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2026-05-26 17:05:34 UTC

Simon (2.₿y.2) Kofah on Nostr: We're surrounded by quiet evidence we don't live in a free economy. Case in point: ...

We're surrounded by quiet evidence we don't live in a free economy.

Case in point: why/how is it that every item in a grocery store (with all their myriad inputs and complex supply/demand dynamics) fall into neatly quantized price increments? $1.99, $2.99, $10.99, etc.? Why isn't a box of blackberries $3.37 or $2.03?

....I understand there are reasons (psychological or otherwise) for charging round numbers, but those reasons are nonetheless distortions of free market dynamics which do not care about the difference between $9.99 and $10.02.