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Public News Post #6971

Price-fixxing vs. Supply and demand.

Written by: Augur Fetzer
Date: Sunday, October 15th, 2000
Addressed to: Apprentice Druid Kevin


Dearest Kevin,

The concept of supply and demand addresses the tendancy for
goods to assume thier own price due to an equillibrium between
said supply and demand. Price-fixxing, on the other hand is
a tactic used to raise the price of goods by forming an
alliance that agrees to restrict the supply of said goods in an
effort to drive up the prices, thus circumventing the natural
balance of supply and demand. And so you can see, these two concepts
are mutually exclusive. Price-fixxing destroys the balance set by
supply and demand. And supply and demand can only exist in the
absence of price-fixxing.


Yours in finances,
Your Augur Fetzer

Penned by my hand on the 18th of Scarlatan, in the year 260 AF.


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Public News Post #6971

Price-fixxing vs. Supply and demand.

Written by: Augur Fetzer
Date: Sunday, October 15th, 2000
Addressed to: Apprentice Druid Kevin


Dearest Kevin,

The concept of supply and demand addresses the tendancy for
goods to assume thier own price due to an equillibrium between
said supply and demand. Price-fixxing, on the other hand is
a tactic used to raise the price of goods by forming an
alliance that agrees to restrict the supply of said goods in an
effort to drive up the prices, thus circumventing the natural
balance of supply and demand. And so you can see, these two concepts
are mutually exclusive. Price-fixxing destroys the balance set by
supply and demand. And supply and demand can only exist in the
absence of price-fixxing.


Yours in finances,
Your Augur Fetzer

Penned by my hand on the 18th of Scarlatan, in the year 260 AF.


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