• businessfish
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    5 months ago

    i think you need to look up how supply and demand works. i’ve exhausted my “arguing with people on the internet who clearly don’t want their minds changed” time for today, so have a good one.

    • KⒶMⒶLⒶ WⒶLZ 2Ⓐ24@lemmy.world
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      5 months ago

      i’m intimately aware of the price discovery theory you’ve mentioned, but it does not have any real predictive power, and it makes no claims about how production levels are impacted by markets.