I was actually saying the opposite, that we need more done about income protections so people can afford stuff. “Given all other evidence” meaning the mountains of information we see about inflation…
The problem with concert tickets isn’t inflation. It’s the Live Nation/Ticketmaster monopoly that controls both the venue and the sales vehicle. They own all the best venues, disallow artists to use any other way to sell tickets that aren’t Ticketmaster, and charge both the artists and the consumers exorbitant fees.
They’re making money on both ends of the transaction because of their monopoly on live music.
I was actually saying the opposite, that we need more done about income protections so people can afford stuff. “Given all other evidence” meaning the mountains of information we see about inflation…
The problem with concert tickets isn’t inflation. It’s the Live Nation/Ticketmaster monopoly that controls both the venue and the sales vehicle. They own all the best venues, disallow artists to use any other way to sell tickets that aren’t Ticketmaster, and charge both the artists and the consumers exorbitant fees.
They’re making money on both ends of the transaction because of their monopoly on live music.