Re:The chip shortage keeps getting worse – why can't we just...
by engineer_22 on Saturday September 04, 2021 @09:41PM
(#28421006)
Few people consider a deflating economy a "solution".
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Re:The chip shortage keeps getting worse – why can't we just...
by kqr on Sunday September 05, 2021 @09:30AM
(#28424209)
The point is that artificially keeping prices low does not improve the supply. If anything, it has the opposite effect.
By raising prices on the high demand stuff, you send a signal to the people that can get by with alternative stuff that now is a good time to do so.
So, like, highly hypothetically, if I couldn't find a calculator for a good price, I'm in a good seat to whip out my slide rule. This gives me an edge over the people who have to pay high prices for calculators, and simultaneously smooths out demand. What's good for me is also good for the people who really need calculators.
Re:The chip shortage keeps getting worse – why can't we just...
by engineer_22 on Tuesday September 07, 2021 @09:14PM
(#28451823)
Yeah, that's high school macro. I didn't need an explanation, but it seems that you do.
Optimally distributing fewer goods isn't a solution to the problem. The problem is a shortage.