And you are a lemming.
https://katehon.com/en/article/money-and-myth-barter
(this took all of 14 seconds to find.)
Yep, a person who is aware of the history of the conflict. Not someone, like you, who believes the violence started on Oct. 7th. And that is where you take your cue from.
“Sorry, your assessment was correct. Sometimes I don’t think things through because I’m kinda dumb. That said, changing the subject, our system is different now than it was during the downfall of Detroit motors.”
-Castoli
Explain how “capitalism” is different as it realtes to the auto industry.
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Press x for doubt.
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Take that @cyclonengineer he found a blog post, by who the hell knows containing zero evidence, that supports his weird position on the existence of barter economics.
Castoli, we get it, you just take the opposite position on every topic regardless of how dumb it sounds and your requirement for evidence is anyone’s word on the subject.
You can stop now, we get it.
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I know my history Castoli the Clown
violence has been going on since the days of Abraham
Like i said, if you support what hamas did, then you are a special kind of POS
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Well he doesn’t believe in the validity of peer reviewed articles so it tracks perfectly with his clown world understanding.
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A shortage of products with lower quantity demanded doesn’t lower the purchasing power per monetary unit. No wonder you can’t get a real career and failed at life.
There’s no medium of exchange tokens. I trade my pig for loafs of bread, that guy then traded the pig for three roosters. Explain how inflation occurs. You can’t.
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Yeah especially the ones who are driven by the pay-to-play corruption. And other forms of bullshit.
Do you support the open-air prison that the Israelis force the Palestinians to live under day-in and day-out? Do you support the Israeli’s cutting off the access to water, food and electricity? Do you support the apartheid state that the Israelis have created? If so, then you are a POS.
Various anthropologists have pointed out that this barter economy has never been witnessed as researchers have traveled to undeveloped parts of the globe. “No example of a barter economy, pure and simple, has ever been described, let alone the emergence from it of money,” wrote the Cambridge anthropology professor Caroline Humphrey in a 1985 paper. “All available ethnography suggests that there never has been such a thing.”
Humphrey isn’t alone. Other academics, including the French sociologist Marcel Mauss, and the Cambridge political economist Geoffrey Ingham have long espoused similar arguments.
Don’t worry usmccds423 I get it, you just pledge allegiance to the daily propaganda you swallow. Surface knowledge is where you reside.
You can stop it now, I get it and have for some time.
Late-stage capitalism is different. The make another buck no matter the consequence is different. A natural lean for a system that leads to inexorable quest for more profits no matter the cost… A voracious appetite for more. Greed as it’s guiding principle. This is woven in to all industries. More, more, more…it never ends.
How many manufacturing jobs were shipped to different countries during Ford’s time?
Do think think the people who head corporations give a shit of the thousands of family lives they help to destroy, when they move jobs overseas? No. Because they are making another buck. Nothing else matters.
If/when the auto corporations can make it feasible to move production elsewhere they will. Do you really think they would have buckled to the demands of the UAW if they could have picked up and just left? I read that some of the UAW contracts made it so the cumulative wage for an auto worker came in between $88-$89/hour. Now wouldn’t they just pick-up and move somewhere else if they could?
Have more industries had the phenomenon of less competition and concentration of power? Giving people less choice. When choice interferes with profit, which is sacrificed?
Ford made it so his employees could afford what they were assembling. Is it just as easy today or more difficult?
And the blog poster doesn’t make money off his blog?
We have been through all this ad nauseum. Your failure to comprehend is the constant through line.
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This is like saying dinosaurs never existed because no one has seen one alive.
What happens if the people don’t need/want your pig? You get a problem called coincidence of wants. No inflation involved.
I doesn’t lead to inflation. No shit! That is what demand-pull inflation is.
usmccds423 believes that one should be able to pillage for decades w/o consequence.
If people don’t need/want the pig, that means that the value of that pig decreases and the purchasing per barter unit (no money) of other things increases, which is the opposite of inflation, you bartending rube.
Demand is only what people can buy, not what they want. The “demand pull” and “supply push” inflation are nonsense that came from the idiot Keynes, who said building pyramids and burying jars of money would cure a recession. No wonder you buy it. A person making $30K a year cannot demand a Ferrari, they can want one, but it does not count as demand.
Yet again you keep embarrassing yourself. Since you have such a great view of economics (lol) why don’t you go work for a macro strategy of FX at Citadel, Renaissance, or Bridgewater?
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You just quote the blog post, ya doofus…
Amazing.
You misspelled “You’re right, I was wrong” but continue.
We have, I don’t know, a hundred labor laws now that didn’t exist when the Model T was created. We have a plethora of environmental laws that didn’t exist. I know you like to just say drivel like this, but acting like every company tries to make money no matter the consequence is just ridiculous. Do you understand how much money companies put into things that reduce the bottom-line? That’s rhetorical because I know you don’t.
You literally trade currency. Absolutely baffling.
Sure thing boss. That’s why corporations give $20+ billion dollars to charities per year. To, checks notes, maximize profits. Your entire worldview is built from internet videos and blog posts not actually working here in reality.
I don’t know when offshoring because prevalent.
You understand that reducing COGS also helps people, right? It’s not black or white and, no, I’m not about to try and explain it to you.
Well it worked out great for them didn’t it.
I’m not talking about the current issue with the UAW; however, if you think American car companies can afford $178,000/year for an average worker I’ve got beach front property in Kansas to sell you.
The UAW’s actions ALLOWED new competition to enter the US market specifically Japanese cars. What are you even talking about.
Doofus, read up on the UAW strikes and subsequent downfall of Detroit. They literally paid their workers to sit in classrooms while Honda and Toyota took massive portions of market share.
Probably via advertising which is even funnier.
I get that you’re retarded, but that’s no excuse to support terrorism.
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