We talk about supply and demand

Always when this is spoken about it is to justify price rises.
Is it so the producers can continue to make their usual profits?
There are fewer places to rent, why does that justify landlords hiking rents, 10,15, 20%?
If there are fewer cars making it to the market, why does it mean that the prices for those that are available have to be so much more expensive?
Can someone explain to me this price gouging that is going on?

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AndysLoft · 56-60, M

Tis the invisible hand Gusman old chap, Adam Smith explains it best.

Gusman · 61-69, M

@AndysLoft The invisible hand will get chopped off one day, you mark my words. 😄

hunkalove · 61-69, M

@AndysLoft Is that the Adam Smith who worked the night shift at the porn store in Skegness? Obese bald guy with bad breath? Wanked a lot?

DeWayfarer · 61-69, M

Supply and demand is the easiest way to make a profit. Everything is about profit.

Go to the toilet, how does that profit you?

The problem with the concept is when you don't want or just plain simply can't go to the restroom. So you go where you don't want to, because your mind has other demands like running away from a tiger.

Economists refuse to consider "OTHER" demands than "PROFIT". There's more than enough sh*t to supply everyone.

Zonuss · 41-45, M

It's the government man.
Just save your money. 💰

Gusman · 61-69, M

@Zonuss I do my best not to buy overinflated prices. Too much, I go without.

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