White guys confusing their egos with their intellects. But that technology was invented by only a small percentage of them. But many having knowledge is not many having intelligence.
The economists have been doing the math WRONG for decades.
All machines wear out including those bought by consumers. What happened to the depreciation of all of the cars since the Moon landing. 20 years of BAD ALGEBRA.
If accounting had been mandatory for all high school kids since 1960 the what would be the economic state now? Nobody knows. We created CHAOS by building it on IGNORANCE.
MORONS that want power want other people IGNORANT!
@Zander101084 The equation is NDP = GDP - Depreciation
But that depreciation is Capital Goods only. Cars purchased by consumers are not Capital Goods therefore they can wear out without Depreciating. But the Banks that made the car loans don't agree with that.
Americans have bought their way into slavery and economist let it happen. Encouraged it in fact. The college textbooks are WRONG!
Yeah, the optimistic peak of the 50s.
White guys confusing their egos with their intellects. But that technology was invented by only a small percentage of them. But many having knowledge is not many having intelligence.
AllDaySCIfi 4 weeks ago
nice video
guadalupejoe1 5 months ago
This is BS!
The economists have been doing the math WRONG for decades.
All machines wear out including those bought by consumers. What happened to the depreciation of all of the cars since the Moon landing. 20 years of BAD ALGEBRA.
If accounting had been mandatory for all high school kids since 1960 the what would be the economic state now? Nobody knows. We created CHAOS by building it on IGNORANCE.
MORONS that want power want other people IGNORANT!
psikeyhackr 9 months ago
@psikeyhackr i suspect nobody here has gone to collage lol
Zander101084 4 weeks ago
@Zander101084 The equation is NDP = GDP - Depreciation
But that depreciation is Capital Goods only. Cars purchased by consumers are not Capital Goods therefore they can wear out without Depreciating. But the Banks that made the car loans don't agree with that.
Americans have bought their way into slavery and economist let it happen. Encouraged it in fact. The college textbooks are WRONG!
psikeyhackr 4 weeks ago
@psikeyhackr let these people take themselves seriously. why encourage a stupid group of people to bother the rest of us.
Zander101084 4 weeks ago