I noticed that the professionals in this forum often say that they are raising their rates and again and again. In informal chats, some have wondered if this is because they are trying to project the impression that everyone is raising their rates so as to ensure the market as a whole, gets paid more.
There have also been some theories that in actual fact, these people did not raise their rates, but in creating an impression that their rates have increased, will spur others to raise their rates first, and they can then raise theirs to match when the market has accepted the higher rates.
Wonder how true are these.