LowIQTrash » 13 Jan 2023, 6:40 pm » wrote: ↑ There are countless schools of economics. It is not concerning which one you believe is the most accurate, although I will say the neoclassical model is 85+% wrong, while the "New Keynesian" model preferred by mainstream economists is maybe 40%~ wrong, mostly due to their failure to separate the real economy from financialization.
There is a myth propagated by liberTARDians that if 2 people or two parties engage in some sort of consensual transaction, that type of "market exchange" is dubbed "capitalism." Disregarding the fact that consensual transactions have been taking place since God knows when (imagine how retarded you would sound if you said "ancient Egypt was capitalist"), the model which is based off of lolibertarian "rational self-interested parties" fantasy ignores a basic fact of politics which is that all "ruling classes" attempt to "skim" a certain % off their host/working populations. Skimming is only possible once you have a sufficient amount of power.
Skimming is basically institutionalized theft/fraud...but because most of it occurs behind the scenes or cloaks itself as "consensual, mutual, whatever" people ignore it completely. And it should not surprise anyone lolibertarian think tanks/prominent groups are funded by (((OUR FRIENDS)))
LowIQTrash » 13 Jan 2023, 6:40 pm » wrote: ↑ There are countless schools of economics. It is not concerning which one you believe is the most accurate, although I will say the neoclassical model is 85+% wrong, while the "New Keynesian" model preferred by mainstream economists is maybe 40%~ wrong, mostly due to their failure to separate the real economy from financialization.
There is a myth propagated by liberTARDians that if 2 people or two parties engage in some sort of consensual transaction, that type of "market exchange" is dubbed "capitalism." Disregarding the fact that consensual transactions have been taking place since God knows when (imagine how retarded you would sound if you said "ancient Egypt was capitalist"), the model which is based off of lolibertarian "rational self-interested parties" fantasy ignores a basic fact of politics which is that all "ruling classes" attempt to "skim" a certain % off their host/working populations. Skimming is only possible once you have a sufficient amount of power.
Skimming is basically institutionalized theft/fraud...but because most of it occurs behind the scenes or cloaks itself as "consensual, mutual, whatever" people ignore it completely. And it should not surprise anyone lolibertarian think tanks/prominent groups are funded by (((OUR FRIENDS)))
Skimming comes in 3 levels: (I will only discuss #1 + #3)
1) Minimal skimming
2) Moderate skimming
3) Heavy skimming
Minimal skimming tends to coincide with times of general prosperity. The ruling class does not need to skim much...say, in situations like 1960 America or in 130 AD Rome because of all the bountiful loot obtained from other countries or from keeping other nations poor (e.g. through extracting rent, forcing powerless nations to take on IMF-style debts, telling those nations to "lower their tariffs" so cheap products can flood those nations and they will never develop their own base of economic stability, etc.)
It's basically a gentleman's agreement between the ruling classes/the people they control..."We can both come out of this ahead, as long as YOU...the stupid peons...don't complain about pillaging other countries."
Heavy skimming tends to happen when the low hanging fruits are all plucked from the tree, when even skimming from the host population no longer suffices.
The best summary of "heavy skimming" is psychopathic oligarchs attempting to (and often being successful at) stealing from other oligarchs. Since the poor (whether internationally or domestically) are all tapped out, there is no blood left to squeeze from the stone.
Wealthy parasites stealing from other wealthy parasites..."legally" of course...that pretty much sums up everything we see today.
(To be continued below)
Economics has a rule of 72. What is it based off off in real time?
what? Nobody buying doesn't reduce inventory. 18 months to 2 years of shutdowns stopped the whole supply line from raw materials to finished products going to market.walkingstick » 14 Jan 2023, 8:47 am » wrote: ↑ thru history, 'just in time delivery' has helped trigger inflation. when interest rates raise, cost of inventory raises. so more 'just in time deliveries'. but when there is a sudden increase in demand, shortages cause rapid price increases. and inflation feeds on inflation, as governments start to increase interest to stop inflation. and higher interest rates reduce inventories.
