Oh jeez I wonder how people use those thoughts about pricing?
The usual ideological lib economics brained nonsense that sounds about right, but actually does not have any relevance.
In a planned economy, biurokrat w Moskwie (Because that's of course how the Soviet planned economy worked) is forced to estimate how many packs of cigarettes should go to the spożywczo-przemysłowy store in a village of 300 😌 and as soon as Uncle Leopold decides to buy cigars instead, you get a black market, right?
In a balanced price of a market economy, you sell as many goods as you can without wasting and with maximum efficiency, which is why... multiple kilograms of food are thrown away in stores every week and you can get certain goods only if you drive to the big city.
I'm actually reading a book on economic planning models right now btw, so if any German speakers are interested, the book is somewhat radlib but pretty interesting.
Reiterer A. (2021). Planung, Markt und „Wertgesetz“ (First Edition). Mangroven Verlag.
This form of argument is equally applicable to market economy too.
It's funny, I didn't see this was the dunk tank and read "problem" as "challenge", as in a challenge to be overcome, because ideally your planned economy would get more and more precise, until the only unknown variables would be the whims of discrete individuals, and then the challenge would be to balance the privacy of individuals in their personal consumption habits with the desire for precision.
But then I realized it's just socialism bad because ... capitalism is better at invading and permeating every aspect of our lives and warping our perception of reality and community.
market bidding making magic numbers priced at $25k i.e. Bitcoin :centrist:
