The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane. ~ Marcus Aurelius“It's a beautiful thing, the destruction of words.”
― George Orwell, 1984
“The urge to shout filthy words at the top of his voice was as strong as ever.”
― George Orwell, 1984
Why do you keep trying to tie this into supply and demand? Again you aren't entirely wrong in this sentence here, but what the hell does this have to do with supply and demand?
If Company A is the only company making widgets, and Company A is charging 100 dollars per widget while it only takes 99 cents to create the widget and widgets are really easy to produce with an abundance of materials to create said widgets, then companies are going to start popping up left and right creating widgets and selling them for cheaper than Company A because the supply is plentiful and the demand is apparently there if Company A is getting 100 dollars per widget.
Let's take the exact same scenario but it costs more like 80 dollars to create the widget because there aren't many materials available to create a widget then the supply is low and the demand is high so they can charge more money.
That is supply and demand, not whatever this nonsense is that you are spouting.
It is a theory, in the same way that Relativity is a theory. It is damn near impossible to prove as a law.
Seran's retarded ass keeps trying to compare it to capitalism and monopolization though. Supply and demand exists in EVERY economic system, including full on communism.
Last edited by Gelston; 10-17-2024 at 04:44 PM.
Ceterum censeo Carthaginem esse delendam
BREAKING!
It is OFFICIAL: Kamala used a picture of a black woman that WAS NOT HER GRANDMA in her autobiography. A Jamaican woman who knew her has confirmed that Kamala’s REAL Grandma Beryl was Irish.
https://x.com/RealCandaceO/status/1846973605768217041
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane. ~ Marcus Aurelius“It's a beautiful thing, the destruction of words.”
― George Orwell, 1984
“The urge to shout filthy words at the top of his voice was as strong as ever.”
― George Orwell, 1984
I asked for neither your Opinion,
your Acceptance
nor your Permission.
"The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis." Dante Alighieri 3
"It took 2000 mules to install one Jackass." Diamond and Silk Watch the Movie
Price controls in terms of state mandated minimums or maximums shouldn't exist, they're detrimental to industry and the economy both as learned by communist governments. They being said, a government agency that protects from price swings that're the result of competitive practices as defined by federal or state law are both necessary and proven effective time and time again.
I wholly agree also on no government caps on profits as well, with a 100% deduction for domestic research and development, and likewise domestic capital expenditures are good governance. To be clear though, corporate taxes aren't a cap on profits, but the European countries who implemented steep windfall taxes went to far.
Just so we're clear, supply and demand as existed in the 17th century is far and away different than today's cost plus model. We no longer exist in a society where the majority of commerce consists of a single person or entity produces and sells it's own product. In the modern industrial / computer age, most goods are purchased and sold from manufacturer, to distributor, to wholesaler or retailer with markups happening every step of the way. As stated originally, the reduction of the cost of a good not translating into a comparable (though obviously not equivalent) reduction in cost to be the consumer is why inflation is such an issue.
Last edited by Neveragain; 10-17-2024 at 08:14 PM.
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane. ~ Marcus Aurelius“It's a beautiful thing, the destruction of words.”
― George Orwell, 1984
“The urge to shout filthy words at the top of his voice was as strong as ever.”
― George Orwell, 1984