Buying is like voting
When someone has money and wants to buy something, that is a demand signal. Businesses meet this signal with supply. Basically, buying is like voting.
We vote on what we want using money as our ballots, and we do this over and over and over again, every day. Now imagine someone has no money in a system built around markets. How do they vote? They can’t. The market thus confuses this lack of a vote as a “no” vote. This means markets containing people who don’t have enough money to signal their demand can’t function properly.
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