the.com/glut
Too much of a good thing, until the good thing is worthless.
means A glut is an oversupply of something — so much of it that the abundance itself drives down its value or usefulness.
from From Middle English 'glutten,' to swallow greedily, which traces back through Old French to the Latin 'gluttire,' to gulp down — the same gulping root that gives us 'glutton' and 'deglutition' (the doctor's word for swallowing). The image is bodily and honest: a glut is the market having eaten far more than it can digest.
- market killer
- Surplus crashes prices faster than scarcity raises them
- old root
- From Latin gluttire, to swallow or gulp down
- oil's curse
- 1980s oil glut gutted prices for years
- information age
- Modern brains drown in a glut of data
- farmer's dread
- Bumper harvests can bankrupt the growers
for instance
us corn overproduction 2023 — us produced 13.9 billion bushels in 2023, exceeding demand and depressing prices
oil glut 2015-2016 — global oil prices crashed below $30/barrel due to us shale production and opec oversupply