>>512554568
>me illustrate:
Ok, this should be good.
>More mines/others selling uranium for less = more pressure on the supplier to sell more for less to the point it's not profitable
Nigger, you think imported goods are cheaper because of oversupply?
You fucking moron.
No.
My sweet, sweet summer child.
They're cheaper because:
1. Your currency is getting debased by perpetually geometrically expanding supply at home. Which capitalism requires for financial profitability of its for-financial-profit-operated-economy economic model.
2. Other countries demanding payment for their net exports in your currency creates artificial demand for your country which would otherwise need to come from your own exports. This means that your imports are subsidized.
3. Smarter countries than the jewnited states of fucking golemica are intentionally keeping their currencies cheaper than the USD on the international markets so that their exports are more price competitive than the domestic production of net-importing countries. Which have implicitly tacitly agreed to deindustrialise, explode their private and public debt and take on the task of creating the monetary units required to make mathematically possible the financial profitability of the real economies of the net exporting countries.
I know this is a bit much for you to take in or even begin to wrap your mind around.
>Also, more wealth
Finish the sentence.
>Aka people having more money, leads to the market reacting accordingly, more money (supply)
Oh my. He thinks that money, which is claims on wealth, is supply. When, in actual fact, the stuff to spend money on is the wealth and the supply.
Complete inversion of reality.
>outpaces demand (sellers)
He thinks sellers are the demand.
>who keep raising their prices to stay competitive.
Raising prices keeps you competitive, LMFAO.
>ergo the value of chickens is chicken shit.
He thinks (mostly fictional) fiat currency is chickens. That's why eggs were becoming a luxury, lel.