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Malpheus
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Joined:Dec 2 2011, 9:05 pm
Last Active:Apr 8 2012, 12:39 am
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Activity (?):18
Profile Views:7
Posts:12
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Topics:4
Minerals:-92
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Display Name:Malpheus
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User's Time:Apr 16 2014, 9:52 pm
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[09:36 pm]
Azrael -- No way :D
[09:34 pm]
Vrael -- OFF TO THE STUFF AND THINGS AND WHATNOT!!!
[09:34 pm]
Vrael -- "Anyone who's taken a first-year economics course could tell you" that the system is more complex than sweeping generalizations typically account for :P
[09:33 pm]
Xlil-InfernoDDD -- But what if I'm rendered unable to find out that Kim Kardashian farted?
[09:24 pm]
Azrael -- If you're thinking something like "unlike a group consisting of a few people getting a lot of money, if a group consisting of a lot of homeowners gets that same quantity of money distributed across them, businesses will raise their prices because they know more people can afford it", then you have a disturbingly inaccurate idea of how price levels work, how equilibrium prices are achieved, and how demand is gauged in general.
[09:16 pm]
Azrael -- In fact, inflation has a lower chance of being increased when distributed to the populace, because the most basic tenet of economic theory is that people always act out of self-interest. When given an opportunity to remove the stress of debt from their lives, most people will.
[09:15 pm]
Azrael -- And there's absolutely no additional inflation whatsoever caused by the latter in comparison to the former.
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