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@caekislove @PHarrghis @Griffith @WandererUber the drug market is far from an ideal market the cia is doing shit all the time; a better example would be grocery stores and corn syrup products
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@monkyyy @caekislove @PHarrghis @Griffith I've basically answered that in reply
@WandererUber @caekislove @PHarrghis @Griffith > at least 10 paragraphs above cake
Im not reading this thread; rational markets seems to me like infinity in math; something they axoimically say but anything built on it cant be treated as real.
Im not reading this thread; rational markets seems to me like infinity in math; something they axoimically say but anything built on it cant be treated as real.
@monkyyy @caekislove @PHarrghis @Griffith in reply you dickhead
literally the first reply to his post is a counter to the bad food argument
rude much?
literally the first reply to his post is a counter to the bad food argument
rude much?
@Griffith @caekislove @PHarrghis @monkyyy I have never been rude ever in my entire life you asshole
@monkyyy @WandererUber @caekislove @PHarrghis @Griffith rational markets is an abstraction. It is simply more accurate than any other real models we have.
@sickburnbro @WandererUber @caekislove @PHarrghis @Griffith Consider the hangman paradox; you really shouldn't build on top of "everyone is acting rational and is thinking clearly" to many steps.
The stock market is *not* rational, its allot of dumb money being told that you will play a round in the governments casino to get a slightly lower tax. So they "diversify" and make long term picks, trying to leave the game after playing only a few rounds. This is over all rational, but all further information can be discarded.
The stock market is *not* rational, its allot of dumb money being told that you will play a round in the governments casino to get a slightly lower tax. So they "diversify" and make long term picks, trying to leave the game after playing only a few rounds. This is over all rational, but all further information can be discarded.
@monkyyy @WandererUber @caekislove @PHarrghis @Griffith the stock market *is* rational - just not perfectly. I can't start 1 million companies tomorrow and one of them will be magically worth billions of dollars.
@sickburnbro @WandererUber @caekislove @PHarrghis @Griffith We in our what, 4th tech bubble?
@monkyyy @sickburnbro The market deciding that they will lose their money for investing retardedly is perfectly rational
The government deciding they should get other people's money is not.
The government deciding they should get other people's money is not.
@monkyyy @WandererUber @caekislove @PHarrghis @Griffith booms and busts are considered the normal operation of markets, dunno what else to say
@sickburnbro @caekislove @PHarrghis @WandererUber @monkyyy Would that suggest inherent rationality in the market?
@WandererUber @Griffith @caekislove @PHarrghis @monkyyy an interesting point for sure. I think the problem here is that people have different ideas of what "rational" means.
@sickburnbro @WandererUber @caekislove @PHarrghis @Griffith If you read your theory, the one true free market is suppose to decrease bubbles. Here in the real world all government are running ponzi schemes and doing a housing as an asset based economy and all the boomers owe money to all the other boomers; so who the fuck knows.
@monkyyy @caekislove @Griffith @WandererUber >the drug market is far from an ideal market
That was never my claim and it is irrelevant to my argument.
>the cia is doing shit all the time
They are participants in the market: they make make money in a viable market. They are not some sort of impartial rule setters that producers, traffickers, dealers and users have to follow.
>a better example would be grocery stores and corn syrup products
It's a horrible example of markets not needing the state to function, because the state does make laws to regulate grocery stores and corn syrup
That was never my claim and it is irrelevant to my argument.
>the cia is doing shit all the time
They are participants in the market: they make make money in a viable market. They are not some sort of impartial rule setters that producers, traffickers, dealers and users have to follow.
>a better example would be grocery stores and corn syrup products
It's a horrible example of markets not needing the state to function, because the state does make laws to regulate grocery stores and corn syrup
SHEEEEEEITT WE GON DRINK THAT PURPO DRANK CUH IT BE SNEEDIN ON NALL YIGGERS FR FR 