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re: CNN floating the idea of price controls

Posted on 1/18/22 at 4:15 pm to
Posted by JoeXiden
Member since Oct 2021
194 posts
Posted on 1/18/22 at 4:15 pm to
Sad they had to refer to an MIT professor to explain basic economics. Unbelievable levels of arrogance from the media, which is saying something.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 1/18/22 at 4:23 pm to
quote:

It doesnt make you a communist to see that these companies are unchecked and need to be
no it just makes you stupid and sort of a communist. Jesus Christ you people literally fall for the same s*** over and over and over again decade after decade completely immune to information
Posted by hawkeye007
Member since Feb 2010
5907 posts
Posted on 1/18/22 at 4:54 pm to
Enough with the “you people shite” explain your point.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 1/18/22 at 6:03 pm to
because they carry the progressive bag

trust me, this has been in the plans allllll along as terrible and unpopular as it may be

so to program the audience, start by letting CNN and MSNBC float it out there for a bit.

then... a little more.

then ... politicians will mention it.

then .. actually try and hide it in a bill ...

it's part of the playbook. Carter 70s style stagflation baby - let's do it!!!
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 1/18/22 at 6:07 pm to
quote:

Enough with the “you people shite” explain your point.

Simple

You geniuses are STILL, after DECADES, surprised to discover that market do not have instant feedback and therefore, inevitably have ups and downs. And, without fail, you think that every time there is unevenness in the market, you need to "fix" it. COMPLETELY OBLIVIOUS to the reality that government fricking completely blows at the task and that any negatives you see in the market are compounded exponentially by your ideas.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 1/18/22 at 6:12 pm to
more regulation at any point in the supply chain sure as frick won't solve these issues

seriously.

competition, innovation, LOWERING cost of entry will.

Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 1/18/22 at 6:13 pm to
quote:

more regulation at any point in the supply chain sure as frick won't solve these issues

seriously.


THIS TIME IT WILL WORK GODDAMIT!!!!
Posted by Scruffy
Kansas City
Member since Jul 2011
72320 posts
Posted on 1/18/22 at 6:17 pm to
quote:

You geniuses are STILL, after DECADES, surprised to discover that market do not have instant feedback and therefore, inevitably have ups and downs. And, without fail, you think that every time there is unevenness in the market, you need to "fix" it. COMPLETELY OBLIVIOUS to the reality that government fricking completely blows at the task and that any negatives you see in the market are compounded exponentially by your ideas.
You also fail to mention how nearly every issue that posters like Hawkeye want to fix usually arise from some poorly thought out government intervention.
Posted by TNTigerman
James Island
Member since Sep 2012
10550 posts
Posted on 1/18/22 at 6:41 pm to
quote:

FFS, either dems and the media are the dumbest fricking people alive, or they are the most evil people ever known to man. History is absolutely littered with examples of why this shite never works, yet here is a MSM outlet advocating for it.

Watching this country destroy itself at the behest of the MSM is the most disgusting thing I've ever witnessed in my life, because we know precisely where it leads.

People who follow the news know what's happening in the world. People who understand Bible Prophecy know why it's happening.
Posted by Loserman
Member since Sep 2007
21999 posts
Posted on 1/18/22 at 6:55 pm to
Price controls cause a depression
Posted by Auburn1968
NYC
Member since Mar 2019
19924 posts
Posted on 1/18/22 at 7:05 pm to
See how price controls work:

Posted by FlyingTiger1955
Member since Jan 2019
5765 posts
Posted on 1/18/22 at 7:18 pm to
I remember when Nixon tried that. It didn’t work to well.
Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 1/18/22 at 7:47 pm to
quote:

massive profit taking is bullshite


Exactly what is occurring because everyone with a pulse can see that a huge market correction is coming. All that printed and borrowed money is fueling wallstreet. The chickens will come home to roost at some point.
Posted by sostan
Louisiana
Member since Jul 2010
1065 posts
Posted on 1/18/22 at 8:30 pm to
When the government fuchs up everything under the Sun, the only possible solution is....moar govment!

Fuching progs. SMFH
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 1/18/22 at 9:14 pm to
quote:

big coperations are raking in record profits and the american consumer is paying for it. Inflation is out of control and they are using that as an excuse to raise the price of almost all goods. Shouldnt this inflation affect their bottom line also? CNN sucks arse but just blaming rising prices on inflation and not massive profit taking is bullshite

It truly is shocking how economically ignorant people still are. You people are literally immune to experience. The same bullcrap that people fell for and bought into a hundred years ago still happens now. It's hopeless.
Posted by momentoftruth87
Member since Oct 2013
72432 posts
Posted on 1/18/22 at 9:16 pm to
Yep deregulate and let the market correct itself. Too bad big biz wouldn’t agree. We will just continue watching the equilibrium rise.
Posted by beulahland
Little D'arbonne
Member since Jan 2013
3596 posts
Posted on 1/18/22 at 9:22 pm to
In Soviet Russia, all prices controlled.
Posted by Azkiger
Member since Nov 2016
21856 posts
Posted on 1/18/22 at 9:25 pm to
quote:


CNN floating the idea of price controls


You want to throw gas on a fire?

That's how you throw gas on a fire.
Posted by Azkiger
Member since Nov 2016
21856 posts
Posted on 1/18/22 at 9:28 pm to
quote:

big coperations are raking in record profits and the american consumer is paying for it.


Still can't believe people are buying Biden's "talking" points.
Posted by SoDakHawk
South Dakota
Member since Jun 2014
8628 posts
Posted on 1/18/22 at 9:39 pm to
quote:

this is true but they are passing more than inflation onto the amercan consumer. price control is not the answer but letting big corporations have record years of profit while the consumer pays 40% on average more for most goods is total bull shite.


No it's not.

First, those record profits are in dollars that are worth much less than they were a year ago so it takes more of them to equal the same purchasing power.

Second, I'm invested in those stocks as a hedge against out if control inflation. In order to outrun 7% inflation I need to see returns on those stock investments of about 13%. I'm getting that plus more right now. So I'm hedged against Joe's F'ed up economy, for now.
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