It is also interesting to note that by dictating prices, there is no longer price discovery. Lacking price discovery by all amount of market participants, means that prices of other commodities, labor and in the end effect any product can hardly be done.
This is what the Soviet Union brought to the brink. The lack of open market mechanism.
Good article to read.
It is also interesting to note that by dictating prices, there is no longer price discovery. Lacking price discovery by all amount of market participants, means that prices of other commodities, labor and in the end effect any product can hardly be done.
This is what the Soviet Union brought to the brink. The lack of open market mechanism.
WE are in price lala-land.