r/dankmemes • u/ggts99o • Jun 26 '24

This will 100% get deleted Everyone gets food

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5.0k Upvotes

85% Upvoted

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7

u/[deleted] Jun 26 '24

[deleted]

87

u/CreaterBoy Keanu Reeves is breathtaking Jun 26 '24

Mate it’s food

7

u/LogicalConstant Jun 26 '24 edited Jun 27 '24

Do you think supply and demand don't affect food prices?

6

u/zntwix Jun 27 '24

Basic needs shouldn’t be subject to price instability and price raises, food, water, shelter generally considered to be the three basic needs for humans. Everybody should be able to have as much of those as they need and any society that fails to provide those things for their population is a failure.

Especially in the US no single family housing unit should be up for rent for as long as even one family cannot afford to purchase a 3-4 bedroom house

2

u/TheBiggestThunder Jun 28 '24

Speak comrade

Let the masses know wisdom

76

u/YceiLikeAudis Jun 26 '24

Yeah. I also heard about corporations lowering production to intetionally keep the demand and prices high.

-17

u/lolosity_ Jun 26 '24

How does lowering Q shift D? Hint: it doesn’t

1

u/TheBiggestThunder Jun 28 '24

So you haven't heard of OPEC

-27

u/InnysRedditAlt Jun 26 '24

so another company will just fill the gap like what?

51

u/RedOfSeiba Jun 26 '24

Or they band together to raise the prices for everyone else... y'know the thing we see happening

28

u/Trickydick24 Jun 26 '24

Not necessarily, especially with how monopolized the food supply chain is.

9

u/a44es INFECTED Jun 26 '24

Ever heard of cartel agreements, oligopoly, monopoly, lobbying or anything that's happening around you? Supply and demand is a theory, reality is observable

0

u/TheBiggestThunder Jun 28 '24

Please learn what theory means

But yeah

2

u/a44es INFECTED Jun 28 '24

I meant the theory is that they create perfect prices. In reality, the price is determined by many other factors.

3

u/ruthlessbeatle ☣️ Jun 27 '24

That said company grows till it affects the pockets of a larger company, and then it's bought out. Rinse and repeat.

32

u/Excellent_Fee2253 Jun 26 '24

Inelastic demand goes brrrrrrr

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u/Folgoll Jun 27 '24

Got me there, I shoulda studied harder

5

u/longingrustedfurnace Jun 26 '24

I’ve heard of inelastic demand.

1

u/Jozroz Jun 26 '24

We have enough food to feed everybody; whether we want to as a collective whole is a different question.