I don't understand economics at all bros. It makes no fucking sense to me. I've tried tons of times to read books or watch stuff about it, but it seems like literal wizardry. Concepts like inflation, currency, paper money, how trade works, all of this makes no sense at all to me and I feel like a brainlet every time I have to discuss economics with someone.
Is there any way to learn this properly or should I just take the stance that economics is a Jewish trick?
I don't understand economics at all bros. It makes no fucking sense to me...
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Gonna elaborate more on those vague words, or are you going to be an obscurantist just like every other economics teacher on earth?
Read Economics in One Lesson by Henry Hazlitt. If you still can’t understand economics then just give up.
as opposed to moral authority, the controlling lever of religion
shiny = desire, desire begs possessions, possession establishes superiority, money makes a talking stick out of what would otherwise be irreconilable doubt
Tried that one. That book is garbage and doesn't even remotely explain economics and is usually recommended by A) people who have never read it and don't know its contents or B) don't understand economics itself.
Oh so you don't understand economics either. Got it.
not an argument
Its all horse trading bullshit
You are low IQ.
Best to just accept it
BUY HIGH SELL LOW NIGGA SHEEEEEEEEIT
Basic economics. It's not complicated but many people attempt to make it seem that way to hide their fuckery.
This Thomas Sowell quote taught me more about economics than 6 years of undergrad and grad school.
"There are no solutions there are only trade offs"
Read this
mises.org
wtfhappenedin1971.com
What do you want to know?
Basically the jews try to rig the economy so they can dictate more of the outcomes (ESG, QE, bailouts, lockdowns, etc.)
Nothing in this economy is real.
economics are just that, obscure wizardry.
Focus on the abstract ideas of worth and transaction and try to break difficult subjects down into logical bits.
Eventually it will kind of click, you can disregard most buzzwords once you know whats important for you to know about certain subjects.
Unless you're planning to become an economist you shouldn't waste your time on getting all the ins and outs. Just understand what is happening and how you can game that
I know this doesnt help you so here's a very dumbed down inflation;
economy is worth 10 apples. you have 5 and i have 5, except we dont trade these apples directly but through apple-coupons. the Issuer of these coupons creates more of these coupons, implying that the economy is now worth 15 apples.
Meanwhile the entirety of tradable, usable and tangible stuff in our little system is still 10 apples. Which leaves the issuer with 33% of total wealth to their disposal, leaving you and me with the other 66% (eg 10 coupons worth 0.66 x the original value)
Supply drives value down, so creating more coupons devalues all coupons already in the system. The entirety of coupons (or dollars, euros, pesos) should represent the entirety of readily tradable wealth (I think)
What’s the first example given in the book?
Basically:
>Money is only worth what people think it is
>Historically, the most safe best way to allocate your retirement has been in index funds tracking the American economy, like the S&P500 which tracks the top ~500 most valued companies
>My boss at my previous gig said something that will always stick with me: if the S&P is tanking for good, then you've got bigger problems to worry about than money which will be worthless
Economics is a pseudoscience. Market functionality isn't worth knowing and you should study ethics instead.
> blah blah blah
> * midwit jewish nonsense *
> blah blah blah (remember the six million)
cope
give it to me goyim, will take care of it better
you should get hit in the face pseud
Economics is literally one of the easiest subjecrs. Must have a nigger IQ
Economics is the art of stealing from people without them noticing
It's literally that simple
Economics in general isn't bad it's just that the current prevailing theory is promoted because it justifies the currency system we have. It's really not that complicated, we're all forced to use currency that the government can print at will. As they print more money into circulation the government spends that money on scarce goods and services, this drives prices up since there's more money competing for the same amount of stuff.
Think about how a game of Monopoly works. It starts out people are trading properties for like 100 bucks. As more and more money enters the game from people passing go there's more money but still the same number of properties, so people start trying to outbid each other.
it's not really that complicated. there are a lot of different ways to look at it but if you understand supply and demand, most everything else stems from that. The simplest way to think about it to me is money is used to purchase goods and services. if you increase money but don't increase goods and services by the same amount, prices will go up. If you decrease goods and services but money stays the same prices will go up. if you at least understand that much you're better off than most people. When the government prints money goods and services aren't increased in proportionate amounts, so prices go up. Wherever that printed money goes prices will increase. If they give it to banks to lend, housing prices and stocks will go up, and a lot of startup businesses will pop up(many of which will fail). If they give it to poor people you'd expect to see food prices, probably vehicles, booze, restaurants, and cigarettes go up. Think of inflation like an expanding balloon. The air in the balloon inflating is the money supply, and the size of the balloon is the rising prices(CPI). As more money is printed(inflation), the balloon gets bigger, but also gets weaker, eventually leading to it popping.
This, start with this, then basic economics by Thomas Sowell.
>Think about how a game of Monopoly works
Current economics is like playing a new game of monopoly with somebody who already won that asks you how much you like niggers and diversity and pays or jails you periodically based on your response
Three words.
Supply and Demand
Learn Calculus and Game Theory first
the only thing you need to know about economics is "with Jews you lose"
#109+1
3 good posts in a row
what are the odds
>Economics: when allowed to make financial and economic choices freely, the best possible situation occurs for everyone.
That's it. Every good thing happens because of the above and every bad thing happens because of the government. The ONLY thing a government should do with regards to economics is prevent the formation of monopolies.
see