3 ms·
I don't think it would make money more valuable but it would make product/service less valuable. What I mean by this? If you could by 10 product units for $10 a
by Shadowed_ 4y ago
I don't think it would make money more valuable but it would make product/service less valuable.
What I mean by this?
If you could by 10 product units for $10 and now only 5 units due inflation. If you produce double units, yeah, maybe you will reduce price to $1 but only because you increased supply without increasing demand. You would be practically giving away product unit for every you sold.
Disclaimer: I'm not any kind of economic expert, it's just contemplation.