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.

Rules:

Please put at least one word relevant to the post in the post title.
Be nice.
No advertising, brand promotion or guerilla marketing.
Posters are encouraged to link to the toot or tweet etc in the description of posts.

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founded 1 year ago

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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.