alt Hacker NewsA state of "excess production" can only be determined long after production parameters have already been committed to. Yields, logistics costs, and market capacity aren't knowable ahead of time.
A state of "excess production" can only be determined long after production parameters have already been committed to. Yields, logistics costs, and market capacity aren't knowable ahead of time.
sure, but the market consequence to overproduction is that the price goes down. if you are not allowed to destroy products just to keep the price up then you will self correct in time.