Hacker News new | ask | show | jobs
by forgetsusername 3947 days ago
>"Markets cease to exist in unstable environment"

The "market" is just a place where two parties can meet to exchange something at an agreed upon price. Stability has nothing to do with it.

If you get in a jam and essentially advertise to buyers, "I need to sell everything NOW, at any price!" you shouldn't be surprised if the buyer's offers are low. Why would I buy something now for $40, that I can get later for $20?