4 ms·
> Likely always will be in greater demand than supply (at least on a macro basis). If demand is always greater than supply it means that the market isn't worki
by lottin 5y ago
> Likely always will be in greater demand than supply (at least on a macro basis).
If demand is always greater than supply it means that the market isn't working as it should. In a well-functioning market price will adjust so that the supply is equal to the quantity demanded.
- rkagerer 5y agoThat's fair, thanks for pointing it out. I meant more in general that over the long term humans will always find ways to utilize all the additional / cheaper energy that ever becomes available. Historically the pattern has been: New supply --> cheaper prices --> new applications --> more demand I don't think there will ever be such a thing as "enough", even when civilization gets to the stage where we measure in units of stars.