Tuesday, March 20, 2012

Rogue economist follows up with a post on floor price as price anchor

Rogue gives an example to show that "just because you put a floor on a price for something does not tell you anything about how high its price will go. Not when you only have a finite supply of that thing."

Read it at Rogue Economist Rants
Mr Default Buyer and cow inflation
by Rogue Economist

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