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Join contestAs a society we have been conditioned to be low information decision makers. Single points or buzz words are what most people base their decisions on for the most part.Couple things:
1. How brainwashed are we as a society to actually think that a lower rate of monetary debasement is a good thing? How about zero. Lower inflation is still inflation. People are either stupid, uneducated or both.
2. In a fiat system be very careful about desiring lower prices at a macro level. It’s an indicator that the customer has run out of money or has no desire for further purchases at the current price point. Recession follows.
If you see the comflict between those two points, good. That’s the spot we are in economically.
You missed the point.As a society we have been conditioned to be low information decision makers. Single points or buzz words are what most people base their decisions on for the most part.
I think your comment on point #1, while true is extreme. The drive to lower inflation was a point DJT made during his campaign. That has happened regardless of the mechanism and the meme was just as example of how the left will get pissed at anything he does. There is also a gulf between theory and reality. There will never be 0% inflation.
Point #2 misses the scenario where supply has slightly outpaced demand leading to a lowering of price to get rig or lower inventory. That does not lead to a recession and it one of the most basic premises of supply and demand.
Like that will make any difference?He needs to call out SCOTUS.
Actually time for Trump to do a SOTU. Call out everyone holding him back on everything!
More reasons than that, such as overproducing due to high contribution margins and over estimating demand.You missed the point.
Supply either outpaces demand because nobody wants the product or the price is higher than what most are willing to pay for it. I am talking about the fact that we are in a macroeconomic environment where the price is too high and will have to come down to meet the price point where people are willing to spend. This is the linking of the two points you missed; prices fall because people are choosing not to buy and banks aren’t willing to lend at the previous rate (how most money is created), both contributing to the decrease in the velocity of money. But people will at the same time say inflation is reducing, never seeing what’s occurring economically.
The press lies constantly about the most important things.Biden-Hur Tape Drops, And Boy Is It Rough - Listen To All Five Hours Here | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
There is only one way to right the ship.
Can't hurt. Go through the process and at least set up ignoring them at some point.Like that will make any difference?
It is sad. Everything is about Beau. Almost makes you forget his child-groping human trafficking thing...Not.The press lies constantly about the most important things.
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February 23, 1996: William Bonin, who had once been an eldritch specter only known as the "Freeway Killer" and prowled the highways of the West Coast murdering 21+ men and boys whom he lured into his van offering free rides, water, and snacks, was finally taken to the "Train Station" by the California Department of Corrections at San Quentin Prison to board the long black train with a mournful whistle on a set of tracks with no beginning or end...