Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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Please put at least one word relevant to the post in the post title.
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Posters are encouraged to link to the toot or tweet etc in the description of posts.

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Price gouging (i.ibb.co)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 4 months ago (1 children)

Attributing price changes to "supply and demand" doesn't mean it's being attributed to both (ie supply changes and demand changes), simply that there is now a mismatch between the two

In this case, if supply remains the same, but demand decreases, then the price will go down until they are in equilibrium again

[–] [email protected] 2 points 4 months ago

In a terrarium economy. We're so divorced from actual value this econ 101 stuff barely applies to late stage capitalism.