Prices are set to whatever the market can bear. They engineer in price swings because it is a psychological trick that makes people accept faster price inflation.
The problem is we don't have real competition, and the government is too corrupt to go after price fixing and collusion.
Prices are set to whatever the market can bear. They engineer in price swings because it is a psychological trick that makes people accept faster price inflation.
The problem is we don't have real competition, and the government is too corrupt to go after price fixing and collusion.
(post is archived)