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vault backup: 2024-06-10 20:23:54
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hpdobrica committed Jun 10, 2024
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8 changes: 7 additions & 1 deletion Book - Thinking in Systems.md
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- what if price is not constant?
- if demand stays even if price rises because of scarcity, it will mean more profits, more capital and more motivation for more costly resources to be extracted
- the capital rises higher before it collapses
- same would happen if prices don't go up but technology makes costs of extraction lower
- same would happen if prices don't go up but technology makes costs of extraction lower
- this happens when resources deplete locally, will the same thing happen globally?
- in these systems peak is always followed by crash, and that could happen to our economy if we don't focus on using renewable sources

renewable stick constrained by a renewable stick - a fishing economy

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