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It's probably a sane choice for most products to -not- prepare for very rare disasters like a hundred year pandemic. After all, markets optimize for profit, not
by jjeaff 5y ago
It's probably a sane choice for most products to -not- prepare for very rare disasters like a hundred year pandemic. After all, markets optimize for profit, not convenience or safety.
These shortages will all smooth out relatively soon. It can cost a lot of money to be prepared for everything.
- dcow 5y agoSometimes the most efficient option is not the safest or happiest or winning option. If our prime goal was cheapest lumber 99% of the time, then sure a traditional market is very good at that. I would happily pay for 1% more expensive lumber all the time to avoid paying for 1000% more expensive lumber (read: not being able to buy lumber) when I really need it.
- missedthecue 5y agoWould you pay 40% more for lumber to avoid 1000% price spikes though?