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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (7872)8/28/2021 4:36:05 AM
From: Maurice Winn2 Recommendations

Recommended By
gg cox
SirWalterRalegh

  Read Replies (9) | Respond to of 13780
 
Being a registered international economic genius, I can also solve the "empty shelves" problem.

Put the price up from $1 to $10 and see if people still want to empty the shelves. If they are still emptying, try $100. Or $1000.

That will have the happy outcome of not just leaving the shelves with lots of stock, but will make profits so large that the doubled or quadrupled pay rates will be easily paid while also doubling the profits for the business owners.

Hey presto, no employee shortage and shelves with stock ready to be bought.

Sometimes customers whine like a fleet of Koreans that the prices are too high. They should get a real job paying them more money so that they can afford to pay the new higher prices.

Please nominate me for TWO Nobel Economic prizes or maybe just one would be enough. I think I'll call it "Supply and Demand Balancing = Price Discovery." It's surprising nobody has thought of it before but it often surprises me how obvious ideas are considered genius.

Mqurice



To: elmatador who wrote (7872)8/28/2021 9:27:24 AM
From: arun gera1 Recommendation

Recommended By
elmatador

  Read Replies (1) | Respond to of 13780
 
<According to MQ is just a matter of doubling the salaries and workers appear out of thin air>
It seems MQ has never run a decent sized business.
-Arun



To: elmatador who wrote (7872)8/28/2021 2:00:22 PM
From: Elroy Jetson1 Recommendation

Recommended By
elmatador

  Read Replies (1) | Respond to of 13780
 
That's largely true and inevitable over the next 12 months given the constraints the UK has imposed on their economy with Brexit.

According to MQ is just a matter of doubling the salaries and workers appear out of thin air

With Brexit the UK has prohibited themselves from hiring workers from the EU to work on their farms, in transport, construction, and thousands of other jobs. Their thinking appears to be that lazy UK bludgers on the dole will take these jobs and employers will be satisfied with their performance.

I believe ultimately UK employers will force their government to issue plentiful work visas for EU workers and they'll need to pay for their social benefits such as healthcare and retirement, either directly to the EU or indirectly through the workers.
.

Post-Brexit UK will end up looking very much like the UK as an EU member, but with extra costs, no say in the EU and without their extra benefits that the Germans called "Extra-Wurst" to keep the UK 'happy'. The UK left the EU by sawing off an arm.