• iopq@lemmy.world
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    6 months ago

    Which part of the equation is it?

    Like how much greed gives you 1% higher prices? How do you measure greed?

    • hark@lemmy.world
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      6 months ago

      It doesn’t map so simply. Greed will try to push prices up as high as possible, but what’s possible depends on other factors. People can understand how a global pandemic causing supply issues would lead to higher prices, but greed took full advantage of that understanding and pushed it far beyond limits.

      • iopq@lemmy.world
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        6 months ago

        It didn’t push beyond limits, greed pushes the price exactly up to the limit people will pay.

        • hark@lemmy.world
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          6 months ago

          That’s like claiming that no one gets scammed because they were willing to participate.

          • iopq@lemmy.world
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            6 months ago

            Usually a scammer doesn’t uphold his end of the contract. They promised you something, but you didn’t get it.

            That’s not the case here

            • hark@lemmy.world
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              6 months ago

              There are many scams and a lot of them don’t involve a contract at all. There are also ones that do involve a contract and upholding it is part of the scam. Regardless, you missed the point that just because someone pays the price, doesn’t mean everything is fine and dandy.

              • iopq@lemmy.world
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                6 months ago

                There’s an implied verbal contract when you say you’re providing a service and you are in fact not.

                My point is that a lot of people are fine with paying the price they are paying. The people who are not can just stop