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submitted 1 day ago* (last edited 1 day ago) by MacNCheezus@lemmy.today to c/microblogmemes@lemmy.world
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[-] finitebanjo@lemmy.world 10 points 1 day ago

Problem is the assumption that prices would go down if some people cannot afford it.

Whats happening instead is people going hungry and homeless.

The reason for this is that Supply:Demand Equilibrium is further up in price range where fewer sales at higher value yields the maximum profit.

this post was submitted on 16 Nov 2024
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Microblog Memes

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