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We never attempted to solve the issue of distorted price signals that occur when customers aren't the ones paying for something. We're still charging $600 for a
by nsxwolf 1mo ago
We never attempted to solve the issue of distorted price signals that occur when customers aren't the ones paying for something. We're still charging $600 for a bag of saline.
- jtbayly 1mo agoEspecially when the buyer and seller are the same huge monopoly entity, but the payer is “somebody else,” the incentives are completely perverse.