The lobsters have entered a state of Piagetian equilibrium!
this post was submitted on 20 Apr 2024
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You missed the "Thanks Obama"
and i understand it
Where are the stock buy backs on the supply and demand curve?
There was that one DuckTales episode about it….
Was Lobster Price voiced by Vincent?
Wasn't that the "high" lobster named Price episode? LOVED that tie died shell of his!
It’s market price.
What market are they shopping at?!
Yeah but the wording is basically: "Prices are higher because they are".
It's just ambiguity of the word lobster. They mean all lobster dishes are more expensive because the main ingredient is more expensive.
Yeah, this is pretty common with higher end seafood places, but I'm guessing their supplier jacked up the prices.
Although the wording is technically accurate, probably could have been worded like “Market price for all lobster dishes has increased due to higher supplier pricing”
“We’re definitely not practicing a make-believe science designed to make sure the wealthy always benefit no matter the economic circumstances,” said the last economist with a fading shred of hope.
Stockholders expect unlimited growth. This has no drawbacks and is a realistic expectation
This is just terrible planning. I hate that economic philosophy.
Inflation is real, though, and it is also theft.
Which is why you take out a shit ton of loans when interest rates plummet again, let the banks take the hit on inflation.
They win anyways in the US at least. They borrow from the fed which means that they can take a loan out at a lower rate than they give you and pocket the difference. Then if it was not enough they can resell and repackage loans and let some other sucker deal with it. Annnd if that not enough they can create derivatives on packages of the loans (2008 was example of it blowing up) and sell those. And for icing on the cake if they somehow fuck it up (as they have in the past) they can get bailed out, give themselves bonuses and do it all again
Tbh, not a bad strategy.
Which is why everyone and their mother remortgaged a few years ago. No one is getting a deal like that again.
How very optimistic.