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Topic: Risk of Scarcity. (Read 541 times)

sr. member
Activity: 1050
Merit: 286
June 25, 2021, 12:28:02 PM
#51
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
Time will soon come wherein famine and war over natural resources would take place as each and everyone of us abuse the gift of God that was supposed to suffice our daily needs. People are overcome with greed and too much enjoyment that they end up not noticing what is really happening in their surroundings. If no one would make an act on how we can atleast delay the incoming worst crisis the world will ever face, we should expect that it would happen already sooner or later. Before it is too late, start preparing already and make sure you can secure goods for your family up until the future.
full member
Activity: 1946
Merit: 112
June 21, 2021, 05:57:17 AM
#50
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

I believe that the big deficit at the moment is money. Due to the fact that you have listed above, the money that is now in circulation and which some countries print so diligently is very much lacking. But also this problem cannot be solved by printing new money, which means that the financial system will face a global reboot. Against this background, deficits are created in other sectors, which significantly affects the development of economies in the world. If this problem is not resolved soon, then the deficit will only grow and there will be more problems in the world, which will lead to the collapse of the financial system and economies of the world.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
June 21, 2021, 03:24:57 AM
#49
When scarcity occurs, there's the time where inflation will surely join it and make people suffer.

That's the reason why some people are still taking advantage of bitcoin because it also scarce for a matter of time and its price will surely increase.

Learn to invest so that you can somehow afford something that you need because if you invest, you can fight inflation instead of saving.
full member
Activity: 896
Merit: 108
June 20, 2021, 06:38:29 PM
#48
Currently the economy of a country is in a bad state due to obstruction of various activities due to Covid-19, as well as high levels of robbery and violence due to limited economic needs.
Currently we can invite our family and friends to do activities that make money through the internet, one of which is investing in cryptocurrency or becoming a YouTuber content creator, so that we can fulfill a little of life's needs during the Covid-19 pandemic.
I hope that this pandemic will end soon, so that we can return to normal activities. there are many lessons that we can take from this pandemic, first we must have a side job that can support the main job, because most of the offline jobs have experienced a massive decline. second, we must be able to adapt to technological developments in order to maximize it in getting profit.
use the best possible capabilities and combine it with the online system. one that is quite potential is indeed from cryptocurrency, there are many jobs to choose from according to your abilities, for example web developer, designer, writer, etc.
sr. member
Activity: 1316
Merit: 254
United Crowd
June 17, 2021, 02:00:17 PM
#47
if the condition of scarcity continues to occur and repeats, in every situation of scarcity, then the person who will benefit the most is he who has it.  here whether the person who has something will voluntarily share it with those around him who do not have it.  actually the current condition we tend to share less with others.  So there is social inequality.
legendary
Activity: 2660
Merit: 1074
June 16, 2021, 02:23:15 PM
#46
If people in Africa are dying because of lack of water, that is not because we do not have enough resources for it, that is because we do not care about it, I can guarantee you that with enough resources put into it, all of Africa could be a place filled with drinkable waters, farms, trees, everything, all you need is spend manhours resources on it, but we fail to do that because it is not "profitable for the economy".

Or we can just build lambo for every single person in the world, we do have the resources for it, or a Tesla or whatever car we want, it is possible we can do that like in 10 years, for free, you do not have to spend money on it, just do it, why put money in between? Food, shelter, water, games, cars, clothes, EVERYTHING can be free, but people will not be richer than each other, everyone will own everything, that is why we are not doing it.
Unfortunately that is not possible because human nature requires being better than someone else, that is the type of situation humans have because without having any type of feeling of being better then people can't "compare" how good they are doing.

It is not enough that you have a lambo, it is not the lambo that is good, it needs to be that others can't get a lambo, otherwise believe me lambo is a much much worse car than most other regular size cars, I can get a car for 10k that is much more comfortable than lambo, only reason why anyone gets it is the fact that they know they are one of the few that can do it, when you do not need to showboat and you KNOW you are richer, you do not get it, does warren buffet have one? mark zuckerberg? jeff bezos? None of these guys have anything like that because they know they are richer, it is that feeling of being richer, if we are all rich and we are all happy, then we are all sad and none of us would feel rich.
sr. member
Activity: 1694
Merit: 299
June 16, 2021, 07:55:35 AM
#45
Although scarcity is a basic problem, sometimes scarcity is needed because it has an important role in the economy. It is undeniable that scarcity is one of the most significant factors in influencing supply and demand. In the economy, the scarcity of goods plays a significant role in influencing market competition on any price base.

Rare goods are generally subject to greater demand, so they have the 'power' to play the price of goods higher. This is why rare items tend to be priced at a higher price than similar items with more or even abundant stock.
Maybe that should not be a problem at all, maybe we should figure out a way where resources are never a problem ever again? I mean what is "economy" that keeps us from having things that we want or need?

