Sunday, April 27, 2008

Basic Supply and Demand in real life?!!

Link: http://consumerist.com/384208/whats-the-deal-with-all-this-rice-and-flour-hoarding

Alright so this shows how basic supply and demand shapes into our everyday lives. People are hoarding rice and flour because the supply has been dwindling for quite some time now albeit slowly. The problem has grown to much higher levels though just because retailers can't sell as much as they want to yet the demand is GINORMUS. This is only gonna turn worse in the short run if the perfect competition graph holds true, but as we all know, LIFE is not a damn graph so it doesn't necessarily have to stick to it. Businesses will hoard up stuff to make profits off of individuals versus selling it all off at once just so that they have more a steady flow of cash versus having a "sine wave" type of sales chart.

So there you have it, supply and demand in yo' face. The only problem is that everything is gonna start getting expensive, and with summer approaching its not gonna help the old checkbook (or new if you just got a new checkbook, or is you use cash which is a whole nother elephant to ward off) out much. So what are you crazy nuts going to get out of this?

Wednesday, April 2, 2008

Counterfeit Money = Good? What the hell?

Alright so I caught this guy trying to give me a fake $50 at the gas station. I threw it at him and told him to give me some real money and to take his sorry ass home or else I'm gonna call the cops and beat the shit out of him until they get here. He paid up and left so then I started to go on a thought tangent.

If someone circulates fake bills then doesn't that in an indirect way help the economy? It provides a few new goods to be produced so that people have stuff to check the bills with. Then there are the jobs created for companies who make such things. And the people at banks start paying more attention to the bills they take in so that the fake bills don't impact their drawers. People also have more jobs due to needing pupils to reinforce the idea that the bills are out there and to police people who create and try to distribute the bills. So in the end doesn't a fake 5 or 10 do some real good to people out there? Not that counterfeiting money is a good thing or that you can try to pull off a stunt telling the cop that you are just trying to help the economy, but it does seem to help right?

Let me know your opinions...