Shovel seller has access to knowledge about the market and processes that you could never know, though.
replyI'm pretty sure they are sold out for the foreseeable future.
replyExactly. Memory seller says memory prices will go higher and remain high forever - got it.
replyI mean have you looked at housing for the last decade? Im glad I didn't wait for it to come down lower than it started the decade...
replyJust because he is the one selling it doesn't mean he isn't telling the truth.
and please all invest in the shovel making company!
replyI mean, yes, but they are also right. They benefit from the market conditions, and contribute to the price increase, but it’s pretty clear there won’t be that much available shovels for a very long time
replyOf course, because there was a HOA that became financially so big (on paper), that it secured 80% of the shovel supply for the next two years. Now everyone is fighting over the remaining 20%.
replyI mean they already ate all the shovel supply for this year, so unless the bubble pops now, the shovel supply for next year will be used by that HOA.
replyEspecially when the equipment the shovel seller uses to produce shovels has been retooled to produce backhoes instead because of a digging bubble.
replyShouldn't this be affected by the diggers from the Far Lands recently telling everyone how to angle the backhoe blade to dig 470x as much earth in one swing?
replyIt would be severely affected if Jevon's paradox weren't terrorizing the globe right now.
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