource--even helping people to determine whether or not to drive versus bike versus walk versus other transportation. It also would help people determine the actual value of their property: should it be a house? A restaurant? A parking garage?
- Nursie 12y agoShortages for who? You, that can afford to pay whatever you feel like? Or people on a lower incomes who would just be priced out entirely? Your 'shortage' is only eased by making life difficult for others.