Is Biden really that bad?

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schuylaar

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injinji said:
It seems some of our MAGA members doesn't know how supply and demand works. So I will explain it where they can understand it.

Imagine you wanted to buy a ten pack of seeds of the latest most popular strain. But the seed company will only release 10 ten packs in an auction, and there are 100 growers trying to buy them. The scarcity will cause the individual growers to pay more than they want to if they really want to grow that strain. In this case the scarcity is artificial. The seed company have tons of seeds, but they only release a few at a time. They can make the same amount of money selling less seeds.

Now imagine that car companies thought folks would buy less cars because of the pandemic, so they cancelled orders for computer chips. Now imagine that the chip makers sold those chips to other customers. And in the mean time, lots of the middle and upper income folks were working from home, not going out to eat, or go on vacation while they were making the same money as before, so they were saving thousands of dollars per month. With lots of them living in cities, they suddenly wanted to buy cars so they could get out in the countryside. But the car companies didn't have enough cars to sell them. Did they sell what they had at the old prices, first come, first served? No, they raised the prices as high as the market would bear.

Now image the same bunch of folks suddenly bought lots of shit off Amazon and other online shopping sites. And the factories in Asia were understaffed due to the pandemic so their output was less than normal. Since there was so much stuff being shipped all of a sudden, there was a shortage of shipping containers. Did the shipping companies keep charging the same amount per container? No they kept raising the price per container until the supply and demand equaled out. (the price of shipping a container from China to the West Coast actually doubled from $10K to $20K from July to September) So the cost of retail and online stores went up sharply. Amazon raised the price until the supply and demand equaled out.

Now imagine everything you buy is impacted by this set of events, and you will have a better understanding of the way the world works.
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i imagine not buying any of their over-priced, inflation baiting goods- this is what happened during the Trump Pandemic when evil henchman The Kush went and out bid against states while telling them they're on their own; cancelling orders.

refuse to purchase! Lucky's Market and JAX carry tons of items made in Colorado; support YOUR state AND nation this gift giving season!

the AOC 'Tax The Rich' comes in many items now for the inner Progressive in you, your family. Made in the USA by Union.


so what did they do? they shipped jobs oversees.


we like to pay our way..but are called Welfare Queen instead same time in history after they shipped our jobs away.
 
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HGCC

HGCC

Well-Known Member
injinji said:
It seems some of our MAGA members doesn't know how supply and demand works. So I will explain it where they can understand it.

Imagine you wanted to buy a ten pack of seeds of the latest most popular strain. But the seed company will only release 10 ten packs in an auction, and there are 100 growers trying to buy them. The scarcity will cause the individual growers to pay more than they want to if they really want to grow that strain. In this case the scarcity is artificial. The seed company have tons of seeds, but they only release a few at a time. They can make the same amount of money selling less seeds.

Now imagine that car companies thought folks would buy less cars because of the pandemic, so they cancelled orders for computer chips. Now imagine that the chip makers sold those chips to other customers. And in the mean time, lots of the middle and upper income folks were working from home, not going out to eat, or go on vacation while they were making the same money as before, so they were saving thousands of dollars per month. With lots of them living in cities, they suddenly wanted to buy cars so they could get out in the countryside. But the car companies didn't have enough cars to sell them. Did they sell what they had at the old prices, first come, first served? No, they raised the prices as high as the market would bear.

Now image the same bunch of folks suddenly bought lots of shit off Amazon and other online shopping sites. And the factories in Asia were understaffed due to the pandemic so their output was less than normal. Since there was so much stuff being shipped all of a sudden, there was a shortage of shipping containers. Did the shipping companies keep charging the same amount per container? No they kept raising the price per container until the supply and demand equaled out. (the price of shipping a container from China to the West Coast actually doubled from $10K to $20K from July to September) So the cost of retail and online stores went up sharply. Amazon raised the price until the supply and demand equaled out.

Now imagine everything you buy is impacted by this set of events, and you will have a better understanding of the way the world works.
Click to expand...
Man that was a good post, hopefully some people read it.
 
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