alt Hacker NewsIf you try to force production and sale hard enough, the sale price can even go negative.
If your warehouse is full of peaches nobody wants, you might be forced to sell them for negative dollars to take them away. It's either that, or you pay to have the waste management company dispose of them. So the price effectively goes negative from trying too hard to force something to happen.
Replies
p1necone • today at 3:43 AM
If you turn all them peaches into high proof alcohol they take up significantly less space...
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xnx • today at 4:51 AM
Super-contango
The price of oil going below zero during the pandemic was one of the most astounding economic events in my life. I wonder if anybody did try to instantly create some storage to take advantage of it.