Comment on If someone opened a store and just sold stuff at cost, which undercuts every other competitors by alot. Would this not for the big corps to come way down on their prices?

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HubertManne@piefed.social ⁨5⁩ ⁨hours⁩ ago

sorta but the idea is the market would be more like 5% but maybe 10 depending on the interest rate. Essentially enough that it does not go under but actual profit should be about the same as a certificate of deposit from a bank.

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