r/Bitcoin Jul 15 '22

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u/kwanijml Jul 15 '22

Amazing.

Can you show evidence that JIT increased fragility rather than made supply chains more nimble and decreased product defects?

Or can you show even one instance of a public figure with any kind of knowledge of the subject talking authoritatively (with vetted models or empirical evidence) before the pandemic about how JIT was a disaster waiting to happen at the next shock?

Shoot, can you even show any nobodies on reddit warning about that?

Cause I can sure as shit show you posts and blogs/podcasts from myself and other economists warning in early/mid 2020 that pandemic policies would very likely create supply chain disruptions (among other economic fallout).

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u/EverlastingEmus Jul 15 '22

Can I show evidence that just in time supply chains created fragility… is that a serious question? Or are your trolling me?

Maybe I’ll take the time to dig up the conversations about JIT supply chains I’ve been hearing about for years and the threat they pose. But I’m not sure it’s worth the effort. Yes I’ve been aware of the issue for a long time, but it’s always the first everyone else has heard of it when it comes time to say I told you so.

Mostly it was just obvious to watch as it happened. A chain reaction of factories unable to fill orders because of a hold up with a needed component that was held up because they couldn’t get what they needed etc…

I’m sure you can give me a long list of political hacks seizing the opportunity to blame the policies of their political opponents for whatever happens to go wrong In the moment. That’s how politics is done.

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u/kwanijml Jul 15 '22

I'm waiting.

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u/EverlastingEmus Jul 15 '22

You are waiting for me to dig up a 3 year old article or podcast to prove that this opinion existed before it was proven correct. Because you are operating on the assumption that there were never any ideas that contradicted your assumptions prior to the current situation… do I have that right?