• Blibittyblah@futurology.today
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      1 day ago

      Why? When they can just hold firm and know you’ll pay it. That’s what every business does these days. Very little is true supply and demand.

        • Blibittyblah@futurology.today
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          7 hours ago

          Value is just a number. A number that doesn’t have the ability to close the doors to a company. They will take out millions in loans, pay themselves a healthy bonus, and continue as usual.

          An American citizen can survive for years on credit alone if they are careful. Imagine that’s measured in decades for some “too big to fail” American businesses.

          • SpaghettiMaster@feddit.uk
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            6 hours ago

            I meant physical stock rather than stock market. If you could sell a graphics card today for £1k but it looks like if you wait it will be worth less then you will want to try and sell it before it drops.

            Plus over time newer hardware comes out which is faster and then your existing stock becomes worth less due to having to compete with the new stuff. You bought all this stock and you want to make a profit or keep losses down.