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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: albaby1 SILVER
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Number: of 84359 
Subject: Re: Trump To Allow Crypto In 401K's...
Date: 08/14/25 2:34 PM
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Only in the last few years have we had this kind of thing help improve the flow of information and empower people to make different decisions.

What are you talking about? I've been taking various prescription medicines for about four decades. I've always been able to call up the local pharmacy and ask them how much it would cost to fill a prescription.

More information equals better informed and more educated consumers which leads to more informed choices. Which leads to realizations of efficiencies. Which leads to more equalization of prices at similar levels of services.

Only if the patient is paying the prices. If they're not, they're going to be largely indifferent to information about prices. The people who are paying for the services will be very responsive to price information....but they already have the price information. So it's pretty likely that informing patients of prices will do absolutely nothing, because they're not the market participant that's the "consumer" that the price information would have an effect on....
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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