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I heard an economist once say that "The best cure for high prices is high prices." i.e. - when prices get that high, new people enter the market and the price drops. Or people lower their prices to try and capture market share.



Unless, of course, you've got a monopoly/oligopoly and a bunch of barriers to entry.

I'm under little illusion my cell phone bill is ever going to go down.


Of all branches of mathematics, science, and engineering, the only people on Earth stupid enough to believe in perpetual exponential growth are economists.


>If something cannot go on forever, it will stop.

—Herbert Stein, economist




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