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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (115438)1/9/2016 11:34:53 AM
From: bart13  Respond to of 219606
 
Like the 1930s there's too many producers of just about everything, so the prices of most everything continue to fall - to the consternation of those unfamiliar with economic concepts

You just made a total fool of yourself (yet again) by contradicting your very own words... unless of course you were just spewing from your failed ideology, which remains quite sadly humorous, and expected. You even predicted prices of just about everything falling due to too many producers and then denied the same thing will happen with wages. Apparently wages aren't prices - LOL! First it's too many producers, and now its not enough demand from the 1%ers when you were busted from your very own words. LOL, what a maroon!

To you, the only solution to a lack of demand is to sharply reduce all wages.

And then you blame your own idiocy on me - LOL! And you can't even find anything I said to quote and prove your wrong assertions about me favoring lowering wages, other than from quoting your own words! You're so upset about Trump and removing political correctness etc. from progressives lying and spinning arsenal that you can't even think.

Do some real research for a change and find out how much of total demand is historically generated by the 1%, or do I need to build another chart and show how stupid, failed and wrong you are like I did about Reagan, monetary base, inflation, velocity, etc?



To: Elroy Jetson who wrote (115438)1/9/2016 2:25:30 PM
From: elmatador  Read Replies (1) | Respond to of 219606
 
Having income concentrated in the small wealthy segment of the population causes a lack of demand as most of that income is saved rather than spent.

That is why I keep complaining about capital hogging