50 years of failed eco predictions

[Into the Night]

Again, you're the one trapped in the paradox here

Inversion fallacy.

because you believe that increasing supply increases demand (it doesn't), when all increasing supply does is devalue the product whose supply you're increasing.

Paradox. Which is it, dude?

That's why so many natural gas companies went broke last decade, and why they will continue to go broke and bankrupt until there are none left.

So you think no one will buy natural gas ever again. Fine. if you believe THAT, don't invest in natural gas!

Meanwhile people around you will heat their homes with natural gas.

 

[LV426]

Government spending ain't free. Communism doesn't work.

Exactly! It's not free...which means if you pull it out of the economy, you just contracted your economy by the exact amount you've pulled out of it, DUMBASS.

I mean, you're like really, really stupid.

Like, I'm worried that you suffered brain damage kind of stupid.

I find you stupider than most people here on JPP.

You put up this act, but it's not fooling anyone because you're not clever enough to pull it off, IBDaMann, GFM and whatever other socks you created for yourself to give you comfort because of the meanies on JPP who make you feel bad for being a dumb fucking stump.

 

[LV426]

Already happened.

Where?

 

[Into the Night]

Wealth was most definitely hoarded, this is not up for dispute.

You are not god. Hoarding wealth is a poor investment. You obviously have no idea how to run a business.

Higher wages occurred...for people at the top.

I gave my employees a raise just last year. None of them are minimum wage employees. They make more than that!

Every employee is like a little business. His price is his wages. That is negotiated between the buyer (the business) and the employee. The idea of price discovery really eludes you. Typical for a communist.

The only other people who saw higher wages were those at the bottom whose minimum wage was raised by about 20 states in 2018 and 20 states in 2019, but that had nothing to do with the tax cut.

The tax cut helped everyone. It was across the board.

You want to make more money so you can give it to the government??? Paradox, dude.

 

[LV426]

Already happened.

It didn't, and in fact, the opposite happened last decade...the more production of Shale and Natural gas there was, the lower the value of those fuels, which meant lower revenues for the businesses selling them who had to increase production just to make their margins.

But the margins kept going down every year because the market was being flooded with those fuels, and the result were hundreds of companies going bankrupt to the tune of hundreds of billions of dollars, costing thousands of jobs.

So...is that what you're bragging about? Using supply-side economic theory to destroy fracking and natural gas? Because if so, bravo...well done...you did it...you practically killed natural gas and fracking.

 

[Into the Night]

No, this is just you realizing that your argument sucks and instead of admitting that, you deflect like this.

Chump.

Assumption of victory fallacy. Inversion fallacy. Insult fallacy. No argument presented.

 

[Into the Night]

How so? Explain yourself.

Already did. RQAA.

I notice that you never bother to explain these things.

Already did. RQAA.

which makes me think you just say them to trick people into thinking you're an intellectual, when you're really just a fucking dumbass.

Insult fallacies.

No argument presented.

 

[LV426]

Apparently you have no idea how price discovery works.

You need to learn what price discovery actually is, bucko.

You don't like free markets and prefer communism, so I understand if you don't get how free markets work.

You don't even know what you like because your stupid "free market" principles didn't play out the way you said they would last decade.

We went all-in on the supply-side for natural gas and fracking, and the result of that was the bankruptcy of over 200 firms in just 5 years.

 

[LV426]

Deflation caused by productivity is GOOD

Deflation is NEVER GOOD under any circumstances.

If the value of your product is deflating from production, then you have serious production problems, or your product is fuckin' shit.

 

[Into the Night]

No they don't, and I just provided you with three links that proves they didn't.

A Holy Link is not a proof.

I notice that you didn't even quote those links, but you quoted what I wrote.

I don't repeat Holy Links. There's no point.

That's because you don't want to deal with the fact that what you believe is a myth that has been disproved by the last 3 years of economic data that you told me to look at!

Newspapers are not data.

...deleted Holy Links...

Newspapers are not a proof.

 

[LV426]

Personal computers are not a necessity. They didn't even exist just a few decades ago.

They are most definitely a necessity and I can use your activity on JPP as the proof.

It is necessary for you to have a computer in order for you to post propaganda on the internet.

Without a computer, you would have no way to do that.

 

[LV426]

You consider $40 expensive??? You're not even a successful welfare case!

A $40 computer:

 

[Into the Night]

You need to learn what price discovery actually is, bucko.

Inversion fallacy.

You don't even know what you like because your stupid "free market" principles didn't play out the way you said they would last decade.

The free market exists. It is immortal. You can't kill it, even if you drive it underground and it operates as a black market. See your local drug dealer for details.

We went all-in on the supply-side for natural gas and fracking, and the result of that was the bankruptcy of over 200 firms in just 5 years.

Government interference. Fascism. Capitalism is not fascism.

 

[LV426]

ever had any of my computers break except one that got shot, and one that got hit by lightning, and one that fell out of the sky on a rocket.?

This is bullshit, of course.

Spinning tall anecdotes and tales about oneself to lend credibility to an argument that has none.

 

[Monad Portal]

But computers did, and what an inventive person did was condense those computers into ones that could go in a home.

So they didn't create a new product, they modified an already existing product for a new market.

Computers already existed before the advent of the personal computer, they didn't just appear out of thin air.

This is why half of businesses fail, because the people running them are as stupid and juvenile as you.

did you ever run a business?

 

[LV426]

Computers allow you to post on this board. Since you feel that isn't worth shit, why are you here??

Without a computer, you wouldn't be able to post propaganda...so computers are a necessity for you.

 

[LV426]

Surveys don't mean anything. Argument from randU fallacy.

Another deflection because you realized you have no fucking good argument to make.

What a waste.

 

[Into the Night]

Laughable.

The economy entered a recession in February 2020, a month before any COVID lockdowns started:

It's official: Recession began in February, ending longest U.S. expansion ever
https://www.cbsnews.com/news/united-states-recession-started-february/

The lockdowns weren't until Mid-March.

Does February come before or after March?

Is time not linear in Conservatardia?

No, it didn't. Fake News.

 

[Into the Night]

Right, but like spending, you can also control how much revenue you are taking in.

Government spending ain't free, dude. Communism doesn't work.

 

[LV426]

Already did.

When? Just went back through your posts and didn't see a single time where Austrian theory resulted in positive results.

So are you just lying now to avoid doing the work?