this post was submitted on 29 Nov 2024
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Except that's not what's happening - people still ARE buying, and that's why jacked-up covid prices have stayed high. Companies found that ridiculously high prices didn't hurt sales, so they see no reason to roll them back. Amazingly it turns out Econ 101 doesn't represent immutable laws of physics.
Except they aren't and so many companies are hemorrhaging money.