• @withabeard
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    -161 year ago

    “what someone is willing to pay”

    Sounds pretty fair market price to me.

      • Zeppo
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        121 year ago

        I think it’s somewhat the opposite. Being forced to pay an extortionate price because otherwise you will be homeless, lose your possession, live on the street, beg friends or family for help, or live in a homeless shelter, isn’t a free market.

          • @[email protected]
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            41 year ago

            You could use that reasoning to justify that anything is a free market. The government is free to pass laws, the people are free to overthrow it.

          • Zeppo
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            11 year ago

            Kind of. It’s artificially inflated by private parties lobbying and achieving regulatory capture to manipulate the market by constricting supply.