Comment by TeMPOraL
12 hours ago
Costs were lower for all of 5 minutes before prices of everything else adjusted to capture the surplus.
12 hours ago
Costs were lower for all of 5 minutes before prices of everything else adjusted to capture the surplus.
This is not how economics works. Please think through your mechanism.
The people setting the prices are not some omniscient backroom of guys smoking cigars. They are thousands and thousands of people much like you can me, competing with each other.
This is how it works. Free market forces keep the median discretionary income near zero.
No they do not.
https://fred.stlouisfed.org/series/DSPIC96
https://fred.stlouisfed.org/series/PCEC96
1 reply →
"Free market forces"
hahahah pls stop posting about economics. For people who have gone much deeper on this branches of knowledge and have a far greater understanding of how it fits in reality - your posts are insulting to read. Stop.