So that was a load of crap that doesn’t go into the causes of inflation. Here’s a brief summary of how inflation actually works:

Inflation is when the value of a good grows IN PROPORTION to the value of money. Yes, both things have value independent of each other, and as such, we can see supply driven inflation if a country’s currency is devalued with respect to other countries, as it makes it difficult to import feedstock.

There are two primary causes of inflation: supply driven inflation, and demand driven inflation. Supply driven inflation is when not enough goods are produced, as with covid supply chain disruptions. Demand driven inflation is when demand grows with respect to supply, as with using graphics cards to mine bitcoin.

It should be noted that even these are market forces caused by suppliers and consumers, suppliers and consumers themselves don’t directly set prices. The people who own the suppliers do. They must read and manipulate market conditions in order to get the most profit out of their product.

During covid, we have had supply driven inflation due to supply chain disruptions, and hoarding to a lesser degree. However, when these issues have been resolved, we haven’t witnessed prices going back to normal. This is because the bourgeois have successfully read and manipulated market conditions.

In a way, what the bourge has done is a variant of the application of the mass line. They saw that material conditions had forced consumers to acclimate to higher prices, making the conditions ripe for another price increase. So that’s what they did, then they sold it as the new normal.

TBC

🏴‍☠️

You can use a small knife to depress the tab that locks into the ratcheting.

I do it a lot to re-use zip ties

Capitalism vs socialism

I put it in chart for for you as well. To get an exploitation ranking score, I took the differences between the cases sent and received, then divided it by the log of the gdp of the country.

So a smaller country that sends more suits like the Netherlands, will be more exploitative.

Imgur.com/a/qiko10x

I got the feeling that it was EU import restrictions that they mainly didn’t like.

There was a lot of difficulty getting goods into the EU from Britain after brexit, so those restrictions may have applied to imports into Britain prior to brexit. Looking at the data, there has been a spike in imports after Brexit despite covid and lockdowns. (Fig 1.1)

https://ukandeu.ac.uk/wp-content/uploads/2022/04/UKICE-Supply-Chains-Report_Final.pdf

Also, someone explain why the top 10% are getting almost as much social benefits and non-profit funding as the 0-10%?

Should have used a third party

‘ 1. I just learned that Hasan and Penguinz0 are different people

‘ 2. I learned what pokimane sounds like and I don’t understand how people can watch her, much less how she became popular.

I grow ever more impatient for the revolution.

The answer is no, because of the fundamental differences in how Japan and China are run.

Japan is modeled off of a capitalist imperialist economy, similar to the US. And as such, it will stagnate and requires imperialism and increasing levels of exploitation to maintain its economy. It does not have the tools or methodology to develop further without imperialism. And thus, it stagnates.

Meanwhile, China is socialist. It uses dialectical materialism to solve social issues and promote cohesion. And instead of profit, it will seek to optimize material conditions, and identify the barriers to doing so, creating a strategy for development. Through Marxian economics, it understands that productivity comes through cooperation and labour, and not profit. Optimization can be performed throughout the supply chain through central planning.

China runs under C—>M—>C, while Japan runs under M—>C—>M.

China does have problems but it also has the tools to solve them, instead of just sweeping it under the rug.

You can see the signs even towards the end of life for MW. As MWII came out, they decreased the quality of gameplay of MW through updates.

Also note that if you extend the landing gears, then that also increases material requirements and would be not only heavier but also more difficult to manufacture.

Sucks, but this is why public transport is important

Yea pretty much. If businesses are exposed to circumstances that makes them think they they can get away with increasing profits, they will.

So increased velocity of money, richer customers, more demand for their products, etc. will all contribute to that decision.

I remember in 2020 I was doing analysis on this situation and found a trend that there’s massive inflation after every recession. And since this was a massive recession, I kind of expected that this would happen.

How prices are set, is that it’s a deviation from previous prices.

So if supply driven inflation from covid has been made the baseline, (lack of supply resulting in low inventory and higher prices) then that’s an equivalent to a free pass to increase prices from suppliers and retailers.

Idiot put a list of properties they own right on their website.

Freedom, but not your freedom.

Because it’s not just showing how absurd consumerism is, but rather these types of videos perpetuate consumerism.

Why are we giving this guy more views?