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I regret to inform you that the hotdog is a landlord.
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Nov 3, 2022 23:05
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Zamujasa posted:phew, good thing this was already covered And this https://www.youtube.com/watch?v=NY1P1N00BZ8 Its weird, its like money has velocity, until some greedy gently caress decides they want to run up their score. Anyways, we need a few more presence patrols going on around this thread. Let the enemy know not to try anything here.
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Nov 3, 2022 23:06
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Hot dogs burgers and sandwiches ate nothing, Kebab is the superior food. The only thing greater than kebab is Bánh mì
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Nov 3, 2022 23:08
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I'm hungry for char siu. A char siu sandwich would kick rear end.
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Nov 3, 2022 23:09
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hypnophant posted:fundamentally, this only happens because the bigger store is able to offer lower prices than two competing smaller stores could because of economies of scale. There isn’t any other advantage to being big; you keep out competitors by undercutting them on price. If you can raise your prices and still undercut any potential competitors, the price increases aren’t because of your profit margin; they’re because costs have gone up for everyone. That's a pretty naive take. There are a million ways to keep out competitors including but not limited to:
Thia is before you even get to the advantages of being a larger established incumbent (lower prices from bulk purchases, established vendors, established customer bases and loyalty programs, etc. etc.)
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Nov 3, 2022 23:20
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Vincent Van Goatse posted:I'm hungry for char siu. My dude I will make you a char siu smoked pork belly sammich that will blow your loving mind
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Nov 3, 2022 23:23
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Zamujasa posted:phew, good thing this was already covered that article is free of details but I assume you have them and can show us how the perfidious Bread Price Fixing Scheme resulted in increased costs to the consumer of some amount the consumer would actually notice, like a tenth of a percentage point of their grocery budget or something? because if this was a plot to overcharge for bread by like 0.002%, and it's been found out and is resulting in criminal charges, then that does not at all convince me of how I'm wrong about grocery pricing power Steezo posted:And this https://www.youtube.com/watch?v=NY1P1N00BZ8 wow a sound bite and a poster board from a congressional hearing??? what a compelling argument!! also I spent all of five minutes researching this (found the clip on c-span, googled and couldn't find the paper) and the paper isn't about food price inflation specifically. It doesn't claim and you shouldn't assume that the percentages are even across sectors; the author (who is the guy speaking) says price increases were highest in sectors where companies have pricing power, which again, is not in retail groceries El Mero Mero posted:That's a pretty naive take. There are a million ways to keep out competitors including but not limited to: most of these are very expensive compared to just keeping your prices low enough that competitors don't try to enter the market in the first place. buying up unnecessary real estate, buying up potential competitors, and bribing or threatening your suppliers are expensive and risky, while keeping prices low is cheap and tends to make your business more stable over time by building a good relationship with your customers. the other advantages - the economies of scale I was talking about, which includes your relationship with both your vendors and customers - are things that enable you to keep those prices low and still make large profits, not things that cause you to want to raise prices. political corruption, localism and capture are problems, I agree. But I don't think they're responsible for % increases in food prices across the country.
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Nov 3, 2022 23:29
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hypnophant posted:that article is free of details but I assume you have them and can show us how the perfidious Bread Price Fixing Scheme resulted in increased costs to the consumer of some amount the consumer would actually notice, like a tenth of a percentage point of their grocery budget or something? because if this was a plot to overcharge for bread by like 0.002%, and it's been found out and is resulting in criminal charges, then that does not at all convince me of how I'm wrong about grocery pricing power You're getting baited into the weeds in bad faith.
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Nov 3, 2022 23:31
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I was on the fence about posting Musk Dumb Thing Number One: https://twitter.com/joshtpm/status/1588271675933704192 Then there's th-HEY I REALLY LIKE YOUR FEET POST TITS https://twitter.com/ClaraJeffery/status/1588293173532454913 I AM EL0N MUSK, PAY ME $5 AND I'LL DM YOU A MEME https://twitter.com/ClaraJeffery/status/1588295736944312320 facialimpediment fucked around with this message at 23:40 on Nov 3, 2022 |
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Nov 3, 2022 23:34
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lightpole posted:You're getting baited into the weeds in bad faith. Honestly if anything, I dragged this argument into the weeds, sorry to anyone who didn't want to read too many words about grocery prices
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Nov 3, 2022 23:53
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lightpole posted:You're getting baited into the weeds in bad faith. The bad faith was coming from the guy going "price gouging isn't the problem, ignore the record profits, and Katie Porter doesn't know what she's talking about." It is the problem and she does, in fact, know what she's talking about.
