by 68Camaro » Thu Apr 07, 2011 12:15 pm
Each price hike brings out a new round of people willing to sell. As soon as they clear their inventory, it'll start back up again. As some point we will hit a region where no one will want to sell. That's when the price will go expontentially crazy, for a while. How long it does that, and how high it goes, will depend on the "why" of why people don't want to sell, and what their alternatives are at the time.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.