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Democrats! Sell me on Harris!
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08-18-2024, 10:57 AM
(This post was last modified: 08-18-2024, 02:43 PM by Jagwired. Edited 2 times in total.)
(08-18-2024, 10:29 AM)StroudCrowd1 Wrote: Her being a drunk explains a lotI believe her to be drunker than Cooter Brown in this video. Kamalush. .."who understands the power of diplomacy and understands the strength that rests in understanding the significants of diplomacy and strengthening alliances".... ![]()
Looking to troll? Don't bother, we supply our own.
(08-18-2024, 10:05 AM)HURRICANE!!! Wrote:(08-17-2024, 01:37 PM)flsprtsgod Wrote: Would a doubling of the price of toilet paper in March 2020 have been a net positive or negative? And that's what you don't get about economics, prices control scarcity and supply. Since the prices DIDN'T double (or more) half the people who would've bought some at that price couldn't find any to buy and we had severe shortages. Meanwhile, people like my mother-in-law had 30 cases of TP in her garage for two people. That's the function of price increases, to passively prevent hoarding. The same can be said of generators after a hurricane. My uncle in South Carolina owns three box trucks that he used to bring supplies to my family in SW Florida after Ft Myers got wiped out. "Price gouging" laws made it unprofitable for him to load up 300 generators and bring them in to sell. So instead of having those generators available for people to buy at a higher price they had none to buy at all. Because higher prices also incentivize people to bring supply to the market. Artificial interference in these mechanisms simply make people unaffected by the supply problems able to puff their chests and virtual signal about how the fight "profits." “An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato
Most people on this board are using economic models that are not used by modern economic strategist. We are almost exclusively using MMT, and supply-side economics just doesn't fit that system. In addition to MMT, businesses are using a demand driven model, one in which they don't meet demand, but, rather, create demand. Our economy is [BLEEP].
08-18-2024, 03:26 PM
(This post was last modified: 08-18-2024, 03:37 PM by mikesez. Edited 2 times in total.)
(08-18-2024, 01:19 PM)Lucky2Last Wrote: Most people on this board are using economic models that are not used by modern economic strategist. We are almost exclusively using MMT, and supply-side economics just doesn't fit that system. In addition to MMT, businesses are using a demand driven model, one in which they don't meet demand, but, rather, create demand. Our economy is [BLEEP]. MMT is a macroeconomic theory or model. The discussion of individual business behavior and price gouging law is a microeconomic question. I think MMT as a theory may prove to be true for large economies that have their own currency, however, neither party in the US is ready to behave as if it's true and the voters aren't ready either. MMT theory says that inflation rates in the 2 to 5% range are acceptable, and if they get higher than that, the best thing to do to slow it down is raise taxes, not increase interest rates. No one's going to vote for that anytime soon! The other half of what you said is true though, most large businesses that you've heard of think of themselves as creating their own demand. Moving price to respond to changes in demand is considered an admission of failure in most C-suites, it seems.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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(08-18-2024, 03:26 PM)mikesez Wrote:(08-18-2024, 01:19 PM)Lucky2Last Wrote: Most people on this board are using economic models that are not used by modern economic strategist. We are almost exclusively using MMT, and supply-side economics just doesn't fit that system. In addition to MMT, businesses are using a demand driven model, one in which they don't meet demand, but, rather, create demand. Our economy is [BLEEP]. I don't know enough about the economy to get into the weeds on it. My point is that businesses are operating on a demand-side economic model that is propped up and supported by the government, because advisors are increasingly buying into MMT. That should be fairly straight forward. Good to know you've at least googled the topic, because the last time we spoke in person, you didn't know anything about it.
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08-18-2024, 07:00 PM
(This post was last modified: 08-18-2024, 07:01 PM by HURRICANE!!!. Edited 1 time in total.)
