Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
You just have to love what economic illiterates leftists are.
Comments
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That's only one of many reasons I think I'm smart.Tequilla said:
You think that you’re smart because you throw out supply/demand curves and cite price elasticityHHusky said:
Odd you quarreled with my entirely correct statement then.Tequilla said:
I have a degree in mathematics as everybody knows amongst a few others I use far more often …HHusky said:
You should have gone to class.Tequilla said:
You make a lot of iffy comments …HHusky said:Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
This is one of your worst
https://www.cs.cmu.edu/~ref/econ101e.html
Pretty sure I don’t need the Econ 101 refresher
Problem when you throw elements into the equation that results in high inflationary pressures you aren’t painting the full picture because what happens is you get shifts in those curves
For example, the current supply chain and input issues throughout the system leading to high levels of inflation isn’t changing anything with respect to demand … but it is causing the supply curve to shift and as a result your intersection point results in higher prices at prior levels
This is where most people fall short when they think they understand this shit but the reality is they don’t … they do a great job when the variables are static … but variables are rarely static so you have to understand the impact of changing variable before you start talking about your static works again -
Looking in the mirror and lying to yourself doesn’t mean that’s realityHHusky said:
That's only one of many reasons I think I'm smart.Tequilla said:
You think that you’re smart because you throw out supply/demand curves and cite price elasticityHHusky said:
Odd you quarreled with my entirely correct statement then.Tequilla said:
I have a degree in mathematics as everybody knows amongst a few others I use far more often …HHusky said:
You should have gone to class.Tequilla said:
You make a lot of iffy comments …HHusky said:Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
This is one of your worst
https://www.cs.cmu.edu/~ref/econ101e.html
Pretty sure I don’t need the Econ 101 refresher
Problem when you throw elements into the equation that results in high inflationary pressures you aren’t painting the full picture because what happens is you get shifts in those curves
For example, the current supply chain and input issues throughout the system leading to high levels of inflation isn’t changing anything with respect to demand … but it is causing the supply curve to shift and as a result your intersection point results in higher prices at prior levels
This is where most people fall short when they think they understand this shit but the reality is they don’t … they do a great job when the variables are static … but variables are rarely static so you have to understand the impact of changing variable before you start talking about your static works again -
Shittiest plagiarism of Pup stuff in the history of the board.HHusky said:
Yet I’m better educated, better looking, and richer than you all. I guess there’s no justice in this life.RaceBannon said:
Why?HHusky said:Ask me how I know most of you girls never took econ--or at least didn't pass.
You're an economic moron -
Lol this is so rich.HHusky said:Ask me how I know most of you girls never took econ--or at least didn't pass.
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The threat/fear of inflation creates actual inflation, which creates even more inflation. Econ 101 demand/supply pricing assumes that there is a functioning market and logical reasons behind micro decision making and that tradeoffs exist to restrain vultures like me from going nuts with pricing. Government policy has directly limited consumer tradeoff choices. Grocery stores are kicking ass at the expense of restaurants as an example. That’s fine assuming they are delivering a product that is worthy of increased demand. They aren’t.Tequilla said:
You think that you’re smart because you throw out supply/demand curves and cite price elasticityHHusky said:
Odd you quarreled with my entirely correct statement then.Tequilla said:
I have a degree in mathematics as everybody knows amongst a few others I use far more often …HHusky said:
You should have gone to class.Tequilla said:
You make a lot of iffy comments …HHusky said:Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
This is one of your worst
https://www.cs.cmu.edu/~ref/econ101e.html
Pretty sure I don’t need the Econ 101 refresher
Problem when you throw elements into the equation that results in high inflationary pressures you aren’t painting the full picture because what happens is you get shifts in those curves
For example, the current supply chain and input issues throughout the system leading to high levels of inflation isn’t changing anything with respect to demand … but it is causing the supply curve to shift and as a result your intersection point results in higher prices at prior levels
This is where most people fall short when they think they understand this shit but the reality is they don’t … they do a great job when the variables are static … but variables are rarely static so you have to understand the impact of changing variable before you start talking about your static works again
Econ 101 is out the door in this moment, and potentially forever when the government can randomly pick winners and losers and take decision making out of peoples hands. Those that are running a business understand this. -
Like meUW_Doog_Bot said:
Lol this is so rich.HHusky said:Ask me how I know most of you girls never took econ--or at least didn't pass.
