Exodia38 on Nostr: Yeah, that improves the productivity (supply) of certain product. The thing is that ...
Yeah, that improves the productivity (supply) of certain product. The thing is that people are also incentivized to produce for a profit. If people have so much demand for a product, its price will drop pretty quickly (in a standard of law of supply and demand, free market, of course) and the producers will eventually be incentivized to produce other things because the opportunity cost of doing that will be more favorable
Published at
2024-08-08 13:30:49Event JSON
{
"id": "a7d344cf2b2658a8d674fd9555a0fb9308c15585479a58cda67e2253716cc966",
"pubkey": "aa902c06496dd51e22521ed77aa9f8b1edcaab329b439990e369411f6b490e71",
"created_at": 1723123849,
"kind": 1,
"tags": [
[
"e",
"a4c733d657b6b33a209bcd3bae3c68379aab58bfb6f35cc32d81471ce02fe139",
"wss://ca.purplerelay.com/",
"root"
],
[
"e",
"be33863391e7fa47aa58b8390c2a934a56db28895e6263fddb9905e722c5796f",
"wss://a.nos.lol/",
"reply"
],
[
"p",
"9fec72d579baaa772af9e71e638b529215721ace6e0f8320725ecbf9f77f85b1",
"",
"mention"
]
],
"content": "Yeah, that improves the productivity (supply) of certain product. The thing is that people are also incentivized to produce for a profit. If people have so much demand for a product, its price will drop pretty quickly (in a standard of law of supply and demand, free market, of course) and the producers will eventually be incentivized to produce other things because the opportunity cost of doing that will be more favorable ",
"sig": "b56e6ce68a4f9c0400873a1e79679eea76de495a14d578b2d61e79deb74616ce42c0fca26f829873d3e42fcbaa956362fe0a24c0af381eb3839a136239b167c8"
}