That's misrepresentation of the theory. Which is roughly "new units decrease price if there's excess demand". Which is the classic microeconomics theory of how

That's misrepresentation of the theory. Which is roughly "new units decrease price if there's excess demand". Which is the classic microeconomics theory of how the price point shifts due as the increased supply sets a new equilibrium. some pretty graphs: https://mobile.twitter.com/georgiststeve/status/1598135264270245888 https://mobile.twitter.com/georgiststeve/status/159813526427...