enragedchowder

joined 1 year ago
[–] enragedchowder@lemmy.ca 2 points 1 year ago

I’m not even sure what you’re taking about it. But from the worker/anti capitalist perspective, deflation is even worse. The working class, who holds huge amounts of debt like student loans, ends up paying more as the value of money decreases. Imagine all of your student debts increasing in real value over time, on top of the already existing interest rate.

[–] enragedchowder@lemmy.ca 15 points 1 year ago (4 children)

You don’t see how it’s a bad thing for people to have zero incentive to put money back into the economy? Everyone hoarding money and trying to spend as little as possible will surely have good results!

[–] enragedchowder@lemmy.ca 1 points 1 year ago (1 children)

It literally doesn’t. The price is the same either way. Reduced demand from the higher tax makes it so producers will lower prices. This is really basic microeconomics.

From Wikipedia: “tax burden does not depend on where the revenue is collected, but on the price elasticity of demand and price elasticity of supply”

https://en.m.wikipedia.org/wiki/Tax_incidence

[–] enragedchowder@lemmy.ca 14 points 1 year ago (3 children)

It doesn’t make a difference which side you tax. If consumers are taxed then corporations will still feel it through reduced demand for their product. If corporations are taxed, consumers will still feel it through increased prices. The tax burden does not depend on who is taxed, but rather how elastic supply and demand are.

[–] enragedchowder@lemmy.ca 3 points 1 year ago (3 children)

What’s the channel if you don’t mind sharing?

[–] enragedchowder@lemmy.ca 6 points 1 year ago (2 children)

Lol this is ridiculous. I’ve been hiking in the Rockies plenty of times during the winter, as long as you take the proper precautions you will be fine.

[–] enragedchowder@lemmy.ca 2 points 1 year ago* (last edited 1 year ago) (2 children)

Do you happen to have a link to any of the rebuttals? I watch him a lot so I’m curious.

[–] enragedchowder@lemmy.ca 3 points 1 year ago (1 children)

I’m liking it a lot but I really hope the dev adds 6 and 12 hour sort.

[–] enragedchowder@lemmy.ca 3 points 1 year ago (1 children)

So cute, what are their names??

[–] enragedchowder@lemmy.ca 1 points 1 year ago

Really? I agree that Old Blood wasn’t as good as the main games but I definitely enjoyed it as an add-on to New Order. I suppose it does go a bit off the rails with the Zombie stuff lol

[–] enragedchowder@lemmy.ca 14 points 1 year ago (3 children)

The newer Wolfenstein games (new order and new colossus) are both great. Totally crazy alternate history plus you get to shoot nazis. I really hope they end up making a third one.

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