Post
Topic
Board Economics
Re: #1 economy problem
by
dumpsterhawk
on 12/08/2025, 20:39:16 UTC
Ever thought about what is the #1 problem all countries face? I searched and multiple sources said that an economy's number one problem is scarcity. There is an unlimited demand from humans but there are only limited resources. It becomes now a problem when the government has to answer these questions:

1. What to produce?
2. How to produce?
3. Whom to distribute the product?

With limited resources, the government has to decide on the most profitable product to make. They have to find a way where they minimize the costs but maximize the profit. But then they have to ask themselves who should benefit from the end product? Some government decide based on wealth. If you are rich, you get the best products or services. Some governments distribute it equally or based on needs but this usually happens in totalitarian authorities. Some governments mix it up and give some to those in need but also to those who pay taxes the highest.

There is a lot of reasons why this problem can't be solved for good. One is that there will always be needs from people. The population keeps growing and growing. The resources keeps on dwindling down. Not to mention corruption. Will there be a time where we would all have to literally fight for resources?
We live in a very connected world. The best and cheapest thing to do now is to provide quality services. Massively educating the population towards expertise in all kinds of computer fields. This does not require much investment compared to say some big manufacturing. It takes good education and time.

In other words, the main problem of economy is the fact there is a minor group on the top of the pyramid which take advantage of the rest of society in order to maintain their status and benefits along several generations.

Things are constantly getting more difficult for the average citizen, because they have to pay the price for the tier 1 group, which can never face the same challenges and difficulties of everyone else.

Money and influence move socities, so the ones at the top use those two main factors on their own favour to manipulate society's dynamics.

After all, what really matter for me is that it's not going to change anytime soon, and the only thing I can do is to find gaps on this wicked system in order to try improving my life standards at least a little bit.

Bitcoin was one of those gaps years ago, and just like BTC, there must be others hidden around. We just need to be attentive and intuitive to find them on the right timing.
A lot of the population is not really trying to improve their position, while at the same time blaming those at the top and other things for their situation. Sure things are not that great, but who is preventing you from becoming an expert in any top paid field? Nobody besides yourself. In some fields you require money for formal education, but for many IT things all you need is an internet connection and discipline. The internet connection is widely available, the discipline is the problem.