LowIQTrash » 13 Jan 2023, 6:40 pm » wrote: ↑ There is a myth propagated by liberTARDians that if 2 people or two parties engage in some sort of consensual transaction, that type of "market exchange" is dubbed "capitalism."
jism...all the libertarians i know use the term 'free enterprise'... the concept of 'free enterprise' is lost on authoriTARDian nazi gameboy geniuses...
...'the elite' [those who control/direct the issuance of money] keep you brain-laundered, puppetSJConspirator » 14 Jan 2023, 1:32 am » wrote: ↑ The elite now just seek to keep the masses in poverty for amusement.
Economics isn't that complicated, it compounds inversely to ancestry becoming next ancestors rule of 72 compounding in series parllel displacement. The trick is rate of compounding forward using semantical relative time theory 24/7 added to the beliefs life cannot be limited to mutualy evolving here one at time in plain sight since there are 5 generation gaps living forward now that no reproduction was conceived twice to the 5th one added is always great great grandchildren one at a time that do or don't become 1 of 2 parents.LowIQTrash » 13 Jan 2023, 6:40 pm » wrote: ↑ There are countless schools of economics. It is not concerning which one you believe is the most accurate, although I will say the neoclassical model is 85+% wrong, while the "New Keynesian" model preferred by mainstream economists is maybe 40%~ wrong, mostly due to their failure to separate the real economy from financialization.
There is a myth propagated by liberTARDians that if 2 people or two parties engage in some sort of consensual transaction, that type of "market exchange" is dubbed "capitalism." Disregarding the fact that consensual transactions have been taking place since God knows when (imagine how retarded you would sound if you said "ancient Egypt was capitalist"), the model which is based off of lolibertarian "rational self-interested parties" fantasy ignores a basic fact of politics which is that all "ruling classes" attempt to "skim" a certain % off their host/working populations. Skimming is only possible once you have a sufficient amount of power.
Skimming is basically institutionalized theft/fraud...but because most of it occurs behind the scenes or cloaks itself as "consensual, mutual, whatever" people ignore it completely. And it should not surprise anyone lolibertarian think tanks/prominent groups are funded by (((OUR FRIENDS)))
Skimming comes in 3 levels: (I will only discuss #1 + #3)
1) Minimal skimming
2) Moderate skimming
3) Heavy skimming
Minimal skimming tends to coincide with times of general prosperity. The ruling class does not need to skim much...say, in situations like 1960 America or in 130 AD Rome because of all the bountiful loot obtained from other countries or from keeping other nations poor (e.g. through extracting rent, forcing powerless nations to take on IMF-style debts, telling those nations to "lower their tariffs" so cheap products can flood those nations and they will never develop their own base of economic stability, etc.)
It's basically a gentleman's agreement between the ruling classes/the people they control..."We can both come out of this ahead, as long as YOU...the stupid peons...don't complain about pillaging other countries."
Heavy skimming tends to happen when the low hanging fruits are all plucked from the tree, when even skimming from the host population no longer suffices.
The best summary of "heavy skimming" is psychopathic oligarchs attempting to (and often being successful at) stealing from other oligarchs. Since the poor (whether internationally or domestically) are all tapped out, there is no blood left to squeeze from the stone.
Wealthy parasites stealing from other wealthy parasites..."legally" of course...that pretty much sums up everything we see today.
(To be continued below)
LowIQTrash » 13 Jan 2023, 6:40 pm » wrote: ↑ There are countless schools of economics. It is not concerning which one you believe is the most accurate, although I will say the neoclassical model is 85+% wrong, while the "New Keynesian" model preferred by mainstream economists is maybe 40%~ wrong, mostly due to their failure to separate the real economy from financialization.
