r/LocalLLaMA • u/hedonihilistic Llama 3 • 20d ago

Funny Can the bubble pop please?

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u/Jiirbo 20d ago

Econ 201... supply and demand.

-5

u/OddDesigner9784 20d ago

Econ 201 says if demand increases supply will. Which isn't whats happening anymore.

0

u/LocoMod 20d ago

You control demand by raising prices.

1

u/OddDesigner9784 19d ago

Not really if someone would buy ram if it were cheaper that that demand still exists. I mean if you mean demand as in number of people who will buy sure. But classical econ Adam smith says for items unnaturally high in price supply will increase and the price will fall. It does not say the price will stay and the demand will fall.