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5/ Q: Dear Jay, what do I do when I run out of Doritos? A: Crunch all you want; we'll make more.https://www.youtube.com/watch?v=A0UsUsUu998 …
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6/ two big points here: 1) certain things, while rivalrous (only one person can consume a given unit of housing per unit came) can be created (Doritos, housing, couches, restaurant meals) 2) always divide by overall market size ; e.g. Bill Gates owns 4/100 of 1% of US farmland
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7/ it's a bit like the George Floyd thing for the left: * there's a narrative some resentment * an event happens that kinda vaguely not-really pattern matches to it * the more you look at it, the less it matches * oops, too late, it's already our bannerhttps://twitter.com/stephengracin/status/1403069039598051329 …
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8/ Of all the houses in the US, I can't buy 99.999% of them ... because people own them. OF COURSE I have to look elsewhere. How is this any different? ...and yet, houses are hugely fungible.https://twitter.com/AndToddsaid/status/1403069111396179975 …
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