How is that relevant?
RE: Taxation is Still Theft
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Taxation is Still Theft
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Economics.
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Non sequitur
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Hey, if you don't know basic supply and demand then that's on you, bud.
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Hey, if you don't know
Basic supply and demand
Then that's on you, bud.
- cyberdemon531
I'm a bot. I detect haiku.
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That is not what the term means. You're just spewing phrases that make no sense in this context.
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There are less resources (supply) and more people (demand) than the beginning of the human race, therefore your minecraft conspiracy philosophy isn't reasonable. You don't know history OR economics. It's hilarious and also pathetic.
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Now there are more resources available for use, more innovative ways to use the resources available, and more people to split the production process and make exchanges for mutual benefit. If you think there was more wealth in the past with less people, I am afraid you may be the one with a flawed understanding of economics and history. Technological advancement has multiplied productive capability.
The market of price information signals where there is high demand, and offers a reward incentive for supplying that demand. If supply exceeds demand, or demands change over time, prices fall and profits (the reward for satisfying wants) vanish. That is what "supply and demand" means, in a nutshell. It does not mean less people = more supply, as you seem to assert.
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It's almost like everywhere but america never enters your mind for these equations. Africa, latin america, the middle east, just don't exist in your mind. Billions and billions of people just absent from all of your minecraft fantasy theories. Truly stunning.
There are more people (demand) with less resources (supply) globally. That is irrefutable.
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Except it is totally refutable. Yes, there are more people. But usable resources are increasing. People are better off overall over time. Agriculture is improving. Manufacturing is more efficient. Seasteading is becoming feasible. Famines have become a purely political phenomenon thanks to global markets. Poverty is a consequence of government wars and economic intervention, not a shortage of wealth.
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