zappasguitar
Well-known member
Does the Government tell each and every business owner how much it must charge for its goods and wares; and by how much they may increase the price next year?
Or do they decide for themselves?
Health care backlash
- Thread starter christiefan915
- Start date
Does the Government tell each and every business owner how much it must charge for its goods and wares; and by how much they may increase the price next year?
Or do they decide for themselves?
Big Gubmint
Verified User
Resisters will be dealt with.
Gods, man, at least educate yourself before you go off half-cocked.
Inflation is deliberately created by government policy, as I stated. It is designed so that money in savings loses value and you are therefore "encouraged" to spend rather than to save.
The Free Market has competition which sets prices lower, e.g. your hardware store may set the price higher but if I sell the same thing lower the people will buy at mine.
The reality is inflation is created by government deliberately by overproducing fiat currency, it isn't a product of the "free market" it is just plain ignorance that would suggest it is.
Thank you...thank you very muchhhhh!
Over regulation by government is the very cause of capital market failures in too many instances.
zappasguitar
Well-known member
You know how I can tell when I'm correct when it comes to any one of our "debates"?
Whenever you begin or end your response by pointing out how stupid or uninformed I am. Whenever you do that I know your intent isn't to educate or to enlighten...it's simply your standard tactic whenever you want to humiliate someone into silence.
I never said inflation was a product of the free market. ID made one of her typically ridiculous hyperbolic statements...That Americans can't save because "the price of everything goes up every year.
The price of everything does not go up solely due to inflation. Businesses raise their prices for any number of reasons. Such is the cost of doing business in a free market economy.
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Hey you stupid fat fucker...That was TuTu that made that statement.
zappasguitar
Well-known member
Well, you AOL dimbulbs are pretty much interchangeable in my book.
Do you know when you can tell when anybody has lost a debate on the board in general, it's when they start to declare victory based on nothing more than their own ignorance. Not only did you blame inflation on the free market, you then asked what you thought was a loaded question suggesting it once again.
The cost goes up because the money is valued less (fiat currency over-created), therefore costs, such as gasoline for delivery, create an inflationary drive and raise prices generally across the board. However, the root cause is... (pregnant pause) ... government economic policy, not the "free market"...
BTW - This quote below is where you tried to convince people through your own ignorance that inflation is caused by "free markets"
Prices go up either because of the rarity of an item due to low supply v. demand or because of cost to production (inflation). Inflation is caused by the overabundance of available currency. If, say, we decided that leaves would be the next currency, everything would cost millions of the little bastiges because they are way too available.... Anyway, over the past 100 years or so, since we dropped the gold standard, we've had a government policy of controlled inflation that "encourages" spending, it is what we "build" the economy on...
The truth is zappy you're always so sneering and snide that you get ahead of your fat self.
SmarterthanYou
rebel
Like TaiChiLiberal
apple0154
MEOW
Two points. Businesses do raise prices for reasons other than their rising costs. If they have a product that sells really well they'll raise the price to see how much they can squeeze out of the customer. Those Gillette blades are an example. They started out reasonably priced, the customers found out they were superior to others, so Gillette raised the prices way past what other razors cost.
As for inflation it enables young people to get ahead in life. Otherwise, once a person made a certain amount of money they would do nothing and have full control. Inflation slowly erodes their savings resulting in them getting poorer while wages increase allowing young people to "catch up".
As for inflation it enables young people to get ahead in life. Otherwise, once a person made a certain amount of money they would do nothing and have full control. Inflation slowly erodes their savings resulting in them getting poorer while wages increase allowing young people to "catch up".
Inflation is caused solely by the government. Prices for goods and services would, in general, decline as productivity rises if not for the government's inflationary policies. In some sectors it does anyway.
Market forces might cause the price of isolated goods/services to increase, but the general trend is ENTIRELY due to government inflation.
You can't be serious. That's one brand with many competitors and representing a very small portion of the basket of goods. It's not a market wide phenomena.
No, it does not. It only enriches the bankers as they get fresh new dollars to spend which filter to the working class only after they have settled at a new lower value.
apple0154
MEOW
Look what's happening now. Low interest rates. That results in the people who have money losing money as the interest does not cover the cost of living. Their money is being devalued. On the other hand people with little or no money have nothing to lose with low interest rates.
While some people are no doubt making money on the stock market fewer people than usual are.
Look at the housing prices a few years ago. Young people could never afford a home because the prices were increasing faster than they could save for a down payment. As the prices drop more young people can afford a home.
The net result is the people with money are seeing their money and possessions drop in value. That gives the poor a chance to catch up.
What is your point? You think declining home prices is an example of inflation?
Taichiliberal
Shaken, not stirred!
And there you have it, Cyp......the Civil Rights movement, the Vietnam war protests....victories all one through diligence, resistence and PEACE. Ghandi got the Brits to walk out of India (in a fashion) without firing a shot! But the yahoos who have been revved up by the neocon punditry and directly/indirectly encouraged by their political allies (i.e.,Armey's "Freedomworks") are high on low information, willful ignorance and paranoia. They'll stubbornly repeat their convoluted logic and deny the hole in their boot is from their own gun.
apple0154
MEOW
No, my point was the ability of young people to acquire a decent lifestyle and as people's worth, in general, declines it increases the ability of those starting out to catch up quicker.
Another example is the billions of dollars that evaporated due to the financial crisis. While that may have hurt those who had the money to lose it helped those who didn't have the money such as young people.
The same idea applies to inflation. It reduces the worth of people's money and makes it necessary to make new/more money.
Sammy Jankis
Was it me?
Apple is a douche, but so is stringfield the banker cocksucker who can't admit that printing money to solve every problem is foolishness.
Actually that is supply v demand and I mentioned it earlier. The demand was too high because they priced their razors too low.