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no, Spanky, he was correct. I'm explaining it in terms

Posted on: November 15, 2017 at 12:18:12 CT
90Tiger STL
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you might understand.

Production, not consumption, drives an economy.

(period) whether product A has demand at the micro level isn't relevant; it's you chasing a red herring.
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Clearing up some common misconceptions - pickle MU - 11/15 11:24:38
     Who cares? (nm) - MUGuy2004 STL - 11/15 13:00:21
     Brilliant analysis. Oh, been to Venezuela lately. - GA Tiger MU - 11/15 12:32:50
          Venezuela is an example of a government that rebuked - ummmm MU - 11/15 12:41:14
     WADR: #3 is not correct - ScottsdaleTiger MU - 11/15 12:03:40
          Monopolies are either direct govt. creations or indirect - ummmm MU - 11/15 12:11:27
               That ignores scarcity of resources (nm) - DC Jayhawk KU - 11/15 12:28:11
                    Then we are really getting into the weeds and we could - ummmm MU - 11/15 12:31:43
                         I'd have to think about that. - DC Jayhawk KU - 11/15 12:37:45
                              That does not constitute a monopoly (nm) - pickle MU - 11/15 12:53:03
                                   How would you define a monopoly? - DC Jayhawk KU - 11/15 12:59:59
                              But that doesn't mean that aluminum doesn't have any - ummmm MU - 11/15 12:40:04
          All three points are correct - pickle MU - 11/15 12:08:27
          "dominant market share is not a monopoly" - - 90Tiger MU - 11/15 12:06:20
     Production for the sake of production is wasteful - MrBlueSky MU - 11/15 11:29:33
          That's a different issue. - ummmm MU - 11/15 12:12:26
          He doesn't understand that demand drives production - Spanky KU - 11/15 12:01:49
               Demand is constituted by supply. - ummmm MU - 11/15 12:13:07
               no spanky, VHS isn't produced because someone advanced - 90Tiger MU - 11/15 12:03:24
                    But what if someone kept producing VHS tapes? - Spanky KU - 11/15 12:06:43
                         The concept that production precedes consumption - ummmm MU - 11/15 12:18:18
                              Nah.. It's just a von Mises concept - Spanky KU - 11/15 13:43:01
                                   No, it's a classical concept of economics - ummmm MU - 11/15 13:45:22
                                        And then also consider this: - ummmm MU - 11/15 13:46:17
                         no, production of something people want will. there - 90Tiger MU - 11/15 12:09:32
                              So THAT'S what cucumber meant to say - Spanky KU - 11/15 12:16:26
                                   Demand is constituted by supply. - ummmm MU - 11/15 12:20:32
                                        Demand is satisfied by supply - Spanky KU - 11/15 12:24:15
                                             Reread the definition of demand as I have graciously - ummmm MU - 11/15 12:29:40
                                                  Can there be 'unsatisfied' demand? - Spanky KU - 11/15 12:47:37
                                                       No, there is no such thing as "unsatisfied demand" - ummmm MU - 11/15 12:53:39
                                                            Then you are clearly not a businessman or logistician - Spanky KU - 11/15 13:22:43
                                                                 jfc lol (nm) - 90Tiger MU - 11/15 14:00:09
                                                                 This is apparently over your head - ummmm MU - 11/15 13:24:34
                                   no, Spanky, he was correct. I'm explaining it in terms - 90Tiger MU - 11/15 12:18:12
                                        consumption is the true economic driver. - Spanky KU - 11/15 12:32:49
                                             On a micro level, sure. - ummmm MU - 11/15 12:40:40
                                   No, that's incorrect (nm) - pickle MU - 11/15 12:17:13
                         Holy **** (nm) - pickle MU - 11/15 12:09:20
                              it is impressive how passionate he is about remaining - 90Tiger MU - 11/15 12:10:16
                                   This is one of many situations with Spanky - ummmm MU - 11/15 12:23:53
                                        yup (nm) - 90Tiger MU - 11/15 12:47:07
          just one word to demonstrate how wrong you are - 90Tiger MU - 11/15 11:31:56
     RE: Clearing up some common misconceptions - JG MU - 11/15 11:28:30
          lol - 90Tiger MU - 11/15 12:13:15
               We can argue and bicker about why - JG MU - 11/15 13:05:54




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