Pricing Power, Market Control, and Risk

The price tag on your favorite sneakers is actually a calculated trap. It is called elasticity,

and big brands use it to see how much cash they can squeeze out of you before you quit buying.

If you really need something, like electricity, that is a monopoly, and they own you

because there is no substitute. But in a competitive market, like selling vegetables,

prices stay low because you can just go to the next stall. If you plan on starting

your own empire, choose wisely. A sole proprietorship is easy, but if you crash,

you lose your personal car. Corporations protect your assets, but the government

taxes you twice. Money isn't just math, it is about who controls the supply