A Giffen good is a basic, non-luxury item that goes against typical economic and consumer demand principles.
#finsurlog #finance #GiffenGood
Read more at: finsurlog.com/what-is-giff...

Banana and duct tape

Cryptofruit. 🤭

#conspicuousconsumption #giffengood #irrationalexuberance

Now trying to figure out what comes first to X to save its future. Double or even triple price for the blue mark (to build people's feeling they can really afford much more than most of us in the real world)? #GiffenGood