this post was submitted on 26 May 2024
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[–] [email protected] 6 points 5 months ago (9 children)

A helium balloon does not invalidate the law of gravity.

The law of supply and demand describes market forces, but these are not the only forces that act on prices. Perceived value, fomo, FArtS, and even your basic fraud, all of these are also forces that act on pricing. Economics, like physics, does not happen in a frictionless vacuum.

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