Re:Economists who defend disaster profiteers are wrong
by TeMPOraL on Tuesday April 14, 2020 @07:02AM
(#22864581)
> In the medium to long term though high prices slowly incentivize people to produce more of that good. So it would be like if your hardware gained more and more CPU threads to dish out over time, until we reach some equilibrium again.
Except the demand is going to fall back down in the future, and your hypervisor is sentient and realizes there's no point in spending its own resources to provision more vCPUs if they're going to be running idle by the time they're activated.
In the medium to long term though high prices slowly incentivize people to produce more of that good. So it would be like if your hardware gained more and more CPU threads to dish out over time, until we reach some equilibrium again.