Socialism

[Speaker to Animals]

You have no idea what you are talking about. The demand curve is not affected. The supply curve shifts and intersects at a higher efficient price.

Yeah dudes. We just raise the prices, and demand stays the same. Win win win!!

You really have no idea what you are talking about.

Price is dependent upon supply and demand curves. Shift the supply curve to the left, and the intersection point goes up (prices go up). Shift the supply curve the other way and prices go down, since the curves intersect at a lower price point.

Tariffs shift the supply curve such that prices go up. Demand curve remains unaffected. Grok that?

You are play-acting as somebody who understands capitalism when really you know fuck all about it.

[Zlaxer]

He confusing demand curve with equilibrium.

[SuburbanFarmer]

Somebody discovered a basic concept of economics, and has declared himself an expert.

[Speaker to Animals]

He confusing demand curve with equilibrium.

I would not even give him that. He has no idea that price is dependent upon supply and demand curves. Supply and demand are dependent upon price in his little world.

[Fife]

Give me the quick and dirty on how the federal government can move, in toto, a macro supply curve for a given consumer or capital good with a direct tax on that good (as a single variable adjustment).

I'm always ready for a fresh lesson on macro elasticity.

[Zlaxer]

Give me the quick and dirty on how the federal government can move, in toto, a macro supply curve for a given consumer or capital good with a direct tax on that good (as a single variable adjustment).

I'm always ready for a fresh lesson on macro elasticity.

The dont - they can shift the equlibrium.

[Fife]

You statists bring ever growing brilliance to the term "market failure."

:goteam: :drunk:


OK, humor me; give me the quick and dirty on how the federal government selects and then imposes a new "equilibrium" as a market clearing price on any product.

Literally any product. You pick one and give me a basic explanation of how the state will select and impose a market clearing price. You don't even have to show me how the state will adjust the price as needed; just get me to a starting point.

[Speaker to Animals]

Give me the quick and dirty on how the federal government can move, in toto, a macro supply curve for a given consumer or capital good with a direct tax on that good (as a single variable adjustment).

I'm always ready for a fresh lesson on macro elasticity.

The dont - they can shift the equlibrium.

Tariffs shift the supply curve.

Say you are some Chinese dildo manufacturer who is willing to sell your thousand dildos at ten dollars a pop to retailers. Trump throws down a tariff that translates to five dollars per unit. Assuming you can still profit under that, your new situation is that you would like to sell your thousand dildos at fifteen dollars a pop.

This happens to all the Chinese dildo manufacturers along the supply curve.

Will there still be dildos wholesaling at ten dollars? Maybe, maybe not. But yours won't be.

When you shift the supply curve in either direction, as long as the demand curve remains unchanged, the price will go up or down, depending upon the direction of the shift.


Even more to the point: possibly lots of your Chinese dildo competitors will be unable to make a profit now and will remove their products from supply.

[Fife]

Ergo, the curve is stable.

As in, frozen as stiff as a Chinese rainbow dildo.

Now do steel. Or iPhones. Or anything. You're on a roll now.

[Speaker to Animals]

No. If you change the input costs, you change the curve.