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by tuna-piano
3568 days ago
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Of course this is more or less always true - there are only shortages or excesses of things when prices don't or can't adjust freely. If there was 1 gallon of water left on earth, Bill gates would buy that gallon for $50 billion, and everyone else would die of dehydration. There has always been a shortage of maids willing to do all my house work for $10. And there is a shortage of data engineers at $x, but there wouldn't be a shortage at $1M/year (because less companies would want one, and more people would be willing to do the work). |
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really? who would sell the last gallon of water on earth?