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Nov 4, 2022 00:06
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economics talk? booooring
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Nov 4, 2022 00:08
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ThisIsJohnWayne posted:Hot dogs burgers and sandwiches ate nothing, Kebab is the superior food. The only thing greater than kebab is Bánh mì  Watching Musk tank Twitter is :chefkiss: hopefully he follows Lowtax and leaves this mortal plane
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Nov 4, 2022 00:09
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Didn't some rear end in a top hat chop down an ancient tree in one of our national parks back during trumps big government shutdown? I did google it but I can't remember the details of which state
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Nov 4, 2022 00:09
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Milo and POTUS posted:Didn't some rear end in a top hat chop down an ancient tree in one of our national parks back during trumps big government shutdown? I did google it but I can't remember the details of which state I wanna say it was Joshua Tree NP
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Nov 4, 2022 00:16
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Milo and POTUS posted:Didn't some rear end in a top hat chop down an ancient tree in one of our national parks back during trumps big government shutdown? I did google it but I can't remember the details of which state Nick Soapdish posted:I wanna say it was Joshua Tree NP indeed one of the first results for "idiot chops down tree national park government shutdown". i wasn't expecting to actually find it
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Nov 4, 2022 00:25
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Nick Soapdish posted:Watching Musk tank Twitter is :chefkiss: hopefully he follows Lowtax and leaves this mortal plane Check out the clusterfuck he's about to unleash: https://twitter.com/ariehkovler/status/1588305369616764929 $8/month to be verified @BofaBank and demand that olds reset their password at [shadylink] and give them a DEEZ NUTS private message after you empty their bank accounts
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Nov 4, 2022 00:28
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hypnophant posted:yeah and because revenue is larger than cost, the absolute change in revenue is bigger than the absolute change in cost, when the relative change is zero. that’s how percentages work thats all fine and dandy if every expense was paid out when inflation was at its lowest. But spending doesnt happen all at once, it happens continuously. They might be saving a bit on paying their employees, but maintenance, material cost, shipping costs, all have gone up with the inflation rate. Theres not some massive gap, costs scale with inflation. Edit: so if corporations are posting record profits its because their emplpyee's wages have not scaled with inflation. And therefore, record profits during inflation shouldnt be happening. PROFIT IS UNPAID LABOUR. My Spirit Otter fucked around with this message at 00:39 on Nov 4, 2022 |
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Nov 4, 2022 00:30
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lol called that they weren’t going to bother doing the actual verification part after expanding the potential user base so much
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Nov 4, 2022 00:31
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When will they have the premium checkmark level, where you can change it to other icons, like the various badges for platinum available here?
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Nov 4, 2022 00:31
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Tiny Timbs posted:lol called that they weren’t going to bother doing the actual verification part after expanding the potential user base so much I dont thinl anyone thought they would. Half the fun of twitter is satire. Nobody is going to pay for a verification that forces a static name.
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Nov 4, 2022 00:32
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Zamujasa posted:indeed Well now they're saying they pulled an oopsie daisy on it
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Nov 4, 2022 00:37
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hypnophant posted:no. corporations are profitable when they have access to a labor pool of educated, healthy workers in secure housing and with reliable access to transportation. They also need good infrastructure to connect them to their suppliers and customers, and good governance to reduce systemic uncertainty; from natural disasters, from political instability, and from crime. This is why the most profitable companies are found in the most developed cities; because that is where the the deepest and most productive labor pools, the best infrastructure, the least volatile governments are all located. None of this improves when schools get worse or people’s health care gets cut off or the housing stock crumbles from lack of occupancy. Ok so if corporations are going up in profit margins while “have access to a labor pool of educated, healthy workers in secure housing and with reliable access to transportation” along with “good infrastructure” are declining how does that work?
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Nov 4, 2022 00:52
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Also "least volatile governments" is a weird way to say bought and paid for politicians with lobbying money
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Nov 4, 2022 00:54
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i use twitter for work and had a discussion with the team about 'what do we do if twitter implodes?' and the consensus was 'lol' and also 'lmao' and 'loving lol' and 'one less thing to worry about' so here's to hoping!
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Nov 4, 2022 00:58
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everyone is sick of it so if you want to keep getting schooled in basic economics feel free to pm me, but if marx’s contributions to humanity had included sound political economic theory well we wouldn’t be having this loving conversation any more would we
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Nov 4, 2022 01:06
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dawg just log off
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Nov 4, 2022 01:08
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Lol with employees fleeing wonder how long it will take for major celebrity or corporate accounts to be hacked and not get fixed for like a week or morefacialimpediment posted:Then there's th-HEY I REALLY LIKE YOUR FEET POST TITS This seems similar to the early days of cameo when folk figured out they could send insults to Joe Arpario to record and he’d reject them but they knew he was reading them and weren’t charged anything.
