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Topic summary

Posted by Logic Sandwich
 - Today at 08:43:35 AM
It's actually quite simple and a question of supply and demand. A corporation can jack their prices up the yin yang, if there is no corresponding increase in the money supply to feed it, people will simply buy less of the corporations product, in turn providing less reason for the corporation to produce product and ultimately their reason to exist at all.

Inflating the amount of tokens (money) in circulation that might be used to exchange for the products and services... this is the essence of inflation. With the money supply vested firmly in the hands of the government, it is the government that is responsible for inflation and not "the corporations". The coporations can lobby for an increase in the supply, they cannot increase the supply off their own bat.

Now, it is true that a corporation might induce a scarcity of the product or service they provide, driving up the price of their product, they may even collude with other corporate entities to "price fix", but if the money remains finite, the corporation quickly runs out of wriggle room to produce profit for their shareholders. They are also leaving the door open for someone to come in and undercut them with similar product/service. You show me one corporation that wants that outcome. I'm not aware of any myself.

It is also true there are those individuals in the public that produce nothing, yet open their beaks wide like a bunch of nested hatchlings and squawk to receive "their fair and equitable share". Again, assuming the government does not pander to their welfare whims by inflating the money supply for the purposes of communistic redistribution, inflation cannot occur since the money tokens and the supply of products and services is remaining static.

Bottom line, while greed drives the market for inflation, only one entity can provide that inflation and that entity, like it or lump it, is government. It is the government that is responsible for inflation and the government only.

I'm glad we had this discussion.
Posted by Frood
 - October 21, 2024, 05:11:03 PM
Inflation is mainly caused by flooding fiat money supplies, not corporate greed.

Commies always blame corporate greed over government greed.
Posted by Garraty_47
 - October 21, 2024, 04:09:12 PM
Quote from: Brent on October 21, 2024, 02:00:12 PMNow the Democrats are saying that if Trump deports millions of illegals it will raise wages, and cause inflation to rise. These are the same people that say a twenty buck an hour minimum wage will have no affect on inflation.

Inflation is caused primarily by corporate greed.
Even Kroger had to recently admit they raised prices beyond what was necessary just because they could, and wanted to jack up higher dividends for their shareholders. As all big corporations do. If a company is both buying back stock and laying off workers it's pretty clear they're operating in service to capital, not consumers.

If inflation and corporate profits both spike at the same time that shit ain't happening because of wages (which are undeniably far behind productivity and the cost of living) or anything else having to do with consumers. It's simply a wealth transfer to the people who need it the fucking least.
Posted by caskur
 - October 21, 2024, 03:39:33 PM
Quote from: Thiel on October 21, 2024, 03:16:12 PMI don't agree with everything on Trump's to do list. But, I don't agree with anything on the Harris to do list.

Well don't be afraid... tell me what you don't agree with and why?
Posted by Thiel
 - October 21, 2024, 03:16:12 PM
Quote from: caskur on October 21, 2024, 12:00:00 PMI have been to every rally just about and he talks about the economy more than immigration..
He talks about tariffs, bringing back the car industrusty, drilling for oil.

Lower taxes so people have more of their own money to spend.

I can't wait to see the changes.

Best of all stopping little kids stolen off their parents to be transitioned...

Dan Wootten says it is a homophobic action to transition kids.

Dan said when he was a little boy who liked playing girl stuff because he was a homosexual kid, he can't imagine if some ridiculous teacher thought he was a girl trapped in a males body, he would have been taken off his parents to be mutilated... it scares the hell out of him..  he is a man and he is homosexual. And very happy to be both.
I don't agree with everything on Trump's to do list. But, I don't agree with anything on the Harris to do list.
Posted by Brent
 - October 21, 2024, 02:00:12 PM
Now the Democrats are saying that if Trump deports millions of illegals it will raise wages, and cause inflation to rise. These are the same people that say a twenty buck an hour minimum wage will have no affect on inflation.
Posted by caskur
 - October 21, 2024, 12:00:00 PM
Quote from: Thiel on October 19, 2024, 07:44:20 PMThey are interconnected and so is inflation.

