The Drivedown Theory.
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by Freebairn
As anyone who sells or buys things on the markets anywhere knows, the salesman with the lower prices gets the first sale. Now that is the root of capitalism, but there are problems with this...
The fact that the sellers of... really anything, will slash their prices to get sales. And the fact that everyone will keep cutting their prices just to make a quick pound, keeps bringing down prices. While that sounds good, and lower prices seem great for the market, too much of a good thing isn't good. Eventually (probably not, but eventually) the prices on all goods will shoot down and that will mean the sellers of said goods will be forced to keep prices extremely low and all goods dirt cheap. That will make everyone in the eUK's income lower since the companies will not be making as much. For instance, the price of submachine guns in the eUK has gone down by around 0.25 GBP in the past 3 days. Which (though unlikely) would bring the price of submachine guns down to 0.23 GBP by this time next week. An alarming rate.
Now I realize that it's impossible for all citizens to unite and keep prices steady, because there'll always be a scab who lowers prices and everyone buys from him. However, government enforced legislation that sets a net to stop the price of a certain item going too far down could be extremely useful. Now I'm not saying that this has to be enforced right away, it doesn't. But this issue could become far more dangerous in future.
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it's all about supply and demand
Not sure the game mechanics will allow a minimum price to be set by the government.
If you could do it, the probable effect would be to drive wages down even further until it hits minimum wage and then people would start to be fired.
With no jobs, how do you expect people to pay for these high priced weapons?
Im saying that an government enforced certain price, a little lower than we already have (or decided by the legislators in congress) and the competition for workers would keep increasing tho. The way our economy works there will always be a market for jobs. And in the eUK has fairly high wages.