If people in Africa are dying because of lack of water, that is not because we do not have enough resources for it, that is because we do not care about it, I can guarantee you that with enough resources put into it, all of Africa could be a place filled with drinkable waters, farms, trees, everything, all you need is spend manhours resources on it, but we fail to do that because it is not "profitable for the economy".

Or we can just build lambo for every single person in the world, we do have the resources for it, or a Tesla or whatever car we want, it is possible we can do that like in 10 years, for free, you do not have to spend money on it, just do it, why put money in between? Food, shelter, water, games, cars, clothes, EVERYTHING can be free, but people will not be richer than each other, everyone will own everything, that is why we are not doing it.
sr. member
Activity: 938
Merit: 250
June 15, 2021, 06:07:29 AM
#44
     Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.

those who don't care will look to their own future, while those in need will feel confused all day. help does not guarantee complete survival, and the person who helps may not always be able to help. a sense of solidarity is needed to help people, at least to relieve them until we get through the tough times of the pandemic.
full member
Activity: 616
Merit: 100
gik nyareh proyek seteppak pas sepak
June 14, 2021, 05:27:23 PM
#43
Inflation that occurs either in the community or the country itself and the economic growth of the community is an important line for the country's economic growth and development, one of which is employment, so that welfare can be obtained by the community.
sr. member
Activity: 1092
Merit: 256
June 14, 2021, 04:06:09 PM
#42
Although scarcity is a basic problem, sometimes scarcity is needed because it has an important role in the economy. It is undeniable that scarcity is one of the most significant factors in influencing supply and demand. In the economy, the scarcity of goods plays a significant role in influencing market competition on any price base.

Rare goods are generally subject to greater demand, so they have the 'power' to play the price of goods higher. This is why rare items tend to be priced at a higher price than similar items with more or even abundant stock.
full member
Activity: 560
Merit: 105
May 30, 2021, 01:02:54 PM
#41
Currently the economy of a country is in a bad state due to obstruction of various activities due to Covid-19, as well as high levels of robbery and violence due to limited economic needs.
Currently we can invite our family and friends to do activities that make money through the internet, one of which is investing in cryptocurrency or becoming a YouTuber content creator, so that we can fulfill a little of life's needs during the Covid-19 pandemic.
legendary
Activity: 2534
Merit: 1338
May 30, 2021, 11:23:46 AM
#40
Well, one thing is clear.... there is definitely not a scarcity of fiat currencies to be utilized to subsidize and fund these problems with Tax money. The government printing machines are printing non-stop and the printers are not running out of ink. The tax payers are feeding a social grant system, where the unemployed people are increasing and this is causing a bigger burden on the tax paying public.  Sad

Now, this is causing an interesting ripple affect ..because the bigger the social dependencies, the more pressure are placed on the tax payers and when the pressure increase too much on the tax payer, then more people are pushed into poverty. (The Super rich are then over taxed and they (and their businesses) then relocate to countries where there are lower taxes.. causing more unemployment)  Angry
It is funny how when it comes to most goods and services scarcity is not good but when it comes to money the reverse is not true, printing money without any control was one of the most important reasons behind the crisis we saw in 2007 and it is going to be the most important reason for the economic crisis that is coming next, and the worst part is that governments are going to try to solve it in the only way they know how, by printing even more money.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
May 28, 2021, 01:52:01 AM
#39
Well, one thing is clear.... there is definitely not a scarcity of fiat currencies to be utilized to subsidize and fund these problems with Tax money. The government printing machines are printing non-stop and the printers are not running out of ink. The tax payers are feeding a social grant system, where the unemployed people are increasing and this is causing a bigger burden on the tax paying public.  Sad

Now, this is causing an interesting ripple affect ..because the bigger the social dependencies, the more pressure are placed on the tax payers and when the pressure increase too much on the tax payer, then more people are pushed into poverty. (The Super rich are then over taxed and they (and their businesses) then relocate to countries where there are lower taxes.. causing more unemployment)  Angry
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
May 28, 2021, 01:39:47 AM
#38
I think it would depend on the place where there is scarcity. Most of the rich countries have probably enough resources for everyone. It's just that the distribution of it seems to be the "scarcity" part in every one. I think those who have nothing continue to have nothing because they don't have access to it. And when they do have it, it's somewhat put to waste because it just came without cost to them, and they tend to waste it.

