Recent submissions

Comment · 2 years ago
Then its not price fixing, thats the market price. If I produce 3 fidgets a week and they all sell by monday morning, Id raise the price.
Comment · 2 years ago
Ok, I have an idea, lets stop printing new money directly into the housing market through the federal reserve. Without it, there is no guarentee that a house will appreciate, in fact most homes would be considered depreciating assets. The cost of homes would plung 80, maybe 90%, and housing would be radically more affordable. Id be totally hosed, but I would find that a reasonable compromise.
Comment · 2 years ago
Oh, my bad, I assumed you were trying to be belligerent on basic economics not containing this information. Id actually be happy to adopt just about any world religions economic regulation, as opposed to what we have today.
Comment · 2 years ago
You know, maybe some people arent cut out for economics, but, the spirit of rothbard compels me, economic education is for the masses so I will provide a quote from chapter 2, prices and cost subsection.

"While you may put whatever prices you wish on the goods and services you provide, those prices will become economic realities only if others are willing to pay them, and that depends not on whatever prices you have chosen, but on how much consumers want what you offer, and on what other producers charge for the same goods and services."

So, maybe the 6th edition could be better equipped for ctrl+f economists, with all the communist propaganda words indexed to subsections.

Comment · 2 years ago
Start with an insult, that will signal to others that you are intellectually superior without having to ever demonstrate an iota of actual economic reasoning.

If you want to know where bubbles came from, you should have just asked, its called monetary policy and is set by the federal reserve; sure, there was the great tulip mania of - no one gives a fuck it was a short lived commodity bubble that would look miniscule accounting for any amount of inflation you are willing to admit; today, the "bubble" is called debt, the purchasing power of your dollar must decrease, because the very existence of dollars necessarily implies there is a corresponding debt with interest, it turns out to that a pretty significant amount of the money being printed is being injected intravenously into the housing sector unlike the median wage, and you guys are always mystified that housing costs so much money, incentives matter.

If you want to regard this in a moral context, name your world religion and I will agree this second to obey their economic practices. There are many immoral philosphical ideas regarding economics that many regard as moral; religion is no exception, but I find that conceptually grounded in principles that have worked for thousands of years to keep people ethically bound despite ethnic differences and geographical seperation. There is far less to fear from islamic lending practices than whatever people "feel is right" in the heat of the moment.

Comment · 2 years ago
And yet, property is for sale everywhere, go check zillow. You might not like the price, I imagine anybody looking to buy property to rent out probably has similar feelings; ultimately though, if they are using this "price fixing" algorithm, then it should be easy enough to out compete them by just lowering prices.
Comment · 2 years ago
Well, I wouldnt belittle you for getting your economic education, the bible, Qur'an and others have discussed some economic matters; though, it may be advisable to consult one of the best economic textbooks regarding economic matters.
Comment · 2 years ago
Except, at 64% its not really fixing prices, is it?
Comment · 2 years ago
Its a book on basic economic reasoning, price signals, competition, those things are covered from a principled basis, sorry if it doesnt ctrl+f to tell you how irrational the idea of price fixing is.
Comment · 2 years ago
I submit that the long term issues we are having in the united states, are in fact the result of short term solutions. Also, standard oil controlled more like 90% of the market, so in that context they had lost more like 25% by the time the trial concluded.
Comment · 2 years ago
What does "send nato in" sound like to you? Do you think other countries are cool with you violating their borders?
Comment · 2 years ago
There is property for sale in probably every corner of the world, you dont need to build anything.
Comment · 2 years ago
Sure, I would recommend you start with "basic economics", 5th edition, by thomas sowell.
Comment · 2 years ago
Why would you compare landlords to OPEC? One organization has the backing of several militaries, including ours, defending their market position by threat of war. If you try to sidestep them you could end up like iraq.

Price fixing in the market doesnt work, because rival landlords cant call the government to airstrike their competitors when they get undercut.

Comment · 2 years ago
Its not a free market, we are closer to communist than we are free markets.

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