@ViandeTiede666@TheAliceSmith What comes first, government intervention into capitalism? Or corporate intervention into government? Does our government own the corporations or vice versa? Hint: RNC and DNC are corporations.
@DkALLLDay@Real_RobN@FuzzyTomCat@GenFlynn Why? What did the Capitol breach accomplish? What, exactly, was happening in Congress when the breach occurred, and what was the political effect of the breach on that action, after Congress reconvened? Why did Trump call people to DC promising it would be “a wild time?”
@uncledoomer Explain to me the life of a btc/sat you own, earned as payment for your services, then used by you as payment. Best case is you’re a miner and actually earn btc untraceably. Buy groceries or pay an electric bill in a way that doesn’t correlate your btc payment to an account.
@PerBylund No, demand is a reaction on current PRICE. Demand does not react to supply, except in pathological cases such as shortages in supply due to price controls and emergencies.
@PerBylund An increase in demand at a current price leads to an increase in price to equalize supply, which drives production up to its level at that new price. W/o “at a given price” the definitions of supply and demand leave out the mechanism of price signaling, and are not complete.
@PerBylund But it is essential to the definition.
Prices are driven by and to the point where supply equals demand (at a given price).
Supply and production are driven by the profitability at a given price.
Demand is driven by the relative marginal value at a given price.