You often hear this statement made as if it were a matter of fact. Sometimes you hear the opposite statement. Are either true? Not really. Supply and demand is balanced by price … price is set by a willing seller and a willing buyer. The number of buyers and sellers is not really a factor … what price they agree upon is the factor which sets a new price, either higher or lower than the current price. It is easy to forget that today when you look at a computer screen instead of the others’ face.
Here’s my original blog that prompted this article in conjunction with AdviceIQ.