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Nassim Taleb: Could Ozempic cause a deflation in the price of food?

Posted on 10/6/23 at 2:11 pm
Posted by Big_Sur
Member since Nov 2012
1115 posts
Posted on 10/6/23 at 2:11 pm
Another potential side effect of Ozempic and similar drugs could further reduce the price of chicken wings. Amazing!



https://nypost.com/2023/10/05/walmart-says-ozempic-craze-slims-demand-in-grocery-aisles/

https://twitter.com/nntaleb/status/1710307490292736471


Did you know...15% of Americans surveyed have personally used Ozempic for weight loss, while 47% know someone who has. https://www.tebra.com/theintake/medical-deep-dives/tips-and-trends/research-searching-for-ozempic
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
4307 posts
Posted on 10/6/23 at 2:11 pm to
LOL no, companies will keep their profit margins and charge more.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65538 posts
Posted on 10/6/23 at 2:12 pm to
Ozempic should sponsor the Olympics.
Posted by Powerman
Member since Jan 2004
162209 posts
Posted on 10/6/23 at 2:13 pm to
quote:

Did you know...15% of Americans surveyed have personally used Ozempic for weight loss

Had no idea the usage was that prevalent
Posted by nerd guy
Grapevine
Member since Dec 2008
12702 posts
Posted on 10/6/23 at 2:13 pm to
After all these Ozempic users start dying from upset tummies and clogged poopers prices will go down. Duh.
Posted by POTUS2024
Member since Nov 2022
10944 posts
Posted on 10/6/23 at 2:15 pm to
quote:

Did you know...15% of Americans surveyed


Who did they survey?
Posted by horsesandbulls
Destin, FL
Member since Jun 2008
4868 posts
Posted on 10/6/23 at 2:16 pm to
What was sample size?
Posted by Indefatigable
Member since Jan 2019
26079 posts
Posted on 10/6/23 at 2:17 pm to
quote:

Had no idea the usage was that prevalent

Total lack of self-discipline is very prevalent indeed. Almost no one on these medications actually *need* it. They just have no will power.
Posted by PrecedentedTimes
Member since Dec 2020
3113 posts
Posted on 10/6/23 at 2:33 pm to
This should be required for food stamps recipients
Posted by CAD703X
Liberty Island
Member since Jul 2008
77952 posts
Posted on 10/6/23 at 2:35 pm to
quote:

Nassim Taleb: Could Ozempic cause a deflation in the price of food?
Another potential side effect of Ozempic and similar drugs could further reduce the price of chicken wings. Amazing!



no, no i don't believe it will.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51489 posts
Posted on 10/6/23 at 2:36 pm to
quote:

What was sample size?




"Hoveround".
Posted by CAD703X
Liberty Island
Member since Jul 2008
77952 posts
Posted on 10/6/23 at 2:36 pm to
quote:

Had no idea the usage was that prevalent
$1,600/mo; drug companies staaaaaaaaaaaaaaacked
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89486 posts
Posted on 10/6/23 at 2:41 pm to
quote:

What was sample size?


Apparently, a big ole sample.
Posted by notiger1997
Metairie
Member since May 2009
58108 posts
Posted on 10/6/23 at 2:43 pm to
quote:

15% of Americans surveyed have personally used Ozempic for weight loss


LOL
Posted by MrJimBeam
Member since Apr 2009
12269 posts
Posted on 10/6/23 at 2:44 pm to
quote:

Ozempic should sponsor the Olympics.



The Ozympics
Posted by SpidermanTUba
my house
Member since May 2004
36128 posts
Posted on 10/6/23 at 3:21 pm to
quote:

Almost no one on these medications actually *need* it. They just have no will power.


Sounds like some puritanical bullshxt to me.
Posted by Penrod
Member since Jan 2011
39123 posts
Posted on 10/6/23 at 3:38 pm to
quote:

LOL no, companies will keep their profit margins and charge more.

You are an economics illiterate.

Companies don’t get to pick their profit margin, unless maybe they are government contractors bribing the politicians.
Posted by Wasp
Off Highland rd.
Member since Sep 2012
1483 posts
Posted on 10/6/23 at 3:45 pm to
Hell, most of the women in my office are on it and have talked openly about it.
Posted by Indefatigable
Member since Jan 2019
26079 posts
Posted on 10/6/23 at 6:22 pm to
quote:

Sounds like some puritanical bullshxt to me.

You could just not eat total garbage for every meal. Very, very few people truly cannot maintain a reasonably healthy weight with a decent diet and even a half-arse attempt at an active lifestyle.
Posted by StTiger
Baton Rouge
Member since Nov 2008
2934 posts
Posted on 10/6/23 at 6:32 pm to
quote:

Companies don’t get to pick their profit margin, unless maybe they are government contractors bribing the politicians.


Pharmacuticals sure as frick do

Also, setting a price is picking a profit margin, just the market will then decide it it is worth it

Go to costplusdrugs and look at the difference for Viagra
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