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If you build things the market is not demanding, however dumb, eventually someone will use these things. Low demand means low prices, even if these prices are
by stretchwithme 13y ago
If you build things the market is not demanding, however dumb, eventually someone will use these things. Low demand means low prices, even if these prices are too low to justify the investment.
Everything has a clearing price, a price that will draw buyers and get it sold.
Of course, if prices are held artificially high, it will take forever.