Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Fox Business)   Stuff that people want more costs more. This is Ric Romero, reporting for Fox Business News   (foxbusiness.com) divider line
    More: Obvious, Inflation, yearly inflation rate, price of the stuff, Deflation, obvious inflationary pressures, lackluster price rises, Federal Reserve, second wave of Covid-19  
•       •       •

855 clicks; posted to Business » on 26 Sep 2020 at 12:30 PM (4 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



16 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2020-09-26 9:55:03 AM  
Good stuff ain't cheap

Cheap stuff ain't good

Film at 11
 
2020-09-26 10:52:05 AM  
If only someone hadn't slapped extra tariffs on to all the things that you want to buy.

Oh well
 
2020-09-26 12:12:43 PM  
Same goes for labor. With so many out of work, wages will be depressed even more.
 
2020-09-26 12:44:05 PM  
Some porr editor at Fox is going to get fired. This article wasn't supposed to run until mid November, and only if a certain criteria is met.
 
2020-09-26 12:45:32 PM  
Oh look real stupid con, is for real stupid people to fall for.

"Inflation is already here -- for the stuff you actually want to buy"

Anyone here falling for the bullshiat line that, water, food, and shelter, are just things you want to buy?
Is that all? Looks like you failed to notice  there is  a recall key distinction between what you want and what you need.


When the basic needs of life.
Food, shelter and water, are WITH HELD FROM YOU UNLESS YOU MAKE IT PROFITABLE ENOUGH FOR SOME ELSE.

The you do not have any actual right to your own life at all, if the needs of that life are not themselves a right you have.
And they are not, because you can be left to die of thirst, starvation and exposure to the elements.
Unless you are severing up a profit, those higher on the ladder than you, to their satisfaction.


Kinda looks more like a situaiotn of indentured servitude at best. But instead of having to first borrow to be indebted. You just get born to owning others a profit each day you expect to have food, shelter and water, that is a prerequisite of life itself. Little more like serfdom really.

If they say you have a right, but there is a barrier to that right, then i you don't really have that right.
A right is something that has no barrier to obtain, but is guaranteed to you, by virtue of nothing more than being born to a civilization that decided that was a Right to have.

But here we just say you have that right, and as most are too lacking in critical thinking skills to figure out other wise, truth is we were simply told, this is the same jungle it has elver been for hundreds of thousand of years.
nothing is any differetn now, you will compete with everyone else for everything you ever need or want.
 
2020-09-26 3:42:39 PM  
"Stuff that people want more costs more."

...As someone to just bought something off of e-bay, I can relate to that statement.
 
2020-09-26 5:28:16 PM  

boozehat: "Stuff that people want more costs more."

...As someone to just bought something off of e-bay, I can relate to that statement.


As can I. As a profession auto tech I try saving cash getting tools on eBay, the professional stuff on the tool trucks is pretty expensive and after shipping costs it nearly the same as just getting it off the trucks. Once in a great while I may save a few bucks on a really obscure tool or 2 but not too often.

But as tech wages do not keep up with inflation and the complexity more and more are leaving the trade leaving less customers for the tool companies to sell to. But you would think prices would drop for this reason, nope.
 
2020-09-26 7:49:36 PM  
Good thing Powell and the Federal Reserve is aiming to go in hot on inflation. Not like there is 26m people unemployed, and that no one can afford to live anymore.
 
2020-09-26 8:28:48 PM  
Supply and demand, people.
 
2020-09-26 8:29:42 PM  

Pinche Mateo: Good stuff ain't cheap

Cheap stuff ain't good

Film at 11


Fark user imageView Full Size
 
2020-09-27 1:36:15 AM  

kdawg7736: Pinche Mateo: Good stuff ain't cheap

Cheap stuff ain't good

Film at 11

[Fark user image 184x273]


Pennsyltucky? I rest my case.
 
2020-09-27 9:13:58 AM  

Pinche Mateo: Good stuff ain't cheap

Cheap stuff ain't good

Film at 11


Unless it can be digitized. Then it should be effectively free, as there is an infinite supply of it. It's only artificial scarcity that keeps it expensive.
 
2020-09-27 9:24:58 AM  

Pinche Mateo: kdawg7736: Pinche Mateo: Good stuff ain't cheap

Cheap stuff ain't good

Film at 11

[Fark user image 184x273]

Pennsyltucky? I rest my case.


Yep.
 
2020-09-27 9:58:19 AM  
Ramen noodles still insanely cheap, porn still free.

Or so I've heard.
 
2020-09-27 9:14:48 PM  
LOL, meat and dairy have been ridiculously expensive for the last five years. They don't follow any principles of supply and demand. The markets have been glutted forever, and prices just keep going up.  Are these asswipes just figuring this out?
 
2020-09-28 12:37:20 AM  

iaazathot: LOL, meat and dairy have been ridiculously expensive for the last five years. They don't follow any principles of supply and demand. The markets have been glutted forever, and prices just keep going up.  Are these asswipes just figuring this out?


I'm lucky enough I don't have to pay attention to food prices and do goofy things like buy 4 dollars per pound fancy cotton candy grapes (they are great, but moon drop are half the price and better imo).

That said, elastic demand is present even for foods that aren't needs. But elastic demand doesn't mean supply and demand principles don't apply at all to steaks or cheese. Somewhere, at the margin, there will indeed be people adjusting their purchasing when meat goes up.
 
Displayed 16 of 16 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking





On Twitter



  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.