Fed rate increase = lower hifi prices?

@ghasley good to see some micro economic principles discussed, and usually people can agree on the logic as hand-waving and speculation is kept to a minimum.

The politics of water are pretty ordinary - sensible economists have left the building..  In my country it is bureaucrats who administer the politics.  The Nth Koreans could probably plan better.

@daveyf nobody is condoning anything that is illegal. That would have been contrary to any emergency regulations that were swiftly put in place. Perhaps not by the letter, but at least in spirit. Judges are not amused by those antics.

What I’m seeking is some non-emergency examples of pricing irregularities in hifi that cannot be explained logically. Coz people just say stuff and say, oh, price gouging, huge profits.

I understand that respected tube sellers rationed recently, and kept prices not too far away from normal. Because reputation and credibility. Think.

@noske,

I studied, a loose term I'll admit, economics for 3 years as part of my degree and whilst macro economics may have made a little sense, micro made no sense at all.

In fact it was mindnumbingly dull. I remember discussing it with a postgrad student who admitted that it was only the sight of the Swedish lecturer's legs in her knee length skirts that kept him awake during those periods.

Let's not kid ourselves, economics is an extremely complex and largely unpredictable social science. The Keynesian v monetarist debates made the analogue v digital ones look like small potatoes.

I had a lot of time for Keynes, I particularly liked his suggestion of burying bottles full of pound notes and letting folks dig them back out as a way of easing mass unemployment.

However, with Keynes, as everyone else, a lot depends upon sustainable growth.

Given this need for constant growth, perhaps it would not be too far fetched to imagine that this little trouble in Ukraine is related to the search for growth, would it?

@retiredfarmer 

"Nazi Germany printed money to pay the war  reparations"

Isn't that one of the reasons why WW2 is often called a  Bankers War?

"Within the first two months of the pandemic I knew what the outcome as far as money value was going to be and brought hard assets real estate gold and silver. I didn't want any amount of cash on hand as I was sure this was on its way."

Now that's an impressive display of keeping a clear head and pragmatic thinking.

Some of us sort of went into mild shock watching that footage from Wuhan.

On the other hand it now seems some of us were already getting ready to roll out their experimental jabs.

Some others were already planning to drive governments into increasingly more dangerous amounts of debt.

As they sometimes say, follow the money, and if we do that we can see that big pharma and big banks have certainly done very very well from the Plandemic.

Without growth the rest of us will have to increasingly suffer one of the 2 great certainties of life - taxes.

Someone is going to have to pay, and it's not going to be them.

Our business subscribes to an economic forecasting firm.  Growth will slow into 2023 but no recession.  Minor recession in 2026.  Inflation will stay in 4 to 5% range for rest of this decade.  Major depression around 2035 - worldwide.

@cd318 I had a lot of time for Keynes, I particularly liked his suggestion of burying bottles full of pound notes and letting folks dig them back out as a way of easing mass unemployment.

Our brains are hardwired differently.

The owner of the pound notes could have kept them in the bank earning interest and then at a time of unhealthy levels of unemployment allowed willing folks to clean toilets or care for the elderly for which they will be paid with those pound notes.