nogod_
Well-Known Member
if 5 million yuppies want an iphone and apple makes 2 million instead of 1 million, is the price going to drop?
Trees are an excellent comparison. The deforestation of the rain forest... does it affect lumber prices here in the US?
Like oil, trees are a finite commodity, when you make more available, the price of lumber goes down. You can argue how harmful it is, you can argue over the fact that we are burning through limited resources, but what you can't do is claim the supply doesn't have any effect on price as London tried to do.