Ignorance disguised as advice
December 18, 2008 | Kansas, alternatives, industry, states | Comments (2)The Lawrence Journal World derides the number of payday lending stores–six–in a downtown area. However, the writer can’t fathom the economic law of supply and demand:
It amazes me that there is enough business to keep all of these companies going.
The writer should consider it good news that there are a number of stores competing with each, driving prices as low as they can go.
