if Obama gives them money and they now utilize Joe's services when they would not have before the transfer of wealth, Joe still wins. Maybe Joe loses a bit when he goes to the grocery and prices are higher because of the extra money being printed/redistributed, but overall Joe wins more than he los...

MangoMan wrote: When you say "more goods + same production = lower general price level" are you referring to to Joe or the entire economy?

Whooops I meant:

more goods + same money supply = lower general price level

Kshartle Giving out money to help people buy stuff won't help producers. Consumers don't benefit the producers, it's the other way around. One wrinkle I can see in this is that innovative products only become worth creating if the very large development cost can be spread over many units sold. I ha...

It sure seems that iPhones, after the first or second model, have sure been in demand prior to their being produced.  What do you call that?  Anticipation? How about all the "kickstart" projects where advertising tries to drum up demand and if enough demand is evident, the "producer&...

Reub wrote: Yes. And besides, who wants the IRS after them?

Don't forget the drones and secret "tribunals".

He can kill you with an executive order and lock you up without charges.

Ohhh but don't worry I think he said he won't do any of that even though he approved of the powers.

Joe has a profitable service business, but is not working 40 hours per week because he just doesn't have enough clients due expense in his services. There is demand for those services, but many people feel that they can not afford them so they go without. More production [Joe's labor] would be driv...

The last piece of advice I have is to consider donating appreciated shares of stock to charity, if you're so inclined. You get the full tax deduction from the total value of the appreciated shares, and no one pays taxes on the earnings. Not you nor the charity. Wouldn't that be unpatriotic and unfa...

To add to that, there is no demand until production takes place. You can't demand what hasn't been produced. There was no demand for iPhones until the first ones were made. It sure seems that iPhones, after the first or second model, have sure been in demand prior to their being produced.  What do ...

The author was claiming primarily that if income inequality got too high and too many people got pissed off about it, that there is a very real chance that those angry people will rise up and kill people like him, just like they did in a number of Asian and Latin American countries throughout the 2...

All this time I thought "mumbo jumbo" was very intelligently referring to something objective rather than an emotional subjective thing.  ;) Mumbo Jumbo (roller coaster), a roller coaster at Flamingo Land Resort, UK Mumbo Jumbo (Banjo-Kazooie), a video-game character "Mumbo Jumbo&quo...

"Consumer" appears to have been re-defined to mean "somebody who either produces nothing or produces less than he consumes." "Producer" appears to have been re-defined to mean "somebody who produces more than he consumes." Defining the terms in these manners ...

1. Consumption is totally dependent on production, and not the other way around, because no one can consume anything that has not been produced. To add to that, there is no demand until production takes place. You can't demand what hasn't been produced. There was no demand for iPhones until the fir...

I am fascinated that he openly states he is going to, for all practical purposes, either break the law or not enforce it .... and the general populace, or congress, or the supreme court, does not even blink.  It looks like he has the capability to hypnotize the masses.  It really is bizarre to me, ...

I can't deal with this anymore. I'm leaving this thread. Because of me giving Kshartle a hard time, and asking him to send me his worthless currency?  If so, please just ignore and go forward.  I won't be disturbing the thread again! Believe me, it wasn't you. I'm just tired of all this pointless n...

And the fact that generation after generation of people embrace central economic planning despite its disastrous track record, well, that's just depressing. The central planners never stop trying to convince them they can get something for nothing. All they have to do is support the central planners.

Desert wrote:
Please send me your valueless money, immediately.  I've discovered a use for it. 

What's that? I already mention lighting a fire, you can also ummm roll....ciggarettes with it.

Reub wrote: While we're at it, isn't it easier to look for secret conspiracies surrounding 9/11 then to deal with the murderous ideology from whence it came?

It's certainly easier to use it as the excuse to bomb and invade rather than actually understand anything about it.

How did appeasing Hitler work out? I can't remember? (fondles left side of mustache). Did it cool him down, or did he do something naughty? Hmm? how did England and France declaring war on him work out? How did it work out for Poland? How did it work out for the population of the Jews in Europe? Ho...

Do you guys not understand that "consumer" has an economic definition that implies a means of payment? A robber is not a consumer in these kind of discussions. A person who walks into Wal-Mart with a credit card is. So of course the consumer benefits the producer. He purchases what the pr...

Of course a consumer will have to provide something of value.  In our economy, it is almost always money.  Our money doesn't have value, that's the thing that really screws up our economy and makes us poorer than we would otherwise be. That's what hurts our production. Our money is conjured out of ...

Awesome. So then, if you agree that production is done only when it coincides with forecasts of projected consumption appreciation/enjoyment/valuation whatever… …then would it be safe to say that you actually agree that production and consumption appreciation/enjoyment/valuation/whatever are in fac...

Awesome. So then, if you agree that production is done only when it coincides with forecasts of projected consumption appreciation/enjoyment/valuation whatever… …then would it be safe to say that you actually agree that production and consumption appreciation/enjoyment/valuation/whatever are in fac...

Pointedstick wrote: Okay fine.

My point is that nobody produces something that they don't forecast that the intended recipient of the good or service can make use of/consume/enjoy/looking at/demonstrate with their actions that they value/etc.

Do you agree with that?

yes

Did we end up deafeting Al Queda? If we did I missed it. Or are they now our allies again, I forget? What about the Axis of Evil? Did Iran get the bomb yet? When is N Korea going to get us? I remember Bush saying they were part of the Axis of evil along with Iraq. Since Iraq turned out be a scam, di...

Something must be produced before it can be consumed. But that thing will only be produced if the producer forecasts that it will be consumed. Desert island example: I can't use a fishing rod until I produce it. But I would only produce a fishing rod if I anticipated using it because there were cat...