4 ms·
How can there be profit without scarcity?
by drewcoo 5y ago
How can there be profit without scarcity?
- scotu 5y agowhy does there need to be profit where there is no natural scarcity?
- Arrath 5y agoIt seems vanishingly unlikely for a company like Meta to operate something without a profit motive.
- scotu 5y agoI suppose I was thinking the original comment referred to the concept of metaverse, not FB's product. Then my question was: do companies have to colonize something that doesn't have scarcity and fake it so that they can profit?
- imtringued 5y agoDuring deflation the interest rate falls to 0% which is correct but since money is going up in value, the real interest rate is still positive. This means the real interest rate doesn't actually fall to 0% meaning profit is necessary even in an economy without growth.
- TYPE_FASTER 5y agoWhen there’s enough demand