Nathan McDonald
1 min readMar 28, 2020

--

Rising costs are just one of the ways that the free market restores balance in a crisis, rising prices deters hoarders, reducing profits on the “secondary”, or black market.

Unfortunately, people are learning valuable lessons about the fundamentals of economics as this crisis unfolds, the hard way.

Fortunately, they are learning them.

Sign up to discover human stories that deepen your understanding of the world.

Free

Distraction-free reading. No ads.

Organize your knowledge with lists and highlights.

Tell your story. Find your audience.

Membership

Read member-only stories

Support writers you read most

Earn money for your writing

Listen to audio narrations

Read offline with the Medium app

--

--

Nathan McDonald
Nathan McDonald

Written by Nathan McDonald

Financial journalist with over 10 years of experience. Writing about geopolitics, economics, collectibles and all things related to precious metals.

No responses yet

Write a response