Hacker Read

driverdan · 2019-05-11 22:46:22

This is a poorly written article that doesn't any cite sources or data.

Is it demand increasing prices or an actual shortage?

camdenlock | karma 218 | avg karma 0.47 · | 2021-04-09 02:27:38+00:00

It’s interesting how this article talks so much about a shortage, but fails to explain what it is or why it has occurred.

tekla | karma 2501 | avg karma 2.18 · | 2023-04-19 09:11:36

Impressive how absolutely no evidence is given by such a massive claim.

At least attempt to refute the article which makes multiple separate claims as to why there is a shortage.

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techenthusiast | karma 429 | avg karma 8.41 · | 2018-02-28 03:02:01+00:00

That article literally gets supply and demand wrong...

umeshunni | karma 4701 | avg karma 3.15 · | 2020-03-22 01:52:58

It's not an article. It's a tweet by some rando who just learned about demand and supply.

imtringued | karma 11098 | avg karma 0.8 · | 2021-10-21 06:06:43

You're basically saying that both demand is exceeding supply (=shortage) and that demand is weak enough that supply increases aren't worth it. That's not a shortage. That's just a price equilibrium i.e. business as usual.

runeks | karma 6249 | avg karma 2.34 · | 2021-08-18 04:03:52

> A shortage occurs when price cannot rise.

Do you have an example of this?

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TeeMassive | karma 597 | avg karma 0.52 · | 2021-06-22 02:30:30+00:00

Which is the point of the article, that it's not based on a simple increase in demand.

sharemywin | karma 5432 | avg karma 0.74 · | 2017-07-14 14:49:01+00:00

Except the article cites several examples of where demand isn't being met.

-Farmers in Alabama are fretting that crops may rot in the ground for a lack of workers to bring in the harvest.

-Despite high demand, home builders in Colorado are throttling back activity because they can’t find the workers to erect frames.

-An airline canceled flights because it couldn’t find enough pilots to steer them.

Those aren't demand problem but supply problems.

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cco | karma 1351 | avg karma 2.49 · | 2020-03-28 21:33:59

The article here, and the discussion above, is a situation where clearly the demand is high but the supply is low.

WalterBright | karma 71923 | avg karma 2.96 · | 2016-07-30 03:40:44

It's also a pricing problem. Shortages happen when the price is not allowed to rise.

donnie12345 | karma 170 | avg karma 0.69 · | 2023-09-01 07:26:39

So the shortage is real?

f1yght | karma 114 | avg karma 2.53 · | 2023-07-07 11:49:33

So... there isn't enough supply to match the demand growth.

z0r | karma 863 | avg karma 2.63 · | 2023-10-21 18:29:46

I don't see how increasing demand solves supply problems. Surely there are multiple problems here, not just supply.

Iv | karma 9755 | avg karma 4.1 · | 2021-05-04 15:10:36+00:00

The shortages seem to be caused by hiccups in the cupply-chains bottlenecks that have a hard time to adjust to the slowdown and recovery of the economy. It is not caused by a unusually high demand, but compared to its depressed self six month ago, it is comparatively high.

Interest rates are still very low. There is still a strong case to argue that the demand is lagging.

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falcolas | karma 33589 | avg karma 3.15 · | 2022-12-31 09:21:44

Demand is not remaining constant. And it currently outstrips supply.

wheelie_boy | karma 701 | avg karma 6.49 · | 2020-03-05 16:43:43

That's just rationing, the same thing as 'commodity is affordable'.

Or maybe you're expecting it to not be a real shortage?

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nomel | karma 8158 | avg karma 2.06 · | 2022-10-26 20:26:56

That's the other extreme of the supply demand curve, where demand outstrips supply, prices go up. There were shortages industry wide.

kinkdr | karma 659 | avg karma 3.18 · | 2016-05-21 22:47:48+00:00

Do you mean that this is a classic case of supply and demand? I don't see a problem with this.

But I don't think this is what was mentioned in the article.

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vxNsr | karma 4947 | avg karma 1.9 · | 2022-07-25 09:53:29

I’ve heard many people repeat that summary, but as you appear to have first hand knowledge: what do you believe or know to be the reason for the shortage?