slice1
slice1@lemmy.ml
Joined
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Without full information (e.g., on the cost of production/demand) the price can be lower. This is also why controlling the flow of information is “profitable” for capitalists. Imbalance of information is characteristic of “real” markets (as opposed to an “ideal” market). Also, fluctuations average out for the population - not necessarly for an individual.
Seems like a guy who would have fit right in: https://www.reuters.com/article/us-cohen-ukraine-commentary-idUSKBN1GV2TY