Linearts
Linearts t1_jaq3w4r wrote
Reply to comment by farquadsleftsandal in [OC] Supreme court is forecast to block student debt relief by liortulip
I haven't used Kalshi specifically, but I used PredictIt (a similar, competing website) during the 2020 election and made $200 off overconfident Trump supporters who kept buying his shares even when Biden was leading the polls by large margins.
Linearts t1_jaq3rr5 wrote
Reply to comment by StuffinYrMuffinR in [OC] Supreme court is forecast to block student debt relief by liortulip
Prediction markets are mostly nonexistent in the US, due to regulatory capture of the CFTC. They shut down most markets in exchange for bribes.
Linearts t1_jbl21gw wrote
Reply to comment by sumgye in Upper West Side votes against proposed rest stop for delivery workers at 72nd Street by mowotlarx
>We should charge an additional fee for them. There is no way they will pass that extra cost down to the consumer. They won’t have the nerve.
This is complete nonsense. Of course they will pass extra costs onto customers. The only way that would not happen is if supply is completely inelastic (they cannot change how much food they deliver, for any amount of money) and/or demand is completely elastic (food sales would drop to 0% if any of the fee goes into the final price of delivered food).