Explained Using Minecraft
Region: JP
Wednesday 07 October 2026 01:31:17 GMT
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Mr.Joe :
isn't this supply and demand?
2026-10-07 02:32:29
2088
KusoNEET :
"Its not worth the trip" Brother, it was 10 before and you never say "Its not worth the trip".
2026-10-07 02:09:38
559
Keen :
Richard gotta die
2026-10-07 02:08:26
426
fuckoracle :
that's why the government should pay
2026-10-07 01:59:11
2396
Eddy9lives :
Why wasn’t it a thing after Covid 😂
2026-10-07 19:04:07
0
Boom624 :
if it was raw wood he could get it himself from the florest
2026-10-07 18:56:26
0
DnkSmash :
In real life Richard would’ve lured the creeper there and pay the economists and the mods to rule in his favor
2026-10-07 02:31:10
344
AE555 :
Or just replant the trees
2026-10-07 06:42:19
415
△◯□†h冧□◯△ :
I'd get the wood myself.
2026-10-07 03:19:58
10
fhd_fasla :
When it was 10 it was profitable but after people needing the wood it magically became unprofitable
2026-10-07 03:36:17
56
>:) :
In terms of economic efficiency, price gouging is the correct thing to do. The seller has a limited stock that is going to be sold out regardless of if there is or is not price gouging -> the seller gets the highest profit possible on that limited stock -> the seller uses those profits to source more stock. The issue, of course, is that poor people are disproportionately affected by price gouging, which sucks. An economically efficient middle ground would be for governments to subsidize sellers not to price gouge during states of emergency, so that the seller still receives the higher profit which allows them to source more stock, and the poor person is also able to try to buy stock fairly. This also would not be a significant burden for the government given that emergency situations are generally few and far between.
2026-10-07 03:38:41
16
🇱🇹🛰𝙻𝙸𝚃𝙷👻🛤™ :
it's called demand, people last In line would still be sleeping in rubble
2026-10-07 09:03:08
8
Ben_ Clarke :
Why is Paul always being targeted
2026-10-07 02:04:36
42
collin gumke :
Richard smart asf
2026-10-07 02:31:11
24
Carlz :
That's why we have insurance
2026-10-07 11:54:44
7
喇耳夫ｾﾝｾｲ :
THE ECONOMICS OF SUPPLY AND DEMAND maliciously explained through Minecraft
2026-10-07 04:32:06
9
PommeFrite ♂️ :
fun fact Richard gets wood for 2emerald and doesn't chop it him self he just cash in the money
2026-10-07 11:50:12
5
user822143951295 :
yeah it is funny those economists always look at big numbers but not actual people living in the system that they are simulating. according to the economists tax cuts on businesses would increase jobs and pay while the opposite happened
2026-10-07 05:26:16
12
thehonoredone770 :
Richard always messing up
2026-10-07 01:42:23
33
هامستر طفشان :
only allow a small diffrence to cover rush fee like 20% maximum
2026-10-07 06:46:58
8
Tesok1116 :
Or just go and chop trees
2026-10-07 07:37:01
3
Dev_fathalfalah7f :
if everyone wants it, then it becomes more valuable
2026-10-07 07:00:55
4
alefan0409 ☭⃠ :
So basically supply and demand?
2026-10-07 14:33:12
0
the Australian left populist :
he would have to go to the Forrest to sell for ten emeralds anyway stocks as in items aren't dormant also the 1 out of 12 economist is extremely misleading because most anti price gouging laws in capitalist countries are horrible and just in efficient because they don't actually want to hurt the businesses so all they do is just hurt the economy in conclusion this vid is just extremely misleading
2026-10-07 09:21:55
0
LehrerT :
Could you explain racketeering?
2026-10-07 16:43:29
2
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