But - as our neoclassical econ friends will remind us - raising prices like this invites competitors to flood the market with cheaper options. The only way excuseflation can work is if the supply-chain is sewn up by a few dominant firms that can collude to rig markets and block new market entrants, and that is *exactly* what's happening here.
Start with the grocer's fridge, festooned today with signs warning you that you are limited to purchasing one dozen eggs per customer.
10/
Cory Doctorow /
npub1yx…75qvv
2025-03-10 17:02:13
in reply to nevent1q…nypp
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npub1yxzkmtuyctjw2pffp6e9uvyrkp29hrqra2tm3xp3z9707z06muxsg75qvvPublished at
2025-03-10 17:02:13Event JSON
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