00:00Patek Philippe restricts total annual watch production to under 70,000 timepieces right now.
00:06Billionaires face multi-decade wait lists just for a chance to buy a single steel sports watch.
00:13Common Sense says factories should simply hire more workers to cash in on massive demand.
00:19Master watchmakers spend years hand-polishing tiny gears that human eyes can barely see.
00:26This extreme artificial scarcity guarantees that Patek Philippe restricts total annual watch production to under 70,000 timepieces right now.
