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This must be a parody account or something. I can't imagine anyone dumb enough to actually believe farmers will produce milk to rot ad infinitum without it ever being purchased. They couldn't maintain production level without consumption even if they wanted to.
you talk about it as though there are only two people, and each only needs to make one decision: the farmer whether to produce, and a milk drinker whether to buy it. there are dozens of actors and factors.
If people stopped buying milk at current levels, then it would not be produced at current levels. The dozens of actors and factors would all be a part of that decrease. The market would shrink, not dissappear necessarily.
If people stopped buying milk at current levels, then it would not be produced at current levels.
how can we test this?
Every decreased market that ever existed should be sufficient. Fondue pots and miter boxes should get you there.
what caused any of those declines? could those events happen in the milk market? were any of those markets as ancient as milk? how else might they differ?
The events were that demand decreased. Yes, demand could decrease in the milk market. Whether or not it will is a separate question. They are different in that the market decreased in the former and not the latter.
demand decreased
how do you suppose we could decrease demand? do you have some method to accomplish this?
edit:what is the metric by which you gauge demand? price? volume sold? volume produced? futures markets? I just don't think this is a well formulated test. but if you come up with one, please let me know.
None of this requires your approval, and the world will keep turning regardless of your ignorance.
that's not a test. it's a survey. I'm looking for a test for your theory. I think it is undisprovable.
all the people involved in those markets were making decisions distinct from the people making decisions in the milk market. I dont think we can find anything so conclusive.
We can. There's no way a commodity will be produced at scale without a market for it. It happens all the time. This is some high in a dorm level cope.
if it's so certain then there must be some way to prove it. you haven't provided any test.
Here's the test, everyone stops buying milk. Go.
do you have a plan to make that happen?
Dosen't matter if it happens or not. It's it's not required to prove the case because of the overwhelming evidence in every other market where it has. The idea that something will be produced at a loss forever just because you can't accept that it won't is troll-level ludicrous. So, hats of to you for that bait, I guess.
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