Well Tony seems to be retired for real.

[Tuxan]

No, that isn't what I said. Perhaps we can add reading comprehension to your list of needed improvements. I said some industries. Like in the retail gas market, during hurricanes. You will always have small attempts at gouging. But to go after an entire industry is like burning down the house when you find ants in the kitchen.



No, my argument is that because industries have such thin margins (grocery stores, as an example), they have no choice but to pass on price hikes. They can't absorb them like you might think. I remember having this argument with Piezoe when he claimed restaurants could absorb wage hikes. I went through a detailed analysis of their financials and all he did was go "I'll have to get back to you" with his response. Of course, he never did. If you care to read that exchange, here it is.

If you try to put legislation to prevent them from doing so, they'll just go out of business, or not buy food, which in turn means the public won't have access to groceries. Are you so blind as to not have witnessed this in places like Venezuela? When similar socialist policies have tried to control prices in the same way?



I've read these words several times, and I'm not sure I know what the heck you're trying to say here (as usual). But I'll take a stab. Actually, no, I don't think I can. Restate what your point is here, and try to be a bit more clear?



You may find some examples, but instead of going after the bad guys, you folks want to regulate an entire industry. Stupid and ineffective, as usual.



I'm not about to waste 99 minutes of my time listening to some video to try to figure out what your specific examples are. So provide the examples, or provide the exact timestamps I can fast forward to. You don't get to post links of hour-and-a-half videos and say "see, this is what I mean".

Well I was going to do an a summary to tidy up. Operating off a phone only is trickier for me.

Alright, progress. For the record Piezoe is smarter than I am, better writing, by a good margin. I need my laptop to reply, I'm at a nursing home out in the countryside most of the day.

 

[spy]

not about to waste 99 minutes of my time listening to some video

This is the biggest problem w/ arguments the left tries to provide. They need to dig themselves deeper and deeper into a convoluted mess in order to explain their nonsense. They fall down a rabbit-hole of endless bullshit... which ends with gulags and concentration camps.

"An alleged scientific discovery has no merit unless it can be explained to a barmaid."

"Oh what a tangled web we weave when at first we start to deceive"

and, of course... "Occam's Razor"

But since the left wants free stuff (at best), and to further legalize/normalize their own dragooning (at worst), they necessarily bend over backwards to make it sound appealing.

Fortunately, they are doomed to fail simply because "production must always precede predation".

It's all rather straight-forward TBH.

 

[Tuxan]

This is the biggest problem w/ arguments the left tries to provide. They need to dig themselves deeper and deeper into a convoluted mess in order to explain their nonsense. They fall down a rabbit-hole of endless bullshit... which ends with gulags and concentration camps.

"An alleged scientific discovery has no merit unless it can be explained to a barmaid."

"Oh what a tangled web we weave when at first we start to deceive"

and, of course... "Occam's Razor"

But since the left wants free stuff (at best), and to further legalize/normalize their own dragooning (at worst), they necessarily bend over backwards to make it sound appealing.

Fortunately, they are doomed to fail simply because "production must always precede predation".

It's all rather straight-forward TBH.

In any functioning economy, production and distribution are intertwined. Who built the cart to put it before the horse?

Production and distribution are part of a feedback loop. Distribution supports production, and production generates the wealth that can be further distributed. Ignoring this complexity can lead to overly simplistic conclusions about how economies should be managed.

 

[Tuxan]

@Tsing Tao

My aunt just passed so I have a lot of arrangements.

I have no reason to believe from what I have seen, that the suggested federal "price controls" are not to be targeted, addressing specific abuses without stifling the entire industry.

The hyperbole is a Venezuela collapse, thats not going to happen I feel fully confident.

I can list a rake of examples, Carrefour vs Pepsi and Lays and way more of specific examples of "greed-flation" and how it's been called out abroad.

Right now in America, 80 percent I read of people believe that a part of the inflation was "greed-flation".

Politicians are our representatives and they need to be seen to take up that matter. They are not however actually idiots, they will saber rattle for show and make some narrow changes.

I know they look like idiots as the notion of taxing unrealized wealth is very fraught but again, it is more nuanced and won't in reality be a death blow, as ZH say about everything

I know you don't like being out on hold but I'm sure you understand.

 

[spy]

how economies should be managed

By you I suppose? You're a fool.

 

[Tsing Tao]

I have no reason to believe from what I have seen, that the suggested federal "price controls" are not to be targeted, addressing specific abuses without stifling the entire industry.

Sure, because the government is never known for overreach or abuse. Many states already have laws against this.

The hyperbole is a Venezuela collapse, thats not going to happen I feel fully confident.

Oh, well if you feel confident, that makes me feel better.

I can list a rake of examples, Carrefour vs Pepsi and Lays and way more of specific examples of "greed-flation" and how it's been called out abroad.

This has absolutely nothing to do with price gouging and you have no evidence of your claim of "greed-flation". You know absolutely ZERO about why Pepsi was looking for a price increase, and 3 months later, the grocer and the manufacturer reached an agreement. You have no evidence at all this was "greed".

Right now in America, 80 percent I read of people believe that a part of the inflation was "greed-flation".
[/USER]

First, I don't believe your number. Second, go find out how many people believe the Federal Reserve is a national system of parks. The country - the world - is full of idiots. Who cares what 80% of the people think if its bullshit. Try thinking for yourself, not following the herd.

Politicians are our representatives and they need to be seen to take up that matter. They are not however actually idiots, they will saber rattle for show and make some narrow changes.

I know they look like idiots as the notion of taxing unrealized wealth is very fraught but again, it is more nuanced and won't in reality be a death blow, as ZH say about everything

I know you don't like being out on hold but I'm sure you understand.

I don't know what any of this means, but the next time you point out how a republican politician is an idiot, I'll be sure and throw this paragraph back at you. Politicians ARE idiots.

 

[Tuxan]

By you I suppose? You're a fool.

I guess if I were just hungry enough I'd have become as rich as you will be some day Spy.

 

[poopy]

From December 2018 to July 2019, at least six child migrants have died while being detained by the Trump administration.

 

[poopy]

spy has dirt floors and therefore too ignorant to act/vote in his own best interest.

 

[El OchoCinco]

In any functioning economy, production and distribution are intertwined. Who built the cart to put it before the horse?

Production and distribution are part of a feedback loop. Distribution supports production, and production generates the wealth that can be further distributed. Ignoring this complexity can lead to overly simplistic conclusions about how economies should be managed.

Economies like ours should not really be "managed" when ours is based on a consumer/consumption economy. the fed govt can barely manage their own budget and operations and they are going to intelligently run the U.S. economy?

Govt role in an economy is to create and oversee a system that is reliable and secure and functions and then get the fuck out of the way. It can manipulate its areas by passing spending bills or adjusting regulations but for the most part every from Apple down to me operate our businesses via state and federal laws and free from government interference and we dont give a fuck who sits in that chair.

The extreme right and left wing dont get this and muck everything up...trump didnt create cheap gasoline and Biden didnt produce record gains in the stock market.