this post was submitted on 16 Nov 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

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[–] finitebanjo@lemmy.world 10 points 1 week 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.