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#economics101

3 posts1 participant3 posts today
Eric Maugendre<p>During 1992–2020, the USA had low and stable <a href="https://mas.to/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a>.</p><p>Despite massive federal deficit spending, the Fed met its 2% inflation target (or missed below it) for most of this era. </p><p>How come? There were no serious shortage of resources. (Thanks to: no cold war, globalization, bad working conditions, stable commodity supply, increase of greenhouse effect.)</p><p><a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/interestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>interestRates</span></a> <a href="https://mas.to/tags/yields" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>yields</span></a> <a href="https://mas.to/tags/price" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>price</span></a> <a href="https://mas.to/tags/pricing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pricing</span></a> <a href="https://mas.to/tags/prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>prices</span></a> <a href="https://mas.to/tags/value" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>value</span></a> <a href="https://mas.to/tags/markup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markup</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics101</span></a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/CPI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CPI</span></a> <a href="https://mas.to/tags/commodities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>commodities</span></a></p>
MugsysRapSheet 🔩🐑🐘<p>IF A FOREIGN CORPORATION HAS THE OPTION of moving to the U.S. and paying higher wages just to sell in the U.S. for less money...</p><p>vs.</p><p>Just moving their manufacturing to someplace with extremely cheap labor to offset the <a href="https://mastodon.social/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a>, which do you think they will do? <a href="https://mastodon.social/tags/TooStupidToBePresident" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TooStupidToBePresident</span></a> <a href="https://mastodon.social/tags/DisasterPresidency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DisasterPresidency</span></a> <a href="https://mastodon.social/tags/DonnieDumbass" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DonnieDumbass</span></a> <a href="https://mastodon.social/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> </p><p>(Between the time I found the following link &amp; the time I posted it, the <a href="https://mastodon.social/tags/DOW" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOW</span></a> fell from -1,000 to -1,300.)<br><a href="https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/04/03/stock-mark</span><span class="invisible">et-today-live-updates.html</span></a></p>
RaymondPierreL3<p>“Prime Minister Anthony Albanese confirmed Australia would not retaliate with tariffs of its own, but said the US president's tariffs were an act of "economic self-harm".</p><p><a href="https://www.abc.net.au/news/2025-03-12/australia-reacts-us-steel-tariffs-poor-friend-partner/105040948" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2025-03-12/aus</span><span class="invisible">tralia-reacts-us-steel-tariffs-poor-friend-partner/105040948</span></a></p><p>That is the right call. Tariffs on US goods would only hurt Australians, the <a href="https://aus.social/tags/Australian" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Australian</span></a> <a href="https://aus.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> and make the <a href="https://aus.social/tags/CostOfLiving" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CostOfLiving</span></a> worse (<a href="https://aus.social/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> everyone!). </p><p>What would be effective retaliation is for a consumer <a href="https://aus.social/tags/boycott" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>boycott</span></a> of all US products. Just don’t buy any of their shit folks! Starting with Govt purchases (I.e. cancel <a href="https://aus.social/tags/AUKUS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AUKUS</span></a> )</p><p>Another great retaliatory trade tactic is the imposition of <a href="https://aus.social/tags/Quotas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Quotas</span></a> on all US goods and services. </p><p>Just saying the obvious here.</p><p><a href="https://aus.social/tags/auspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>auspol</span></a>.</p>
RaymondPierreL3<p><span class="h-card" translate="no"><a href="https://goblackcat.social/@housepanther" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>housepanther</span></a></span> <br>Peeps tend to forget who pays the <a href="https://aus.social/tags/tarrifs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tarrifs</span></a> in the first place. Watch the cost of living going up in the US as a result of US tarrifs…that is all you need to know about applying tarrifs. <a href="https://aus.social/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a></p>
Sarah G. Carpenter, Ph.D.<p><a href="https://me.dm/tags/TrumpSpeech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpSpeech</span></a> "the most successful economy in the history of our country" FOR WHOM???? Like I don't remember gettin' rich or even really getting by. <br>The stock market is NOT the economy, stupid. <a href="https://me.dm/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> <br>The April Fool's thing is admittedly clever.</p>
Democrats Abroad<p>Unfortunately, some voters believed Trump’s promise to lower prices, but how? His tariffs will raise costs.</p><p>If Biden couldn’t magically cut prices, how can Trump? His claims are smoke and mirrors, not solutions.</p><p><a href="https://mastodon.social/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> <a href="https://mastodon.social/tags/Truth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Truth</span></a> <a href="https://mastodon.social/tags/DemocratsAbroad" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DemocratsAbroad</span></a></p>
C.<p><span class="h-card" translate="no"><a href="https://mstdn.ca/@hanspetermeyer" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>hanspetermeyer</span></a></span> </p><p>And maybe send these small business owners a copy of Henry Hazlitt's "Economics in One Lesson".</p><p><a href="https://mindly.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mindly.social/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> <a href="https://mindly.social/tags/Econ101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Econ101</span></a> <a href="https://mindly.social/tags/HenryHazlitt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HenryHazlitt</span></a> <a href="https://mindly.social/tags/OneLesson" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OneLesson</span></a> <a href="https://mindly.social/tags/ForDummies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ForDummies</span></a></p>
