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The best time of the year to buy things (lemmy.ml)

submitted 3 weeks ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Except that's not what's happening - people still ARE buying, and that's why jacked-up covid prices have stayed high. Companies found that ridiculously high prices didn't hurt sales, so they see no reason to roll them back. Amazingly it turns out Econ 101 doesn't represent immutable laws of physics.

[–] [email protected] 1 points 3 weeks ago

Except they aren't and so many companies are hemorrhaging money.