Comment by lazide

3 days ago

If demand is high and supply is fixed (generally the case) you can also pull a DeBeers, grab everyone by the balls, and charge 3x (or more) the already high prices everyone would already get when you sell out your inventory.

3 comments

lazide

Reply
energy123  3 days ago

To the extent that demand is price inelastic, which in practice means a lack of substitutes and the product serving an essential need.

  • lazide  3 days ago

    With the AI boom ongoing, plenty of people with deep pockets are desperate. Perfect time for some gouging.