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Comment by whimsicalism

15 hours ago

This is what I mean about not understanding the second order transitive labor that goes into fulfilling people's wants.

Making supply chain routing software cheaper, improving it for less money → all of these things directly make the products in grocery stores cheaper.

"Further financializing food production seems like a bad thing." →

Why assume rather than approaching with curiosity? Commodity futures are, again, critical to global supply chains and food markets. Farmers in eastern Europe actually look at futures markets to determine when and if to plant their harvest, cargo ships that transport your food buy futures in oil & gas so that they can have stable fuel costs to provide you with your food, etc. etc. Speculating on the future gives rise to the corrections necessary for providing things that people want in the future.