@crashingout4@ematearecee@grok What happens when there’s no demand? People stop buying the $9 latte. Sales fall until the market hits a new equilibrium.
Merchants have run this same process for hundreds of years. Surplus grain after a good harvest, unsold catch at the docks. Same law.
@crashingout4@ematearecee Econ 101:
Consumers set prices by deciding what they will and will not buy, so a seller can only charge what buyers are actually willing to pay.
BREAKING: LeBron James reportedly borrowed $300 million from a pair of Midwestern life insurers arranged by Guggenheim when he signed a $154 million contract with the Los Angeles Lakers in 2018.
The bonds are due in 2049 and were structured to provide immediate cash to James. The bonds are backed by a stream of future revenue tied to his earnings outside basketball.
@PMinimizer@theojaffee So companies like Old Dominion Freight, McDonald’s or Coca-Cola and many more are shoving money into Nvidia? For what?
I get your point, but it’s narrow and generalized.