Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
Carlton P. Spackler III
on 20/03/2018, 22:18:29 UTC
Food. The more food available, the more populations grow -- increasing the demand for more food. Reflexive self-reinforcing nature. Is very big food amounts in the world?

If the world population is  7 billion, with each person eating 2 to 3 meals a day, totaling a max of 21 billion meals a day, what will happen if a food producer produces 21 trillion of meals a day? Yeah, sure. You can say the excess 20979 billion of meals be fed to both any pet dogs and stray dogs for free.

The thing is that why would such a food producer bring to market more than current demand? Wouldn't it make more sense to park the PP&E for future expansion and to meet expected future demand. One major difference here is that food is perishable and has a short shelf-life, whereas software is not, and has de minimus carrying costs in relatives terms -- so we got that going for us, which is nice (I think).