alt Hacker News> But here's a CEO saying he's going to make sure prices stay high enough, long enough that you can spin up a competitor
Where does he say he's going to make sure prices stay high?
Replies
rickdeckard • today at 3:51 PM
"We will produce as many Oreo's as we can, but soon Oreo supply will be much tighter than ever before"
- Oreo CEO, suggesting you to buy every Oreo you can get
zehaeva • today at 3:14 PM
Not to be snarky, but the CEO is saying that the supply will be tight for years. I know Econ 101 is over simplified but I do recall that when you reduce supply and demand stays constant, or increases, the price goes up.
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Micron is a trillion dollar company. The CEO would never say something like that directly. He's talking in the "business dialect" of English and you have to read between the lines a bit.