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So in other words, after one famine where a large fraction of the population dies, the market will be better afterwards? Especially with anti-price-gouging law
by jmalicki 7y ago
So in other words, after one famine where a large fraction of the population dies, the market will be better afterwards?
Especially with anti-price-gouging laws - this process is explicit forbidden from happening during a crisis.
- 6510 7y agonah, the regulators will move in and save us from ourselves.
- s1artibartfast 7y agoRegulators might be able to legislate food into existence in counties with strategic reserves, but not all places are so lucky. If there isn't enough calories produced, people would die. Most in low GDP countries which are net food importers.