Crash Course: Chapter 16 - Fuzzy Numbers (1 of 2) by Chris Martenson
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@dellwon Answer= most people are simply not capable. So this means things will get much worse before they get better.
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@TEHREALBOB thanks
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lol that hedonics thingie... of course we get better televisions every year as tecknology improves...
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@dellwon it's true, sadly. youtube peter schiff if you want to protect your... well, wealth.
hint. gold and silver.
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More rediculous is that government spending ADDs to GDP. My thinking is that to take from the private sector (either current or future) in the form of taxes, has a zero net gain.
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great chapter! I didn't believe in idols until I saw this guy. Very depressing, but true. Thanks Chris! People are so fucking stupid, we shouldn't exist.
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It's cleverly done by the Fed. First, they increase inflation as a hidden tax on the population. And then they publish bogus statistics to hide their thievery.
2 years ago 3
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11,337 Views :P
CPI is already covered by natural market laws such as supply and demand. this is ridiculous.
Substitution: The market already adjusts for this. If people do not buy something expensive, it will reduce in price. Supply and Demand.
Geometric Weighting: THIS IS THE VERY DEFINITION OF SUPPLY AND DEMAND FFS.
Hedonics: When something newer and better comes out, people stop buying the older product and it drops in price. Supply and Demand.
This makes no sense whatsoever.
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Its so sad that no one reports on this stuff. we are all being lied to. I hope this isn't true, if so we are all simply being manipulated, kept ignorant and left in the dark on these things. When will we wake up as a people and demand truth? how long will we put up with this crap?
dellwon 2 years ago 12
...hedonics is so ridiculous.
surgednb 2 years ago 12