The other thing I want to address in the stickiness of prices, is that all that

The other thing I want to address in the stickiness of prices, is that all that happens when prices increase is that it attracts lots of additional rent seekers within the organization and without. Most people wait for opportunity to demand more and wait for a moment of good fortune to demand it, lest their refusal be considered immoral. Yet when prices reverse they display moral indignation that the previous increase in a time of exception has now become the new minimum that they tolerate.