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by danShumway
1969 days ago
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> > We know that "profits go up, prices go down" is too simplistic and/or flawed of a model to talk about the real world because it's not accurately predicting what companies do in the real world. > Yeah we do. [...] So when you insist on a gross misreading of my theory Literally two comments earlier: > This is true and still misses the point that an increase in the cost of inputs results in an increase in costs, resulting in an increase in price. I'm not the person here arguing that changes in input costs and prices are universally linearly coupled to each other. |
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> universally linearly coupled to each other.
Yeah, neither am I.