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RE: That's not an "investment". That's consumption, which is a

Posted on: July 8, 2021 at 21:14:38 CT
raskolnikov MU
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God you are an ignorant little sht. It is NOT about over-consumption. If people are motivated to consume TODAY - yes it is in some homes consuming washers, dryers, AC, refrigerators - for others, the majority such purchases are more of an investment. And Greider's point is dead on.

What happens in six months ? People see the price increases of the preceding six months and purchase in the new now - again driving the economy which - in a consumption-based economy all happens in the now.
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Someone get CNBC a copy of Economics in One Lesson - ummmm MU - 7/8 20:51:08
     RE: Someone get CNBC a copy of Economics in One Lesson - TigerMatt - 7/8 22:07:09
     and an archived copy of Tigerboard - JG A - 7/8 21:39:31
     good lord (nm) - Sal CMSU - 7/8 21:37:52
     Moderate inflation is a boon to the economy - raskolnikov MU - 7/8 20:55:24
          Try taking economics, instead of talking points - RHAYWORTH MU - 7/8 21:04:14
               RE: Try taking economics, instead of talking points - raskolnikov MU - 7/8 21:05:32
          How is moderate inflation a boon for the economy? (nm) - ummmm MU - 7/8 20:56:54
               Yer a Moran (nm) - TigerFan92 STL - 7/8 22:48:43
               RE: How is moderate inflation a boon for the economy? (nm) - raskolnikov MU - 7/8 21:02:14
                    lmfao - pickle MU - 7/8 23:37:15
                    Oh my(nm) - 4TigersinMichigan MU - 7/8 21:11:10
                    That's not an "investment". That's consumption, which is a - ummmm MU - 7/8 21:08:34
                         RE: That's not an "investment". That's consumption, which is a - raskolnikov MU - 7/8 21:14:38
                              it appears you didn't understand Greider's point at all - ashtray UF - 7/9 08:18:32
                              But in the new now, people bought in the old now. - ummmm MU - 7/8 21:23:31
                                   RE: But in the new now, people bought in the old now. - raskolnikov MU - 7/8 21:34:53
                                        Then an effective marketing campaign for big ticket items - Bulldog Bob Brown STL - 7/8 21:40:54
                                             lol (nm) - Sal CMSU - 7/8 21:42:24
                                        So everyone who wants the item buys now. - ummmm MU - 7/8 21:40:44
                                             It’s what we saw from cash for clunkers - 4TigersinMichigan MU - 7/8 21:44:24
                                             According to his logic they will - Sal CMSU - 7/8 21:42:13
                                             That would certainly be less than $1250 - Bulldog Bob Brown STL - 7/8 21:41:34
                                        You are flailing (nm) - Sal CMSU - 7/8 21:39:22
                              I sh*t you not - 4TigersinMichigan MU - 7/8 21:17:22
                                   RE: I sh*t you not - raskolnikov MU - 7/8 21:19:10
                                        Stick to watching TV - 4TigersinMichigan MU - 7/8 21:22:28
               lol, this will be good (nm) - 90Tiger STL - 7/8 20:58:20
                    RE: lol, this will be good (nm) - raskolnikov MU - 7/8 21:05:01
                         You're the stupidest MF'er on this board (nm) - 90Tiger STL - 7/9 17:56:01




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