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Who is participating in bad faith? If you want long term security of supply pay for it. Suppliers love long term contracts and orders. Buyers usually don’t go f
by barry-cotter 5y ago
Who is participating in bad faith? If you want long term security of supply pay for it. Suppliers love long term contracts and orders. Buyers usually don’t go for them because it’s cheaper on average not to. No one signed a contract. The market price moved. That’s capitalism. If you want to prevent it happening again you can pay for it, by having a long term contract, stockpiling or multiple suppliers.
Many, many markets work fine without enduring personal relations. If you want security of supply of commodity parts buy a stockpile.
- strogonoff 5y ago> Who is participating in bad faith? Hoarders. (In this instance, as per upstream comments, possibly coordinated, possibly by CCP.) There’re fairly illustrative examples in my comment that you are ignoring. You should address them if you object to that idea. > If you want long term security of supply pay for it. A single player cannot outbid a state and/or many players acting maliciously in accord.
- zozbot234 5y agoHoarding is not in "bad faith". If people anticipate a shortage in the future, storing some of the existing supply is socially beneficial. It raises current prices less than it lowers future ones.
- strogonoff 5y agoThe problem being discussed is when it wipes the supply, isn’t it?
- ido 5y agoMaybe a more relatable example: ticket scalping. These are people who rush to buy tickets to popular concerts or sports events and then resell them at the venue priced much higher than sale value (and a lot higher than the venue/artist/sports team got). Are these people adding value in any way or form or just leeching?