alt Hacker News> Supply will eventually catch up even if it takes a few years.
I am wondering if this so true. What resources and time are needed to increase supply by N times to catch demand.
Replies
wmf • yesterday at 7:07 PM
Supply will catch up to demand when demand goes down.
littlestymaar • yesterday at 7:12 PM
Also supply will only increase if producers believe the current level of demand is going to be sustainable in the long term. Which I don't think anyone really believes.
The same way nobody wanted to invest in mask supply in the US or Western Europe during covid, because producers knew the demand spike wouldn't last and they'll be left with useless equipment to pay after the crisis passed.
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The resources are certainly there; the high prices are providing them. It's just a matter of time.