HamburgerBoy
Active Member
- Sep 16, 2007
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Can you touch inflation? Can you taste it? Can you draw me a picture of it? Ooh, ooh, can you express it in musical notes? Oh that's right, you need to show me a fucking graph.
abstract
adj.
Considered apart from concrete existence: an abstract concept.
adj.
Not applied or practical; theoretical. See Synonyms at theoretical.
adj.
Difficult to understand; abstruse: abstract philosophical problems.
Inflation definitely falls under those last two definitions, and quite arguably the first one. In any case, nice deflection unless you want to explain how microeconomic forces are concrete by whatever retarded metric you're using. And thanks for the lack of an economic textbook, you illiterate.
Microeconomics deals in individual behavior. It's tactile, it's intimate, it describes people's actions in immediate economic scenarios. Macroeconomics describes the effects and dynamics that emerge on a complex level. That's what's known as abstraction. There, you learned a new word.
And there is an ideological division between them. It has to do with how one conceives of economics perspectivally--i.e. pertaining to an individual's behavior, or pertaining to the emergent effects of complex systems. Those views entail very different values.
lmfao. So individual demand for a given good isn't an abstract concept, but national demand for a given currency is? You're a total fucking moron. You've dropped far below the title of pseud to the rank of ignoramus.
There is no ideological division. No credible economist pretends only one of the two exists, just as no credible physicist pretends that only classical or nuclear physics exists. There is not a single notable conservative politician, not any sitting US senator or congressman, not any conservative appointee to an economic post, that you can name that holds such views. Prove me wrong. Even Ron Fucking Paul and all the Austrians in the world don't downplay the relevance of macroeconomics; just look at the Petrodollar theory, for one. You have absolutely no idea what you're talking about. This is the most profoundly ignorant statement I've ever seen on this forum. It'd be like saying there's an ideological divide between cognitivists and parents because parents believe in the intimacy of teaching their children. You cherry picked a couple words that happened to be shared between a couple of unrelated concepts (microeconomics and individualist politics) and then invented some kind of ideological divide. Absolutely fucking retarded.
They're not dictating the existence of free markets. This is kinda like playing whackamole.
So what are they doing?
Aw, you're cute with your little paraphrases. It's almost like you're not just a moderately evolved bot on the other side of a Turing Test.
I'm not going to keep telling you how you've misunderstood me, because you'll just keep accusing me of talking about theory; but that's what I'm trying to do. And if I'm trying to talk about theory and you keep refusing to do so, then we're not really having a discussion. It's just you whining because you're not getting your way.
You're not talking about theory. You're like a Marxist that thinks he's being clever when he informs the theory-ignorant capitalist on the theoretical difference between private property and personal property. You're playing word games, but unlike many Marxists, you don't even know the definitions of the words you use.