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Nov 4, 2022 01:11
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hypnophant posted:everyone is sick of it so if you want to keep getting schooled in basic economics feel free to pm me, but if marx’s contributions to humanity had included sound political economic theory well we wouldn’t be having this loving conversation any more would we Not sure if you’re talking to me but I honestly was asking you a question in my last post.
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Nov 4, 2022 01:11
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hypnophant posted:everyone is sick of it so if you want to keep getting schooled in basic economics feel free to pm me, but if marx’s contributions to humanity had included sound political economic theory well we wouldn’t be having this loving conversation any more would we only you, because youre wrong and dont want to embarass yourself anymore.
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Nov 4, 2022 01:21
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That Works posted:Not sure if you’re talking to me but I honestly was asking you a question in my last post. How does what work? the corporations are in the areas (cities) that have good schools and hospitals and infrastructure. The areas that lack those things are more and more impoverished every year. What part of that do you think contradicts what I said? Why do you think the richest state is DC and the second richest is New York and Mississippi is the bottom of the list?
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Nov 4, 2022 01:21
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That probably has more to do with a civil war
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Nov 4, 2022 01:36
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hypnophant posted:How does what work? the corporations are in the areas (cities) that have good schools and hospitals and infrastructure. The areas that lack those things are more and more impoverished every year. What part of that do you think contradicts what I said? Why do you think the richest state is DC and the second richest is New York and Mississippi is the bottom of the list? Because those sectors are generally in decline across the board, even in cities that are ahead of the curve, yet corporations who require the things you mentioned don’t seem to be in decline. Regional granularity to individual corporation profit isn’t something I’ve seen that much of. Any good resource for that?
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Nov 4, 2022 01:38
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Atlanta burned to the ground during said Civil War. Ohio remains Ohio. Meanwhile, the bloodletting begins at Twitter: https://twitter.com/oneunderscore__/status/1588327896120430595?t=5U6fpeGYsB9r-C1GHhTAIw&s=19
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Nov 4, 2022 01:38
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My Spirit Otter posted:only you, because youre wrong and dont want to embarass yourself anymore. This is the internet equivalent of talking poo poo at the guy walking away. It’s not a great look. Edit- I’m posting about posting and I’m sorry about that, McNally- I won’t say anything further on the matter. In current events: Kyrie Irving is suspended without pay for refusing to say isn’t an anti-Semite. Boy are there… opinions out there. LtCol J. Krusinski fucked around with this message at 01:45 on Nov 4, 2022 |
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Nov 4, 2022 01:42
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Discussion Quorum posted:Meanwhile, the bloodletting begins at Twitter: Yashar got the whole email and it really *is* slot machine layoffs: https://twitter.com/yashar/status/1588327845348093952 And the wild thing is that per Ben, most of twitter's people WANT to get fired so they can collect their severance, versus possibly getting fired for cause for disagreeing with Elon and the toxic bro culture he brought in/empowered.
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Nov 4, 2022 01:43
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Discussion Quorum posted:Atlanta burned to the ground during said Civil War. Ohio remains Ohio. I thinking burning to the ground is a lesser punishment than remaining ohio LtCol J. Krusinski posted:This is the internet equivalent of talking poo poo at the guy walking away. 
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Nov 4, 2022 01:50
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CBS on that suspension I mentioned:CBS posted:
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Nov 4, 2022 01:50
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LtCol J. Krusinski posted:CBS on that suspension I mentioned: Yeah it's purestrain Black Israelite poo poo, but the especially anti-Semitic kind. Adam Silver and the NBA tried their loving damnedest to keep their heads down and practically begged Kyrie to just do the basic apology stuff. So instead he says "well, I didn't make the movie!" At some point you're not a different thinker, you're just an rear end in a top hat. Most of these people lately are missing that point!
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Nov 4, 2022 01:56
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i don't think i've ever seen a company quite so publicly collapse as twitter is currently doingMy Spirit Otter posted:I thinking burning to the ground is a lesser punishment than remaining ohio they told sherman he could only leave ohio if he burnt a city to the ground, the rest is history also costco opened here recently and i have a few thoughts 1) their hotdogs are real good and only 2 nzd with a drink, which is like.... a quarter, USD? 2) you can buy an economy size 5lb package of american cheese slices, so i may have to reenact one of my favourite Simpsons scenes one night 3) their meat is good quality, i smoked a brisket and it was excellent A+++ would save money on bulk purchases again
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Nov 4, 2022 01:57
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