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by GeoDeV 3895 days ago
I'll have to think about it more, but I don't think your premise is valid, i.e. that there are 2 mostly unrelated supply demand curves. My first thought is that all prices in a dynamic economy are interrelated and are always moving towards a state of equilibrium. This company's actions are disruptive and will either fade or they will change the point of equilibrium. Another factor, mentioned in the article, is productivity. Henry Ford was able to raise his worker's wages because his manufacturing methods dramatically increased their productivity. I don't know if this company's productivity is high enough to support a raise to 70 G's.