Japanese queue for hours as rice shortage deepens
scarabic @ scarabic @lemmy.world Posts 9Comments 2,751Joined 2 yr. ago
scarabic @ scarabic @lemmy.world
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But isn’t this just the definition of a shortage? The thing becomes scarce and so what IS available becomes incredibly expensive? I don’t see the differentiation you are trying to make. Wild price inflation happens when there is in fact not enough of the thing to go around.