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Start with scarcity
Three people want one bottle of water. Their bids reveal demand.
Feel what happens when the number of money units grows faster than the goods people want to buy.
Three people want one bottle of water. Their bids reveal demand.
Everyone receives more dollars, but the number of bottles does not change.
People may hold more currency units while each unit buys less than before.
Everyone has more dollars, but there is still only one bottle of water.
Name one thing that costs more than it used to. Did income rise at the same speed?
Run a two-round auction. First with fixed money, then with more money and the same item. Debrief who benefited first.
Open Host modeKeep momentum. The app should always make the next step obvious.
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