2 ms·

Thats exactly how supply works. Unless you're saying I can still buy fresh wooly mammoth meat somewhere if I just offer enough money

• redox99 6mo ago
  Mammoth meat does not exist. Fuel does exist.
  • malfist 6mo ago
    And when your supply of jet fuel is cut off? If you don't ration and let the free market decide how to allocate it, how long do you think it lasts until you say "jet fuel doesn't exist"?
    • baggy_trough 6mo ago
      A very long time, certainly much longer than rationing! That's the whole point of raising the price.
    • ben_w 6mo ago
      The scenario being faced is not a complete cession of the existence of jet fuel, it is a supply shortage. There is a split based on pre-existing contractual obligations: absent such obligations, who offers the most money, gets the fuel; But those who have pre-existing contractual obligations they find cannot be met, they default on those obligations. Rationing can be useful when a government decides the market is allocating contrary to the national best interest, for whatever reason. As with market pricing, it's not going to magic new resources out of nowhere.