Re:Central Banks and Disintermediation
by eru on Wednesday January 27, 2021 @07:45AM
(#25927535)
Margin is a bit of a nebulous concept.
Computers can help bring down costs. Competition can help force companies to pass on those savings.
(Though even in the absence of competition, there is some incentive to lower prices in order to increase volume. But it's much weaker. See eg https://en.wikipedia.org/wiki/Monopoly_profit)
Computers can help bring down costs. Competition can help force companies to pass on those savings.
(Though even in the absence of competition, there is some incentive to lower prices in order to increase volume. But it's much weaker. See eg https://en.wikipedia.org/wiki/Monopoly_profit)