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The Right Price Act like a buyer and look at homes for sale in your community.
(If you see that price, act fast -- those deals don't last).
Something similar would happen under the Managed Carbon Price Act, sponsored by Congressman Jim McDermott (D-WA).
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For many consumers price acts as an indicator of quality with a higher price suggesting better quality.
As Robert Shiller pointed out in his book "Irrational Exuberance," a gradually rising asset price acts like a natural Ponzi scheme, in which each new wave of investors creates capital gains for the previous wave.
The price acts as a ceiling to keep costs low and would fall slowly over the 20-year life of the system.
The market does the monitoring job: CDS prices act as a check on excessively risky business strategies.
Higher oil prices act like a choke-chain on the economy, dragging down profits for ordinary businesses and depressing investment.
Higher commodity prices act like a consumption tax, transferring income from households and companies which use the resources to companies and countries that produce them.
Higher oil prices act as a tax on countries that import the stuff, which would normally call for easier monetary policy.
"Joblessness and the cost of living are like fire and petrol: high prices act like petrol on the wildfire of unemployment.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com