Comment by motbus3
9 hours ago
I believe superficially speaking you could be right. But I think it was realised that causing the scarcity of products and commodities is a power move.
We live in world where we optimised for globalization. Industry in china, oil in middle east, etc...
This approach proved to be fragile on the hands of people with money and/or power enough to tilt the scale
It's not a power move, it's a cartel and they've done this before. Gamers Nexus did a fantastic piece on how where we're at today is very similar to the DRAM price fixing and market manipulation just a couple decades ago [0]. This is the big players taking full advantage of an opportunity for profit.
[0] https://youtu.be/jVzeHTlWIDY?si=cRJ6C7jPxLIpKTyF