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by aftbit
62 days ago
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Markets do not model that especially well. When it comes down to these situations, it's not about the rising price of food motivating producers to enter the market - it's about the people starving. During a war, no amount of money can cause more munitions to appear fast enough. Blast-resistant concrete can take weeks or months to cure, workforces take time to train. These "momentary" disruptions can swamp the whole. |
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