@kdkeck i'm smart enough to understand it and not want it! cartels overcharge and undersupply the market, i do not want them collectively holding back capabilities!
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Reply · Oct 30, 2021@mattyglesias AMA has relevant expertise- they're great at restricting supply to drive up prices (salaries).Reply · Apr 13, 2023lol, at the same time there is something to be said for scarcity & exclusivity... let ppl compete for his favor n look forward to a rate limited…Reply · Oct 6, 2021@robinhanson @primalpoly Other than the risk of govt throwing gobs of money into the system while restricting supply... 🙄Repost · Mar 18, 2022RT @pmarca: Pricing too high = profiteering. Pricing too low = predatory. Pricing the same = collusion.