Go run a business then say that nonsense. This is not how it works in real life. Lot’s of business operations involve taking risks into the future. Go read about Ray Dalio’s story on stabilizing the price of McDonald’s chicken nuggets with futures contracts.
This is the problem with social media. A teenager who doesn’t know shit in how business operations work is here to teach us about it… what a joke.
Please shut your mouth and don’t speak of things you don’t understand to promote your agendas. Life is more complicated than the cartoon world you learned in school.
LOL. I have, and I do. Both medium sized independents and in a large org. You are again, literally, and irrefutably wrong. All businesses know their current costs. Stop trying to reframe it against future forecasts.
Only responding so people dont fall for your trolling, as fact.
You don’t, and stop lying. Taking risks in business is normal. Future or not depends on the way the business operates and what kind of risks counter parties have. Stop lying and making blanket statements. It’s fascinating how much you’d lie to defend your dumb political agendas. Your politics made you a liar. Congrats.
Hey everybody, if you dont agree with this person you’re a liar.
What do politics have to do with facts?
If I’ve already purchased inputs at $10, and my sell price is $15, and the cost of inputs next week are going to be $20 maybe, there is no reason for me as an ethical business owner to raise my prices in anticipation. I will not be in the red. I will need to raise my prices if inputs increase. Smoothing my price curve is a clear deflection on your part. No one is talking about keeping nuggies at $x to avoid impairing demand.
My objection to you all the way through is based on your fraudulent and specific lie - around current input costs and ethical business requirements to raise prices. Stop trying to confuse the issue.
Also, perhaps change your user name to Mr. Adhominem.
Disagreeing is fine. Making authority-based arguments is where the lying begins. Nowhere have I said “believe me because I’m this and that”. That’s the difference. I’m open to rational discussion.
You’re talking about something that was already done. That’s the difference. I’m talking about something you’re manufacturing now and you’re preparing to ship. You still have to anticipate how your contractors will act in an inflationary environment. For example, if you’re shipping the goods that you created and you’re paying the cost for shipping due to details required, and gas prices go up, you still have to anticipate cost going up even if you made a contract with a third party retailer to sell things after the shipping. All this also ignores the complications in big chains that fail to react fast enough to such changes.
Speaking from your butt that everything is fixed and can be anticipated is ridiculous and never realistic. If you’re selling toys in a shop, sure, your business model is super-simple. But don’t make shit up about big chains that deliver over weeks at a time and expect them to calculate everything to the latter. It’s not feasible, especially when your margins are less than 5%.
Err… “go run a business before…” “I have”… “Stop appealing to authority”
Yeah, your inventory of raw materials is already purchased. Your current freights already contracted. Most companies can raise prices lockstep with costs without going whoopsie daisy, we raised it too much.
For the last time, your claim was that even ethical businesses must xyz, now youre talking specifically about large complex operations that do not have clear controls, KPIs, supply chain and contract risk management practices. Way to shift the goal posts.
Were having two conversations here, and Im beginning to assume its by design on your part. Or… yeah… were all lying teens, youre the only one thats right.
My butts getting tired so Ill stop speaking through it.
Most companies can raise prices lockstep with costs without going whoopsie daisy, we raised it too much.
I mean, I’m done making examples from real life and you making up bullshit. I guess Ray Dalio fixing the price for chicken nuggets is a bullshit story… I mean, McDonalds could’ve just increased the price in “lockstep” with the change in chicken nuggets prices, right? This is the stupidity of oversimplified world view that I keep seeing around here. You forget socioeconomic factors and how people respond to price changes. It’s unbelievable how you paint this naive world where it’s possible to have everything dynamic and predictable.
And I like that “most” word you used. I guess you either are conceding or just playing with words to give yourself some leeway after fucking up, since I never used a blanket statement and I only need a counterexample to be right. You see, you’re assuming that everything is contracted, but doesn’t that depend on the contract’s terms? Even if you use a futures contract there’s a risk associated with it and arbitrage will fuck you up if you make a bad bet and management will screw over whoever made that suggestion. In your little head “everything is fixed”, because it doesn’t play well with your dumb agenda of the simple cartoon world that pertains to whatever dumb communism is running in your head, like I always see on Lemmy.
yo, int. Business economics major here (what got me to Europe) and I can 100% guarantee that you don’t know shit, and are literally repeating the economic arguments of a fantasy book.
Imagine if I took Game of Thrones as a guide on pre enlightenment warfare
If you’re right, you’re free to debunk my arguments. But then you’re full of shit, how would you do that?
Of course everything I’m saying is fantasy… because it doesn’t align with your dumb agenda. I gave examples from real life, but you, Mr. Business Major, have better examples. Why don’t you show us? Because you’re full of shit!
how am I supposed to disprove literal fantasy? no, really, I may as well try and disprove Harry Potter!
then again, considering you basically deny the last 100 years of economic science, there is not much anyone can tell you, that you won’t just blatantly disregard.
“Economic science”… you basically mean “Keynesian economics” bullshit. Yeah, and it’s not really 100, it’s 50 since Nixon separated gold from us dollars, and we’re seeing the great effects and the huge instability in the whole world’s economy.
