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Old 03-28-2019, 09:59 AM   #67
Timboli
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Join Date: Feb 2009
Location: Downunda
Device: Kindles, Kobo & Samsung Tablet
Quote:
Originally Posted by Apache View Post
And yet people pay exorbitant prices for gold and diamonds because of they think that they are rare. Diamonds are not as rare as people think. DeBeers has managed to successfully manage the supply and demand of diamonds resulting in artificially high prices. They will actually buy back and stop supplying specific diamond sizes when the price starts to drop. DeBeers was once prevented from doing business in the United States because they are a monopoly. Now they can and do because Congress passed an exemption for them. So I do not think the prices charged for eBooks are out of line compared to other businesses.
Apache
I cannot see how that makes any of it right and fair.

There are many greed based situations in this world, which is why the rich get richer and smaller in number and the poor poorer and greater in number.
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