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re: Does insurance violate the basic laws of economics?
Posted on 3/1/24 at 1:33 pm to LSUFanHouston
Posted on 3/1/24 at 1:33 pm to LSUFanHouston
You're misunderstanding the product. Insurance is just buying into a risk pool for a fixed price and stipulated conditions.
It isn't anything else.
It isn't anything else.
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