I have been to every rally just about and he talks about the economy more than immigration..
He talks about tariffs, bringing back the car industrusty, drilling for oil.

Lower taxes so people have more of their own money to spend.

I can't wait to see the changes.

Best of all stopping little kids stolen off their parents to be transitioned...

Dan Wootten says it is a homophobic action to transition kids.

Dan said when he was a little boy who liked playing girl stuff because he was a homosexual kid, he can't imagine if some ridiculous teacher thought he was a girl trapped in a males body, he would have been taken off his parents to be mutilated... it scares the hell out of him..  he is a man and he is homosexual. And very happy to be both.
Posted by Logic Sandwich
 - October 20, 2024, 02:03:29 PM
Quote from: Lab Flaker on October 19, 2024, 06:31:07 PMYeah he just reiterates what he's said at previous rallies. Most people have stated in the media that the economy should be a priority; and Trump has countered by saying that without the security of the borders, and by allowing illegals (some murderers, rapists, drug traffickers, terrorists etc) to enter into the US- the economy is doomed anyway.

He's giving the economy an important second place priority.
Given that the economy is that dependent on more effective control of the border (along with fixing the results of its effective non-existence over the last four years, pushing illegals back across it) I don't see anything "second place" about his prioritisation at all. It seems more to me like Trump is bothering to "show his working out" and presenting a coherent strategy that we're simply not seeing out of Kumdumpula when she mentions "the economy" as a precursor to some unrelated anecdotal waffle about her childhood.

Of course Trump could go further in outlining his plan, but I'm satisfied the premise is there; promising an economic fix is predicated on the relative absence of a bunch of non-citizens mooching off the tax coffers the citizenry are contributing to. Among other things of course, but border security is a significant aspect of it. By tackling the question of illegals, he's also taking on the question of the economy and if demonstrated track records are anything to go by, I'm prepared to accept the economy is going to fare a lot better under his hand than it otherwise would under Kumguzzla's.
Posted by Prof Emeritus at Fawk U
 - October 20, 2024, 01:38:16 PM
Quote from: caskur on October 20, 2024, 03:47:02 AMTrump knows what he is doing and the communists can go stuff themselves.



They actually enjoy that.
Posted by caskur
 - October 20, 2024, 03:49:58 AM
Quote from: Lab Flaker on October 19, 2024, 11:30:51 PMThat basically what I said... intrinsically connected if you will.

He is only deporting the illegals...

He said that immigration can only come in legally but catching the little vermin bastards isn't going to be easy is it?

Posted by caskur
 - October 20, 2024, 03:47:02 AM
Trump knows what he is doing and the communists can go stuff themselves.

Posted by Lab Flaker
 - October 19, 2024, 11:30:51 PM
Quote from: Thiel on October 19, 2024, 07:44:20 PMThey are interconnected and so is inflation.
That basically what I said... intrinsically connected if you will.
Posted by Thiel
 - October 19, 2024, 07:44:20 PM
Quote from: Lab Flaker on October 19, 2024, 06:31:07 PMYeah he just reiterates what he's said at previous rallies. Most people have stated in the media that the economy should be a priority; and Trump has countered by saying that without the security of the borders, and by allowing illegals (some murderers, rapists, drug traffickers, terrorists etc) to enter into the US- the economy is doomed anyway.

He's giving the economy an important second place priority.


They are interconnected and so is inflation.
Posted by Lab Flaker
 - October 19, 2024, 06:31:07 PM
Quote from: caskur on October 19, 2024, 06:19:49 PMHe said in Detroit yesterday deporting is starting as soon as he is signed in.

Yeah he just reiterates what he's said at previous rallies. Most people have stated in the media that the economy should be a priority; and Trump has countered by saying that without the security of the borders, and by allowing illegals (some murderers, rapists, drug traffickers, terrorists etc) to enter into the US- the economy is doomed anyway.

He's giving the economy an important second place priority.

Posted by caskur
 - October 19, 2024, 06:19:49 PM
He said in Detroit yesterday deporting is starting as soon as he is signed in.