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I tried to start some conversation on this earlier because I would love help grasping some of the effects and consequences: https://news.ycombinator.com/item?id
by antiterra 5y ago
I tried to start some conversation on this earlier because I would love help grasping some of the effects and consequences: https://news.ycombinator.com/item?id=26999651 https://news.ycombinator.com/item?id=26999651
It seems like it’s been a hidden inflation, where up until now, prices haven’t changed to reflect scarcity. In turn, that increases demand, which creates a resale/arbitrage market which reduces supply. As more people recognize that we’re in this weird era of everything being cheap but scarce, they buy more, adding to the scarcity.
Is there a hard landing resolution to this that we should be worried about?