World News

32513 readers

364 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

574

Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled (www.nytimes.com)

submitted 1 year ago by [email protected] to c/[email protected]

196 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 1 year ago (1 children)

OK. Natural prices exist as an unreachable ideal point, but there are no absolutely natural prices in real world. I agree, and, BTW, no ancap would argue with that.

[–] [email protected] 20 points 1 year ago* (last edited 1 year ago) (1 children)

natural prices can only exist in an environment where every consumer and producer has all the information and is completely rational.

if you are rich and a vegetable seller who typically charges $5 for a vegetable charges you $10 you are unlikely to bargain as you would consider it a waste of your time and energy and just buy it. is this person being rational by not wanting to waste their time or irrational because they aren't squeezing more out of the seller.

read this too

[–] [email protected] 1 points 1 year ago

My two comments combined do not contradict what you say.

Thx for the link, I'll look at it