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Ultragigagigantic@lemmy.world to memes@lemmy.world · 1 year ago

Line go up

lemmy.world

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Line go up

lemmy.world

Ultragigagigantic@lemmy.world to memes@lemmy.world · 1 year ago
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  • Nobody@lemmy.world
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    1 year ago

    “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.

    • guldukat@lemmy.world
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      1 year ago

      Stockholders expect unlimited growth. This has no drawbacks and is a realistic expectation

      • bastion@feddit.nl
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        1 year ago

        This is just terrible planning. I hate that economic philosophy.

        Inflation is real, though, and it is also theft.

        • Kalkaline @leminal.space
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          1 year ago

          Which is why you take out a shit ton of loans when interest rates plummet again, let the banks take the hit on inflation.

          • bastion@feddit.nl
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            1 year ago

            Tbh, not a bad strategy.

            • Kalkaline @leminal.space
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              1 year ago

              Which is why everyone and their mother remortgaged a few years ago. No one is getting a deal like that again.

              • bastion@feddit.nl
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                1 year ago

                How very optimistic.

          • tentacles9999@lemmynsfw.com
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            1 year ago

            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

  • Wanderer@lemm.ee
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    1 year ago

    • Sorgan71@lemmy.world
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      1 year ago

    • Kalkaline @leminal.space
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      1 year ago

      Where are the stock buy backs on the supply and demand curve?

  • zqwzzle@lemmy.ca
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    1 year ago

    It’s market price.

    • HopFlop@discuss.tchncs.de
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      Yeah but the wording is basically: “Prices are higher because they are”.

      • RecluseRamble@lemmy.dbzer0.com
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        1 year ago

        It’s just ambiguity of the word lobster. They mean all lobster dishes are more expensive because the main ingredient is more expensive.

    • pearsaltchocolatebar@discuss.online
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      1 year ago

      Yeah, this is pretty common with higher end seafood places, but I’m guessing their supplier jacked up the prices.

      • kautau@lemmy.world
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        1 year ago

        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”

      • zqwzzle@lemmy.ca
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        1 year ago

        https://m.youtube.com/shorts/UC3gEXZJKMM

    • Jackcooper@lemmy.world
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      1 year ago

      What market are they shopping at?!

  • pewgar_seemsimandroid@lemmy.blahaj.zone
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    1 year ago

    and i understand it

  • intensely_human@lemm.ee
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    1 year ago

    The lobsters have entered a state of Piagetian equilibrium!

  • JusticeForPorygon@lemmy.world
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    1 year ago

    You missed the “Thanks Obama”

  • neuracnu@lemmy.blahaj.zone
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    1 year ago

    There was that one DuckTales episode about it….

    • Flying Squid@lemmy.world
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      1 year ago

      Was Lobster Price voiced by Vincent?

    • Old_Fat_White_Guy@lemmy.world
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      1 year ago

      Wasn’t that the “high” lobster named Price episode? LOVED that tie died shell of his!

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