2/ the point where supply and demand curves INTERSECT. The fact that furry porn clears at $5/month and investigative journalism doesn't seem to have a price indicates either that (a) there's a massive supply already, more or less free (b) it costs a hell of a lot more than $5
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3/ both are true! low grade, agenda driven journalism is available kinda free (the NYT is kinda free because your mind is being sold to the progressive egregore as much as news is being sold to you) high quality costs a hell of a lot more, in certain markets (market research)
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