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Yep … playing fields are changing rapidlyBob_C said:
The threat/fear of inflation creates actual inflation, which creates even more inflation. Econ 101 demand/supply pricing assumes that there is a functioning market and logical reasons behind micro decision making and that tradeoffs exist to restrain vultures like me from going nuts with pricing. Government policy has directly limited consumer tradeoff choices. Grocery stores are kicking ass at the expense of restaurants as an example. That’s fine assuming they are delivering a product that is worthy of increased demand. They aren’t.Tequilla said:
You think that you’re smart because you throw out supply/demand curves and cite price elasticityHHusky said:
Odd you quarreled with my entirely correct statement then.Tequilla said:
I have a degree in mathematics as everybody knows amongst a few others I use far more often …HHusky said:
You should have gone to class.Tequilla said:
You make a lot of iffy comments …HHusky said:Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
This is one of your worst
https://www.cs.cmu.edu/~ref/econ101e.html
Pretty sure I don’t need the Econ 101 refresher
Problem when you throw elements into the equation that results in high inflationary pressures you aren’t painting the full picture because what happens is you get shifts in those curves
For example, the current supply chain and input issues throughout the system leading to high levels of inflation isn’t changing anything with respect to demand … but it is causing the supply curve to shift and as a result your intersection point results in higher prices at prior levels
This is where most people fall short when they think they understand this shit but the reality is they don’t … they do a great job when the variables are static … but variables are rarely static so you have to understand the impact of changing variable before you start talking about your static works again
Econ 101 is out the door in this moment, and potentially forever when the government can randomly pick winners and losers and take decision making out of peoples hands. Those that are running a business understand this. -
When you print money you get inflation. Generally, if there is supply shortage as demand exceeds supply at the prior price point and the price of the product (say gasoline) goes up. Assuming a relatively static amount of money, that means less money to purchase something else and that something else (say clothing) and you would get a price drop as supply exceeds demand. If GDP is going up at 3% per year, you would expect a 3% increase in the money supply. When the economy cratered with the panic created by the government over the chicom crud and the "solution" was to print trillions of cash, then guess what.Bob_C said:
The threat/fear of inflation creates actual inflation, which creates even more inflation. Econ 101 demand/supply pricing assumes that there is a functioning market and logical reasons behind micro decision making and that tradeoffs exist to restrain vultures like me from going nuts with pricing. Government policy has directly limited consumer tradeoff choices. Grocery stores are kicking ass at the expense of restaurants as an example. That’s fine assuming they are delivering a product that is worthy of increased demand. They aren’t.Tequilla said:
You think that you’re smart because you throw out supply/demand curves and cite price elasticityHHusky said:
Odd you quarreled with my entirely correct statement then.Tequilla said:
I have a degree in mathematics as everybody knows amongst a few others I use far more often …HHusky said:
You should have gone to class.Tequilla said:
You make a lot of iffy comments …HHusky said:Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
This is one of your worst
https://www.cs.cmu.edu/~ref/econ101e.html
Pretty sure I don’t need the Econ 101 refresher
Problem when you throw elements into the equation that results in high inflationary pressures you aren’t painting the full picture because what happens is you get shifts in those curves
For example, the current supply chain and input issues throughout the system leading to high levels of inflation isn’t changing anything with respect to demand … but it is causing the supply curve to shift and as a result your intersection point results in higher prices at prior levels
This is where most people fall short when they think they understand this shit but the reality is they don’t … they do a great job when the variables are static … but variables are rarely static so you have to understand the impact of changing variable before you start talking about your static works again
Econ 101 is out the door in this moment, and potentially forever when the government can randomly pick winners and losers and take decision making out of peoples hands. Those that are running a business understand this. -
Gas costs twice as much in California 100% because of the government
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Millennials can't afford homes because of excessive regulation and mandates which makes homes expensive to build and limits supply
The morons that H votes for are 100% to blame
But without majoring in econ how could anyone figure it out?
