So, boys and girls, what have we learned from this fall in gas prices?
To reduce prices, all you have to do is boost supply, not increase the minimum wage, not tweet, not announce policy, not do an infographic, or blame anyone, just increase supply.
meaning?
To drop the price of power, you increase the MW generated and available to be distributed. To drop the cost of rent, you increase the supply of homes.
To drop food inflation, you can increase the supply of tubers like yams, cereals like rice, and protein like meat.
I close again by repeating myself: you don't drop prices by sharing infographics on social media or giving long winding speeches; you drop prices by boosting supply.
I stress, the way to make goods affordable is NOT to increase the minimum wage but to reduce the price and cost of goods by increasing the supply and output of the economy.
11. “Opportunity is a haughty goddess.”
She only visits those prepared.
Build liquidity — when land or stocks crash, you can buy what others panic-sell.
#CompoundCrew#OpportunityMeetsPreparation