(08-18-2024, 01:15 PM)flsprtsgod Wrote:(08-18-2024, 10:05 AM)HURRICANE!!! Wrote: Re: Doubling the price of TP ...... Yes, this is what I'm talking about .... doubling the price of a necessity item would constitute gouging. This is a prime example that can't be shrugged off by Supply / Demand justification that the suppliers can simply take advantage of crisis situation. I get economics but gouging is not the only regulation to put in place. Perhaps there needs to be purchase limitations on such items, if that is possible to a certain extent. Is is realistic OR can it be done, I really don't know but it could make things more difficult for people to stock up, leaving others out in the cold. I totally get economics and can afford the many things I advocate against, especially when it comes to crisis situations like national disasters, epidemics, etc. Regarding your uncle, I commend his business instinct but also note that those 300 generators from a store like Home Depot could have easily be transferred to local SW FL stores where the consumer could purchase them at a reasonable costs. I'd much rather have 300 generators available to those hurricane victims at cost rather than to have uncle Teddy bring in generators and charge cost x 4 to the victims. If gouging laws are in place, he can't hoard them, waiting to take advantage of innocent victims. I reiterate, I do commend his business acumen
Now we know why she doesn't take questions. What an idiot.
https://twitter.com/_johnnymaga/status/1...kyoiQ&s=19
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(08-18-2024, 01:15 PM)flsprtsgod Wrote:(08-18-2024, 10:05 AM)HURRICANE!!! Wrote: Re: Doubling the price of TP ...... Yes, this is what I'm talking about .... doubling the price of a necessity item would constitute gouging. This is a prime example that can't be shrugged off by Supply / Demand justification that the suppliers can simply take advantage of crisis situation. Dis your MIL? ![]()
(08-18-2024, 07:00 PM)HURRICANE!!! Wrote:(08-18-2024, 01:15 PM)flsprtsgod Wrote: And that's what you don't get about economics, prices control scarcity and supply. Since the prices DIDN'T double (or more) half the people who would've bought some at that price couldn't find any to buy and we had severe shortages. Meanwhile, people like my mother-in-law had 30 cases of TP in her garage for two people. That's the function of price increases, to passively prevent hoarding. All you're doing is making the market less free. In doing so you're trusting that central planners are better arbiters of commerce than the individuals involved in the transactions and that's why it fails. People are laughing at Kamala's price control strategy but don't understand that all forms of market interference are the exact same thing. “An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato
(08-18-2024, 11:32 PM)Jaguarmeister Wrote:(08-18-2024, 01:15 PM)flsprtsgod Wrote: And that's what you don't get about economics, prices control scarcity and supply. Since the prices DIDN'T double (or more) half the people who would've bought some at that price couldn't find any to buy and we had severe shortages. Meanwhile, people like my mother-in-law had 30 cases of TP in her garage for two people. That's the function of price increases, to passively prevent hoarding. Bro, she's a hoarder in normal circumstances. You should've seen the stacks of Lysol wipes she acquired. “An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato
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https://www.instagram.com/reel/C-2XlISRf...JlbnJmMDcw
Get these [BLEEP] people out of here... We don't want them. We don't need them. This applies to Trump's [BLEEP] stance on this as well. Stapling Green Cards and [BLEEP] to Diploma's. No thanks. [BLEEP] these people. Get our house in order first before trying to play the hostess with the mostest. We're a 10 pound bag cramming 15 pounds of [BLEEP] into it that the majority of the tax payer did not ask for... Sent from my SM-S906U using Tapatalk ![]() "What do I know of cultured ways, the gilt, the craft and the lie? I, who was born in a naked land and bred in the open sky. The subtle tongue, the sophist guile, they fail when the broadswords sing; Rush in and die, dogs - I was a man before I was a king."
[BLEEP]. These. People.
https://www.instagram.com/reel/C-1pSLss8...b2VhN3MyeA== Sent from my SM-S906U using Tapatalk ![]() "What do I know of cultured ways, the gilt, the craft and the lie? I, who was born in a naked land and bred in the open sky. The subtle tongue, the sophist guile, they fail when the broadswords sing; Rush in and die, dogs - I was a man before I was a king." (08-19-2024, 07:25 AM)flsprtsgod Wrote:(08-18-2024, 07:00 PM)HURRICANE!!! Wrote: I get economics but gouging is not the only regulation to put in place. Perhaps there needs to be purchase limitations on such items, if that is possible to a certain extent. Is is realistic OR can it be done, I really don't know but it could make things more difficult for people to stock up, leaving others out in the cold. Did your uncle get those generators directly from the factory? Did he have a distribution agreement with the manufacturer?
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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