I’ll be in my bunk.
The other one that hit me in this thread was cheez waffies. The sharp cheddar powdery goo in between stale waffle-textured hard tack crackers. Not even sure if I’m actually into it, but I’m INTO it.
We are of the same time. Those images are visceral. I need to take a nostalgia nap.
Ya. Everyone out here taking Satan’s maggoty cum fart seriously on some “Colbert was for real you guys” tip is almost wholesome.
They’re my favorite troll. Big fan.
So you don’t have an answer, that’s fine, figured as much. Hand waiving, indeed.
Irrational actors are unpredictable in compounding ways. The concept is a meta analysis of the individual and the masses. Biases, irrational fear, herd dynamics, etc. These can lead to unpredictable outcomes.
But markets can still function, sometimes, because of other factors. Leverage, venture investment, loss management, mergers and acquisition, etc. And learning from witnessing a counterintuitive market dynamic.
In this, most basic example, there are no compounding factors in either case. There are no buyers. So, their irrationally is not a factor. And there is only production of a supply that has no demand.
Someone producing a degradable product that has no buyers is not what is meant when discussing irrational actors.
It’s not referring to some crazy person who will just operate at a loss forever. And even if it was, they couldn’t even do it forever if they wanted to.
Dodging the question, plugging your ears, and saying, “I heard a term one time that says they could be crazy and would just keep doing it forever for no reason. Prove me wrong.” Is not the gotcha argument you think it is.
Basic markets are not capitalism.
That’s not relevant. This issue is more basic than that. It’s the most basic.
Out of morbid curiosity. Hypotheticaly, why or how do you think a producer would continue to operate at full scale with no buyers?
You still don’t understand basic markets, huh. That’s unfortunate.
Waste of internet bandwidth. I don’t like hearing about narcissists flopping their prangus around in their chairs.
I don’t get it. Why is it just the same image over and over again?
The issue is that there’s no issue and now it’s getting a little weird so ima go shave, I guess.
Maybe I just have beautiful friends, I dunno. But no Grey in beard is not strange and my cartoon friend is wearing a hat, and has cartoon skin.
Beard and eyebrows are when 25.
Turns out not all 45 year olds look 60.
Best take, honestly. It’s tribalism. People love to generalize and lean on prejudice to feel superior to a broad swath of people based on things largely out of their control. Which is exactly why the same approach also happens to work as propaganda.
You live in society. Hang your head in shame.
It makes total sense if you are familiar with baseball.
Touching base is something you need to be sure you do. Not only while running bases, but also when tagging up after a dead ball or a caught fly.
It happens regularly and, therefore, it is generally nonchalant. But it must be done; it must be remembered and kept up with.