HOW can this BE? HOW can we NOT BE extracting this?
Um, I'll try to explain it how I see it:
There's only 1000 lunchables at the whole school, and they aren't going to get any more. I have 300 lunchables in my locker. I can eat lunch every day, all year long. Billy has 150 lunchables, and everyone else at school has like 5 or 10 lunchables each.
If I eat from my own lunchables, then after 10 days, everyone will come looking for me to share my lunchables. Everyone except for Billy. Billy and me will be able to set the price of lunchables, get whatever we want from whoever we want--because they all need our lunchables.
What if I am the best businessman and sell all my lunchables so that now only Billy has a stockpile in his locker. Well now Billy decides who starves and what everyone has to pay to get a lunchable. At a certain point when supply is low, Billy might close up shop and keep all the remaining lunchables for himself. We all go hungry except Billy.
But what if I never touch my own lunchables? What if I buy my lunchables from Billy while they are plentiful and cheap? What happens if I run Billy out of stock? Well then I decide who goes hungry. Now I decide the price of lunchables. (Now my tanks have diesel and you're using horses and carts.)
It's all about the long game.
HOW can this BE? HOW can we NOT BE extracting this?
Um, I'll try to explain it how a school child could understand:
There's only 1000 lunchables at the whole school, and they aren't going to get any more. I have 300 lunchables in my locker. I can eat lunch every day, all year long. Billy has 150 lunchables, and everyone else at school has like 5 or 10 lunchables each.
If I eat from my own lunchables, then after 10 days, everyone will come looking for me to share my lunchables. Everyone except for Billy. Billy and me will be able to set the price of lunchables, get whatever we want from whoever we want--because they all need our lunchables.
What if I am the best businessman and sell all my lunchables so that now only Billy has a stockpile in his locker. Well now Billy decides who starves and what everyone has to pay to get a lunchable. At a certain point when supply is low, Billy might close up shop and keep all the remaining lunchables for himself. We all go hungry except Billy.
But what if I never touch my own lunchables? What if I buy my lunchables from Billy while they are plentiful and cheap? What happens if I run Billy out of stock? Well then I decide who goes hungry. Now I decide the price of lunchables. (Now my tanks have diesel and you're using horses and carts.)
It's all about the long game.