DEMAND DESTRUCTION FAKERY
There is no such thing as demand destruction, it's a fantasy invented by bankers, who pretend to be experts on supply chains, while they have 0 clue about supply chains.
1/
There is no such thing as demand destruction, it's a fantasy invented by bankers, who pretend to be experts on supply chains, while they have 0 clue about supply chains.
1/
https://twitter.com/ektrit/status/1581645082951761920
What happens is that Suppliers have X cost.
In order to survive they must sell at a profit:
Profit = Revenue - Cost.
When Bankers say there is no demand, the suppliers say that they can't sell goods below cost.
2/
In order to survive they must sell at a profit:
Profit = Revenue - Cost.
When Bankers say there is no demand, the suppliers say that they can't sell goods below cost.
2/
20 years as Technical Sales Engineer I never ever experienced any demand destruction for our output and never heard anybody supplying goods and services saying there is no demand for goods and services.
3/
3/
If we decreased the price low enough, the demand would appear.
A Ferrari is sold at $100k. Few can afford it, it doesn't absolutely mean that there is no demand, it's simply not affordable for most people.
If Fiat sold Ferrari cars at $5k, millions of people would buy them.
4/
A Ferrari is sold at $100k. Few can afford it, it doesn't absolutely mean that there is no demand, it's simply not affordable for most people.
If Fiat sold Ferrari cars at $5k, millions of people would buy them.
4/
CONCLUSION:
There is no such thing as demand destruction, it's a fake narrative.
5/ end
#krisonomics
#SupplyChainWar
There is no such thing as demand destruction, it's a fake narrative.
5/ end
#krisonomics
#SupplyChainWar
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