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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (7872)8/28/2021 4:36:05 AM
From: Maurice Winn2 Recommendations

Recommended By
gg cox
SirWalterRalegh

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Being a registered international economic genius, I can also solve the "empty shelves" problem.

Put the price up from $1 to $10 and see if people still want to empty the shelves. If they are still emptying, try $100. Or $1000.

That will have the happy outcome of not just leaving the shelves with lots of stock, but will make profits so large that the doubled or quadrupled pay rates will be easily paid while also doubling the profits for the business owners.

Hey presto, no employee shortage and shelves with stock ready to be bought.

Sometimes customers whine like a fleet of Koreans that the prices are too high. They should get a real job paying them more money so that they can afford to pay the new higher prices.

Please nominate me for TWO Nobel Economic prizes or maybe just one would be enough. I think I'll call it "Supply and Demand Balancing = Price Discovery." It's surprising nobody has thought of it before but it often surprises me how obvious ideas are considered genius.

Mqurice
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