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Cake day: June 29th, 2023

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  • Yet. Infrastructure on this scale moves slowly and the transparentness of pricing changes on short time lines in physical stores is hard to track. It exists in emergency economies - we call it price gouging - but that’s usually quite obvious. The idea of dynamic pricing has existed forever - hotels, airline flights, movie tickets, taxi rides, even electric rates. As technology advances it offers the opportunity to use the technology to shorten the time window for pricing changes more and more. An extra two tenths of a percent profit seems like a trivial amount. Amazon and Walmart combined for more than a trillion dollars in sales last year. 0.2% is a very non-trivial $2 Billion. If it becomes available, it will be exploited.













  • Picking a fight with a superpower is generally a poor idea. Killing military members - even in Jordan - might be considered a bit beyond mere commerce.

    Edit: I did misremember the attackers in Jordan and thought that was part of the Houthi organization. The Houthi’s are attacking US warship(s) in the area, but haven’t directly killed an US service members that we know of/yet. The Jordan attack was (now that I’ve checked again) by one of the groups operating under the Islamic Resistance in Iraq.

    My only defense here is that all of these attacks on US and UK vessels (merchant and military) are in retribution for the US support of Israel. And, yes, there are a lot of groups backed by Iran and Iraq who are using the Israel-Hamas/Israel destruction of Gaza as an excuse to lash out at Western powers who (generally) provide support to Israel. My apologies for the error.