A little riff on “Supply and Demand”
Friday, June 20th, 2008Here’s an interesting fact for you: the purpose of gasoline rationing during the Second World War was not to conserve gas, but to conserve TIRES. The primary source for natural rubber at the time was Southeast Asia, much of which was under Japanese control.
“So?”
So…if supply is scarce and you can’t control production…then the only alternative […]
