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These days, it's not difficult to create products that are far better than your main competitors' products in every respect. The hard part is merely getting the
by cryptica 5y ago
These days, it's not difficult to create products that are far better than your main competitors' products in every respect. The hard part is merely getting the attention of customers so that they know that your product exists...
It's extremely difficult to create this scenario whereby a prospective customer will actually compare your product against a competitor's product. If people were more open to experiment, it would be easy but network effects are just too strong. Likely propped reinforced by endless money printing.
Infinite money printing just allows the economy to maintain its structure forever. The winners always get bailed out so they always stay winners and the losers always have their competitors bailed out so they always stay losers.