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> Paying 10% more for a product in perpetuity costs a lot more than a 12 to 24 month period where prices double. JIT manufacturing gains are far under 10%. It’

> Paying 10% more for a product in perpetuity costs a lot more than a 12 to 24 month period where prices double. JIT manufacturing gains are far under 10%. It’s mostly advantageous from a capital flow point of view. At this point, considering the overall brittleness introduced, it’s not obvious to me there ever was gained at all if you consider both the up and the down. It’s pretty obvious that at this point the purely free market approach is as successful for manufacturing as it was for banking. How can we even talk about free markets when the government just saves everyone each time a large crisis happens?

refurb 4y ago
What government save happened for the supply chain? What brittleness? People had to pay more for cars? The cost of airline tickets went up? Lumbar prices went up? I mean, don’t see many consequences for that brittleness. Inconvenience sure. And I mean, if you think it’s the wrong move then there is an opportunity for you to get very rich - either start a company selling for higher prices to account for slack or heavily invest in ones that do.