> The economy is dependent on the price of goods remaining the same no matter what > > if the value of my money changes that is very bad > > there should be one price for everything
This is the most retarded idea ever posted on a board that also hosts the senile thoughts of Syntax.
Syntax joined in and replied with this 7 years ago, 8 minutes later, 1 day after the original post[^][v]#902,500
@previous (E)
Yo I wood have replied to this topic but alas I needed a decoder ring to understand it and the one I have failed in this respect
Anonymous A (OP) replied with this 7 years ago, 1 minute later, 1 day after the original post[^][v]#902,501
@902,499 (E)
But it is what most Anti-Bitcoin armchair economists really actually believe.
Main argument made against bitcoin is that the price of goods fluctuates. So by extending that logic, Walmart is violating economic laws when they ROLL-BACK the price of paper towels by 80%.
Syntax replied with this 7 years ago, 2 minutes later, 1 day after the original post[^][v]#902,502
@previous (A)
Ah finally you rite text I can reply2 > Walmart is violating economic laws when they ROLL-BACK the price of paper towels by 80%.
That is called a Loss Leader. Actually Walmart is in all their wisdom strikes a deal with a company so they can still break even and not take a loss when they pull off this tacit
I have yet to visit a Walmart and I promised Meta I wood
(Edited 26 seconds later.)
Anonymous A (OP) replied with this 7 years ago, 5 minutes later, 1 day after the original post[^][v]#902,503
@previous (Syntax)
Would you agree that when conditions change so do prices?
You normally wouldn't pay $22 for a McCombo meal, but at an airport or Disney World you might.
So, location and context definitely matter when it comes to price. It's no big wonder that value fluctuates over time; Time is naught but your physical position in a higher-dimensional system.
(Edited 53 seconds later.)
Syntax replied with this 7 years ago, 17 minutes later, 1 day after the original post[^][v]#902,508
@previous (A) > Time is naught but your physical position in a higher-dimensional system.
I need a more better decoder ring for that
Sure location matters and HIGH Rents may make it necessary for one to charge more than in a low rent location
Rule is one should charge what the market will bear - And a competitor could make the same product and charge less and still make money in theory anyway
Anonymous B replied with this 7 years ago, 1 hour later, 1 day after the original post[^][v]#902,519
What happens is that the competitor joins in on the scam.
Syntax replied with this 7 years ago, 9 minutes later, 1 day after the original post[^][v]#902,524
@previous (B)
hummmmm - I end up as a consultant working for people who compete against each other. In theory it keeps the cost of product to consumer LESS - In practice because they have to keep upgrading product constantly at Billions in cost the cost of product does not fall - In practice the quality of the product has improved like crazy - 5G which is ongoing in development will be beyond EXPENSIVE
Someone You will have to front that expense
Anonymous B replied with this 7 years ago, 6 minutes later, 1 day after the original post[^][v]#902,525
Syntax replied with this 7 years ago, 3 minutes later, 1 day after the original post[^][v]#902,526
@previous (B)
LoL
Well in theory depending on where you live you can keep that until 2020 and T-Mobil as it looks currently will be the last provider of such dial up like technology