> Scalping is a natural "black" market which always pops up to satisfy market demand whenever artificial restrictions are placed on the market.
In which way do you see the market for Steam Machines to be artificially restricted?
> Scalping is a natural "black" market which always pops up to satisfy market demand whenever artificial restrictions are placed on the market.
In which way do you see the market for Steam Machines to be artificially restricted?
Their price is being set artificially below the market demand/supply equilibrium.
The same thing happens when governments set price limits.
The price is being set according with Valve's costs and expected margins. It's not an artificial restriction.
It is "artificial" in the sense that the price is set well below the natural clearing price based on available supply and demand.
What makes that "natural"? I thought currency and finance were human-created concepts.