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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
by tuna-piano 10y ago
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).
- beachstartup 10y ago> 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. really? who would sell the last gallon of water on earth?
- spoonie 10y agoSomeone who just drank the last 2nd last gallon. ;)
- qaq 10y agoand what would he use the money for :)?
- atombath 10y agobullets =)
- beachstartup 10y agoall the bullets would have been fired by then.
- wickedlogic 10y agoIf they needed water to prime the last pump on earth?
- p4wnc6 10y agoDisney would.
- snovv_crash 10y agoSomeone with a bunch of hydrogen, oxygen and a rudimentary knowledge of chemistry.
- branchless 10y agosomeone with liquid assets. I'll get my coat...
- deleted 10y ago[deleted]