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by wapeoifjaweofji 393 days ago
Many basic financial assumptions regarding the free market are premised on the fact that you can figure out the lowest price a vendor is willing to charge for a good and compare that with how much you're willing to pay for it. Obfuscating this is bad for consumers.
1 comments

The whole point of the free market is that you don't have to figure out what it actually costs to provide a good/service in order to determine a fair price because if a price isn't fair then someone else an provide the same good/service for cheaper and win all the customers. In practice of course there is no such thing as a free market but a buyer being able to figure the lowest price a vendor will accept was never part of it.