Many of the products and services that businesses depend on will or might raise in price.
Many of those businesses shouldn’t even exist, to begin with. cough the entire ad tech market cough
Maybe we should see increasing prices for energy… And let “the free and open market” fully control how much consumers pay for fossil fuels at the pump?
raising prices on inputs will eat away at a business’ profit margin.
Maybe we should see increasing prices for energy… And let “the free and open market” fully control how much consumers pay for fossil fuels at the pump?
Although I’m all for letting free market advocates get fisted by the invisible hand they worship, high energy prices have arguably contributed to the wave of obnoxious populism sweeping the world. I’m not saying we should keep fossil fuels to cater to the angry and fearful; I’m saying the transition should be more managed, because the sudden economic disruption you suggest is politically fraught.
Many of those businesses shouldn’t even exist, to begin with. cough the entire ad tech market cough
Maybe we should see increasing prices for energy… And let “the free and open market” fully control how much consumers pay for fossil fuels at the pump?
Good.
Although I’m all for letting free market advocates get fisted by the invisible hand they worship, high energy prices have arguably contributed to the wave of obnoxious populism sweeping the world. I’m not saying we should keep fossil fuels to cater to the angry and fearful; I’m saying the transition should be more managed, because the sudden economic disruption you suggest is politically fraught.