The National Debt Thread

[Martin Hash]

It almost sounds like you believe the value of a product should be correlated to the costs in labor and inputs to produce it.

??? The price of a product is whatever it was yesterday. How much money there is in the world is immaterial.

[Speaker to Animals]

It almost sounds like you believe the value of a product should be correlated to the costs in labor and inputs to produce it.

??? The price of a product is whatever it was yesterday.

The value of a product is determined by supply and demand.

The operative condition of demand being the amount of money potential customers will pay, which itself scales up as you throw monopoly bucks at them.

[Martin Hash]

You mean like when production is NOT equal to consumption?

[Speaker to Animals]

No.

The value of anything is always determined by the market.

If you have a surplus of anything (production exv3eds consumption), then the price plummets.

If you throw free money into the market, the price rises.

[Martin Hash]

I’ve talked about pig farming before too. The price only drops until the producers are gone, then it rises sharply.

[Martin Hash]

Everytime somebody borrows money, that is the same as printing it.

[Speaker to Animals]

Everytime somebody borrows money, that is the same as printing it.

Bingo


Usery is theft.

[Martin Hash]

And no inflation yet... $50 trillion in.

[Speaker to Animals]

Inflation is everywhere. Housing prices, tuition, car prices.

Everything heavily leveraged with debt is inflated as fuck.

[Speaker to Animals]

Why do you think they fuck with interest and margins to deflate the stock market?

The stock market is mostly bullshit because of the leverage.