Eric Maugendre<p><span class="h-card" translate="no"><a href="https://a.gup.pe/u/economics" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>economics</span></a></span><br> <br>- So if a bunch of corporations just decide to set higher prices, that's inflation?<br>- That's right.</p><p>A video by Jessica Burbank (via <span class="h-card" translate="no"><a href="https://troet.cafe/@Sui" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Sui</span></a></span>)<br>Also at: <a href="https://www.tiktok.com/@kaburbank/video/7106974872563191083?lang=en" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">tiktok.com/@kaburbank/video/71</span><span class="invisible">06974872563191083?lang=en</span></a></p><p><a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://mas.to/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mas.to/tags/economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics101</span></a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mas.to/tags/tutorial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tutorial</span></a> <a href="https://mas.to/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fed</span></a> <a href="https://mas.to/tags/FedReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FedReserve</span></a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mas.to/tags/interestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>interestRates</span></a> <a href="https://mas.to/tags/yields" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>yields</span></a> <a href="https://mas.to/tags/prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>prices</span></a> <a href="https://mas.to/tags/value" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>value</span></a> <a href="https://mas.to/tags/markup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markup</span></a> <a href="https://mas.to/tags/CPI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CPI</span></a> <a href="https://mas.to/tags/MMTCowboy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMTCowboy</span></a> <a href="https://mas.to/tags/beauty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>beauty</span></a> <a href="https://mas.to/tags/feminity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>feminity</span></a></p>
rakkhi<p>Not enough people read ..</p><p>Money and Money equivalents.<br>Credit == money<br>High deficits need to be borrowed or printed<br>More money, same or fewer goods == higher consumer prices<br>Low rates, financial deregulation, covid money printing == price inflation now</p><p>Sad that so few people understand this..</p><p><a href="https://infosec.exchange/tags/economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics101</span></a> <a href="https://infosec.exchange/tags/austrian" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>austrian</span></a></p>
C.<p><span class="h-card"><a href="https://sfba.social/@not2b" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>not2b</span></a></span> <span class="h-card"><a href="https://mastodon.social/@Sir_Osis_of_Liver" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>Sir_Osis_of_Liver</span></a></span> <span class="h-card"><a href="https://hci.social/@tod" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>tod</span></a></span> </p><p>Hear, hear. Exactly; it's a link tax. And financially, it makes no sense to pretty much *anyone*, so the companies choosing not to pay to link was both predictable, and in fact predicted by many, many people - pretty much everyone except members of the Canadian <a href="https://mindly.social/tags/dinosaur" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>dinosaur</span></a> <a href="https://mindly.social/tags/media" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>media</span></a>, <a href="https://mindly.social/tags/politicians" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politicians</span></a>, and anti-capitalism <a href="https://mindly.social/tags/zealots" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>zealots</span></a>.</p><p><a href="https://mindly.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalism</span></a> <a href="https://mindly.social/tags/LinkTax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LinkTax</span></a> <a href="https://mindly.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mindly.social/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> <a href="https://mindly.social/tags/blowback" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>blowback</span></a> <a href="https://mindly.social/tags/consequences" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>consequences</span></a></p>
matiu bidule<p><a href="https://mamot.fr/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> <br><a href="https://mamot.fr/tags/TrickleDownEcononics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrickleDownEcononics</span></a> <br><a href="https://mamot.fr/tags/EatTheRich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EatTheRich</span></a> <br><a href="https://mamot.fr/tags/TalibansLiberaux" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TalibansLiberaux</span></a> <br><a href="https://mamot.fr/tags/meme" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>meme</span></a> </p><p>Learn something new every day.</p>
Chris Aldrich<p>I love the idea that Marketplace is planning on using an OER (open educational resources) economics textbook to do a public bookclub/MOOC/guided self-study of Economics 101.&nbsp;</p><p>Naturally I worry that the participation rates will start high and end low, but the fact that they're enco</p><p><a href="https://boffosocko.com/2020/01/28/want-to-succeed-take-an-econ-101-course-marketplace/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">boffosocko.com/2020/01/28/want</span><span class="invisible">-to-succeed-take-an-econ-101-course-marketplace/</span></a></p><p><a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/Education" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Education</span></a> <a href="https://mastodon.social/tags/Listen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Listen</span></a> <a href="https://mastodon.social/tags/SocialStream" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SocialStream</span></a> <a href="https://mastodon.social/tags/EconExtraCredit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconExtraCredit</span></a> <a href="https://mastodon.social/tags/Economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economics101</span></a> <a href="https://mastodon.social/tags/Marketplace" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Marketplace</span></a> <a href="https://mastodon.social/tags/MOOC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MOOC</span></a> <a href="https://mastodon.social/tags/OER" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OER</span></a> <a href="https://mastodon.social/tags/publiceducation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>publiceducation</span></a></p>
LPS<p>Culture in Decline - Episode #2 'Economics 101' by Peter Joseph - PeerTube on Mastodon.host<br><a href="https://peertube.mastodon.host/videos/watch/playlist/3b5fdaf8-329e-4797-8e1d-0460725b7a31?videoId=5adc8d15-bd2c-4865-bfbd-fbfa178b36b0" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">peertube.mastodon.host/videos/</span><span class="invisible">watch/playlist/3b5fdaf8-329e-4797-8e1d-0460725b7a31?videoId=5adc8d15-bd2c-4865-bfbd-fbfa178b36b0</span></a></p><p><a href="https://fosstodon.org/tags/zeitgeist" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>zeitgeist</span></a> <a href="https://fosstodon.org/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://fosstodon.org/tags/cultureindecline" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cultureindecline</span></a> <a href="https://fosstodon.org/tags/peterjoseph" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>peterjoseph</span></a> <a href="https://fosstodon.org/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://fosstodon.org/tags/whatdemocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>whatdemocracy</span></a> <a href="https://fosstodon.org/tags/peertube" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>peertube</span></a> <a href="https://fosstodon.org/tags/economics101" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics101</span></a></p>