The demands of ten thousand homeless people have no affect on the market, while the idle whims of a billionaire can shift supply chains.
The name "supply and demand" is very deceptive. "Demand" sounds like it is the desires of people, but it's not – it is the demand of money.
-
-
-
This Tweet is unavailable.
- 5 more replies
New conversation -
-
-
No it's not. Money, or price in this case, is a reflection of the buyers' demand on the available supply.
-
That's why supply side is so ridiculous, and Ayn Rand, by the way. No amount of biz brilliance can make $ w/o the demand for product.
End of conversation
New conversation -
-
-
To compare with your homeless analogy: 10,000 homeless men save up enough money to buy a meal, so they buy it, thus creating demand
-
That the restaurants have to supply
End of conversation
New conversation -
-
-
Someone needs to read Mises.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Sorta but while most ppl'd say they want
/
, is the demand limitless or only truly as high as the 
/
they will invest?Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Demand can equal need, and if so, a small band of without enough can overcome owners of supply and masses of passive bystanders = Rebellion
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
This Tweet is unavailable.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.