ECO 101 years ago, our teacher said while the markets were volatile that you cannot increase something i.e interest rates without feeling a neg somewhere else.? Is this true in today's market?

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• T3CHT@sh.itjust.works ⁨21⁩ ⁨hours⁩ ago

  That is basically the zero sum economy theory and it is exactly wrong.

  Because we add value to the world when we build and grow, it’s wrong to think one gain is always another’s loss.

  Many moves are net positive, even if one group loses. Some moves are neutral. And many moves are net negative, we can both destroy and build. This is the key to realistic assessment of what moves to make and support.

  Zero sum economy BS leads to terrible selfish behavior or nihilism. Fight it. We can build it better.

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• tobebannedbygaymods@lemmy.zip ⁨21⁩ ⁨hours⁩ ago

  dude 101+ years old and using lemmy !

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  • Patnou@lemmy.world ⁨21⁩ ⁨hours⁩ ago

    Should i have put beginers eco? Most people know what 101 is in school and college.

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    • tobebannedbygaymods@lemmy.zip ⁨18⁩ ⁨hours⁩ ago

      it was a joke ! also not all people know , in fact no body in my country Syria knows what 101 means I only learned that post graduation from engineering and from internet posts not this one

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• agentTeiko@piefed.social ⁨1⁩ ⁨day⁩ ago

  Yeah its called unemployment but the market left reality a while ago. So its not playing by the same rules. The rich just want to get their money and get in their bunkers built before the planet too far gone.

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  • neidu3@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    While true, it’s important to keep in mind that the market can stay unrealistic longer than the ones betting against it can stay solvent. I don’t mean that as a prediction, but as a warning that “crashing any day now” can easily mean in ten days, ten years, or never.

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