Services would be a different thing altogether. I think there's no scarcity in that but only the effort towards the operators.
member
Activity: 1120
Merit: 68
May 28, 2021, 01:29:44 AM
#37
Yes  we worried about the scarcity that happen in our own country even we have a different status of economy but some people say that .the status are stable and normal but they really don't know the truth behind a lot of people ang suffer.
The reason that there is a scarcity is either they don't develop the production of raw materials or they didn't have a good management of supply and storage. Another problem is the conservation that is always set aside until it is too late. Of course people that are doing well are going to say that they are doing well because they didn't experience what is happening to other people or they are really ignorant.
full member
Activity: 812
Merit: 100
www.cd3d.app
May 27, 2021, 10:42:51 PM
#36
Sustainability has been a very long-running issue for us ever since the introduction of civilization. People will hoard more than they can take and leave the penniless suffering. We can see this happening right now, and most likely in the following months as the pandemic carries on. Hopefully we find a way around this somehow because if not, we'll literally die of starvation.
This happened everywhere during pandemic times. People were trying to store more consumables and groceries and some were even trying to store daily needs items. Once the rich start holding these items in bulk it creates a problem for the poor because they neither have the money to bulk up and store themselves to match them nor do they have the money to buy them at above normal prices.

I think there is enough for everyone to survive in almost every country but the problem starts when one's want occupies the need of 10 and there starts the conflict of scarcity. If only a better culture was built, I think the world would be in a better place.
The issue is that this is something impossible to avoid, the economy is based on the concept of the free markets which means that as long as you have the money you can buy whatever you want and the rich are always going to have an advantage over everyone else because of their superior ability to buy whatever they want, most of the time the wants of the rich and the poor do not coincide as the rich spend their money in high status items but in the case of a crisis everyone wants the same causing scarcity in the process.
indeed it is very beneficial to be someone who has financial freedom, as if they can do whatever they want. they can even turn the wheels of the economy, if done continuously I think there will be a symbiosis of mutualism, but if not, then as said before, scarcity can happen, and bad things seem to be a matter of time.
legendary
Activity: 2534
Merit: 1338
May 27, 2021, 11:34:37 AM
#35
Sustainability has been a very long-running issue for us ever since the introduction of civilization. People will hoard more than they can take and leave the penniless suffering. We can see this happening right now, and most likely in the following months as the pandemic carries on. Hopefully we find a way around this somehow because if not, we'll literally die of starvation.
This happened everywhere during pandemic times. People were trying to store more consumables and groceries and some were even trying to store daily needs items. Once the rich start holding these items in bulk it creates a problem for the poor because they neither have the money to bulk up and store themselves to match them nor do they have the money to buy them at above normal prices.

I think there is enough for everyone to survive in almost every country but the problem starts when one's want occupies the need of 10 and there starts the conflict of scarcity. If only a better culture was built, I think the world would be in a better place.
The issue is that this is something impossible to avoid, the economy is based on the concept of the free markets which means that as long as you have the money you can buy whatever you want and the rich are always going to have an advantage over everyone else because of their superior ability to buy whatever they want, most of the time the wants of the rich and the poor do not coincide as the rich spend their money in high status items but in the case of a crisis everyone wants the same causing scarcity in the process.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
May 26, 2021, 07:48:35 AM
#34
Pandemics do not always bring every individual to negative things, with the current pandemic many people spontaneously think of doing something that leads to success.

If you rely on every gift from the government and do not want to rack your brain to do something, you will definitely experience bad things in life, especially the economy, me, see many people currently doing something that gives them good results and success.
You are what is horrible with this world. If we got rid of every single person like you then the world would reach to a place where we have seen in the cartoons where everything is perfect, the only thing that is staying between the world where everyone is super happy and the current world is the people like you.

How dare you to say people are not working, how dare you to say that people should just switch jobs and business and do something else, will you not need those services tomorrow if you need to? Don't you need people in grocery stores? Don't you need car mechanics? All the jobs in the entire world is needed right now and those people were doing bad and they MUST BE helped because they are helping the world go around, remove one whole job and you are not going to have those people helping the world anymore and it will suck.

We need those people to work and we need to help them financially so that they could keep working. How can someone say that people DESERVE TO STARVE AN DDIE when they are not doing a job that profits them. You are a horrible human, I hope you get better.
member
Activity: 69
Merit: 12
May 25, 2021, 11:48:04 PM
#33
i'm more worried about the scarcity of basic commodities because it will affect the survival of the wider community
we hope that the owners of power don't act arbitrarily

Yes  we worried about the scarcity that happen in our own country even we have a different status of economy but some people say that .the status are stable and normal but they really don't know the truth behind a lot of people ang suffer.
hero member
Activity: 2688
Merit: 588
May 25, 2021, 11:00:08 AM
#32
Sustainability has been a very long-running issue for us ever since the introduction of civilization. People will hoard more than they can take and leave the penniless suffering. We can see this happening right now, and most likely in the following months as the pandemic carries on. Hopefully we find a way around this somehow because if not, we'll literally die of starvation.
This happened everywhere during pandemic times. People were trying to store more consumables and groceries and some were even trying to store daily needs items. Once the rich start holding these items in bulk it creates a problem for the poor because they neither have the money to bulk up and store themselves to match them nor do they have the money to buy them at above normal prices.

I think there is enough for everyone to survive in almost every country but the problem starts when one's want occupies the need of 10 and there starts the conflict of scarcity. If only a better culture was built, I think the world would be in a better place.
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