the.com/supply
the quiet half of an equation that bullies prices when it gets shy
means To provide or make available something that is wanted or needed; or, as a noun, the amount of a thing on hand to be had.
from From Latin 'supplere,' to fill up or complete — built from 'sub-' (up from below) and 'plere' (to fill), making it a cousin of 'plenty,' 'complete,' and 'replenish.' It reached English through Old French 'soupleer,' carrying that original sense of filling a gap. The economic meaning — stock available to a market — is a later, more commercial settling of the same idea: you supply by filling a need.
- old root
- From Latin supplere, to fill up or complete
- economic twin
- Useless without demand standing across the table
- curve shape
- Slopes upward; higher prices coax out more goods
- chain meaning
- One word now blamed for global shortages everywhere
- hidden verb
- Also means feeding soldiers, blood, and oxygen
opec — organization of petroleum exporting countries controlling 80% of world oil reserves
de beers — diamond monopoly controlling ~80% of global rough diamond supply until 2000s
texas oil boom — spindletop oil field discovery in 1901 transformed american energy supply