There is a myth propagated by liberTARDians that if 2 people or two parties engage in some sort of consensual transaction, that type of "market exchange" is dubbed "capitalism." Disregarding the fact that consensual transactions have been taking place since God knows when (imagine how retarded you would sound if you said "ancient Egypt was capitalist"), the model which is based off of lolibertarian "rational self-interested parties" fantasy ignores a basic fact of politics which is that all "ruling classes" attempt to "skim" a certain % off their host/working populations. Skimming is only possible once you have a sufficient amount of power.
Skimming is basically institutionalized theft/fraud...but because most of it occurs behind the scenes or cloaks itself as "consensual, mutual, whatever" people ignore it completely. And it should not surprise anyone lolibertarian think tanks/prominent groups are funded by (((OUR FRIENDS)))
Skimming comes in 3 levels: (I will only discuss #1 + #3)
1) Minimal skimming
2) Moderate skimming
3) Heavy skimming
Minimal skimming tends to coincide with times of general prosperity. The ruling class does not need to skim much...say, in situations like 1960 America or in 130 AD Rome because of all the bountiful loot obtained from other countries or from keeping other nations poor (e.g. through extracting rent, forcing powerless nations to take on IMF-style debts, telling those nations to "lower their tariffs" so cheap products can flood those nations and they will never develop their own base of economic stability, etc.)
It's basically a gentleman's agreement between the ruling classes/the people they control..."We can both come out of this ahead, as long as YOU...the stupid peons...don't complain about pillaging other countries."
Heavy skimming tends to happen when the low hanging fruits are all plucked from the tree, when even skimming from the host population no longer suffices.
The best summary of "heavy skimming" is psychopathic oligarchs attempting to (and often being successful at) stealing from other oligarchs. Since the poor (whether internationally or domestically) are all tapped out, there is no blood left to squeeze from the stone.
Wealthy parasites stealing from other wealthy parasites..."legally" of course...that pretty much sums up everything we see today.
(To be continued below)
market'...] Explaining The 21st Century Economy To A Dummy...
you are only a part of a 5th generation arrived one at a time changing population to your own ancestry and this species each ancestor added into the atmosphere now.peepee » 24 Mar 2023, 9:29 am » wrote: ↑ EXPLAINING ECONOMIC INCENTIVES IN EVERY CENTURY PAST, PRESENT AND FUTURE TO BRAIN-LAUNDERED AUTHORITARDIAN REPUBLICRAT-LEVEL $HIT-SPEWERS... [and monetary ignoramuses]:
"There are four ways in which you can spend money.
1.) You can spend your own money on yourself. You have a strong incentive to get the most for your money.
2.) You can spend your own money on somebody else. For example, you buy a birthday present for someone. Here, you're not so careful about the content of the present, but you are very careful about the cost.
3.) You can spend somebody else’s money on yourself. And when you spend somebody else’s money on yourself you are surely! going to have a nice meal, hotel room, etc.. But you're not so concerned about the co$t...
4.) You can spend somebody else’s money on somebody else. And when you spend somebody else’s money on somebody else, you're not as concerned about how much it costs or what you are getting...[hint for republicrats, fascists, etc., authoritarian theorists: these are the incentives YOUR stinking government apparatchiks/officials face...every f@cking time...and i hear that's over half of all transactions in your goddamned fool 'freemarket'...]
...i favor a society dominated by number 1... you authoritardian dumb@sses [and monetary ignoramuses] favor a society dominated by number 4.... even though you're too stooooopid to be conscious/aware of this reality....
Does that include ceasing to feed the wall street transocracy, mind-slave?razoo » 24 Mar 2023, 7:33 am » wrote: ↑ Repeal all corporate and upper 1% welfare = it never pays back
No dude, I am eternally grateful for that example. Truth unto **** Jesus himself, I did not know Sears was sabotaged to make room for Bezos. It sounded so incredible but everything made sense after.FOS » 13 Jan 2023, 9:55 pm » wrote: ↑ Wow you remembered my sears Amazon thread. I was worried I was simply yelling into the void lol