Assertion: speculator's price | /r/HasProperty | high
Facets:
Source sentences:
text: Speculators have always been vilified for high and rising prices.
text: As in the case of widgets, the speculator is observed to be selling at high prices, to be holding land off the market until yet higher prices are reached.
text: Of course the speculator’s initial purchases start the upward price movement during the “fat” years, when prices are low (and decreases prices when he sells during the “lean” years, during the time that prices are high).
text: That is, if you decide that a price is too high or too low, you are more likely to be wrong than right – because you will always know less than the market itself – which says the current price is the right one.
text: Arbitrage tends to reduce price discrimination by encouraging people to buy an item where the price is low and resell it where the price is high (as long as the buyers are not prohibited from reselling and the transaction costs of buying, holding, and reselling are small, relative to the difference in prices in the different markets).
text: If you order dinner off the restaurant menu, the prices are high.