And besides your Keynesian economics bullshit, all I argued is simple supply and demand, which has been true for thousands of years, since humans started creating farms inside fences. So spare me your bullshit and condescension. The only fantasy here is the communism you, and other ignorant Lemmy users, are living in your heads. I do hope you get your wish, and I’ll be laughing watching you getting shot in the Gulag.
yup, liberated who wants the gold standard back, doesn’t understand anything outside what fun pictures tell him, for example, you know what is more strongly ties to worker compensation? unions, not something that happened almost 10 years beforehand.
all I argued is simple supply and demand, which has been true for thousands of years
except it hasn’t, demonstrably, all through history we see, time and time again that vested interest groups with any larger amount of bargaining power artificially change valuation, then again, it’s not the neat simple and easy solution that appeals to the average person.
and imagine, anything but straight up barbarism (the name of the economic model you propose btw) is now communism XD
Who said I want the gold standard back? Not really. But the standard shouldn’t be this fiat fiasco we’re living in.
except it hasn’t, demonstrably, all through history we see
What history? The history you pulled out of your butt to make a point irrelevant to what I’m saying? red-herring much? This is the problem with discussions on social media. I’m saying “money printing creates inflation”, you’re so arrogant you don’t want to admit that much because it’s much easier for you to support your bunk communist agenda with “greeeeeeeeeeeeed”.
Go run a business then say that nonsense. This is not how it works in real life. Lot’s of business operations involve taking risks into the future. Go read about Ray Dalio’s story on stabilizing the price of McDonald’s chicken nuggets with futures contracts.
This is the problem with social media. A teenager who doesn’t know shit in how business operations work is here to teach us about it… what a joke.
Please shut your mouth and don’t speak of things you don’t understand to promote your agendas. Life is more complicated than the cartoon world you learned in school.
LOL. I have, and I do. Both medium sized independents and in a large org. You are again, literally, and irrefutably wrong. All businesses know their current costs. Stop trying to reframe it against future forecasts.
Only responding so people dont fall for your trolling, as fact.
You don’t, and stop lying. Taking risks in business is normal. Future or not depends on the way the business operates and what kind of risks counter parties have. Stop lying and making blanket statements. It’s fascinating how much you’d lie to defend your dumb political agendas. Your politics made you a liar. Congrats.
Hey everybody, if you dont agree with this person you’re a liar.
What do politics have to do with facts?
If I’ve already purchased inputs at $10, and my sell price is $15, and the cost of inputs next week are going to be $20 maybe, there is no reason for me as an ethical business owner to raise my prices in anticipation. I will not be in the red. I will need to raise my prices if inputs increase. Smoothing my price curve is a clear deflection on your part. No one is talking about keeping nuggies at $x to avoid impairing demand.
My objection to you all the way through is based on your fraudulent and specific lie - around current input costs and ethical business requirements to raise prices. Stop trying to confuse the issue.
Also, perhaps change your user name to Mr. Adhominem.
Disagreeing is fine. Making authority-based arguments is where the lying begins. Nowhere have I said “believe me because I’m this and that”. That’s the difference. I’m open to rational discussion.
You’re talking about something that was already done. That’s the difference. I’m talking about something you’re manufacturing now and you’re preparing to ship. You still have to anticipate how your contractors will act in an inflationary environment. For example, if you’re shipping the goods that you created and you’re paying the cost for shipping due to details required, and gas prices go up, you still have to anticipate cost going up even if you made a contract with a third party retailer to sell things after the shipping. All this also ignores the complications in big chains that fail to react fast enough to such changes.
Speaking from your butt that everything is fixed and can be anticipated is ridiculous and never realistic. If you’re selling toys in a shop, sure, your business model is super-simple. But don’t make shit up about big chains that deliver over weeks at a time and expect them to calculate everything to the latter. It’s not feasible, especially when your margins are less than 5%.
Err… “go run a business before…” “I have”… “Stop appealing to authority”
Yeah, your inventory of raw materials is already purchased. Your current freights already contracted. Most companies can raise prices lockstep with costs without going whoopsie daisy, we raised it too much.
For the last time, your claim was that even ethical businesses must xyz, now youre talking specifically about large complex operations that do not have clear controls, KPIs, supply chain and contract risk management practices. Way to shift the goal posts.
Were having two conversations here, and Im beginning to assume its by design on your part. Or… yeah… were all lying teens, youre the only one thats right.
My butts getting tired so Ill stop speaking through it.
I mean, I’m done making examples from real life and you making up bullshit. I guess Ray Dalio fixing the price for chicken nuggets is a bullshit story… I mean, McDonalds could’ve just increased the price in “lockstep” with the change in chicken nuggets prices, right? This is the stupidity of oversimplified world view that I keep seeing around here. You forget socioeconomic factors and how people respond to price changes. It’s unbelievable how you paint this naive world where it’s possible to have everything dynamic and predictable.
And I like that “most” word you used. I guess you either are conceding or just playing with words to give yourself some leeway after fucking up, since I never used a blanket statement and I only need a counterexample to be right. You see, you’re assuming that everything is contracted, but doesn’t that depend on the contract’s terms? Even if you use a futures contract there’s a risk associated with it and arbitrage will fuck you up if you make a bad bet and management will screw over whoever made that suggestion. In your little head “everything is fixed”, because it doesn’t play well with your dumb agenda of the simple cartoon world that pertains to whatever dumb communism is running in your head, like I always see on Lemmy.
Give yourself a break before your head pops.
yo, int. Business economics major here (what got me to Europe) and I can 100% guarantee that you don’t know shit, and are literally repeating the economic arguments of a fantasy book.
Imagine if I took Game of Thrones as a guide on pre enlightenment warfare
If you’re right, you’re free to debunk my arguments. But then you’re full of shit, how would you do that?
Of course everything I’m saying is fantasy… because it doesn’t align with your dumb agenda. I gave examples from real life, but you, Mr. Business Major, have better examples. Why don’t you show us? Because you’re full of shit!
OK, bot.
how am I supposed to disprove literal fantasy? no, really, I may as well try and disprove Harry Potter!
then again, considering you basically deny the last 100 years of economic science, there is not much anyone can tell you, that you won’t just blatantly disregard.
“Economic science”… you basically mean “Keynesian economics” bullshit. Yeah, and it’s not really 100, it’s 50 since Nixon separated gold from us dollars, and we’re seeing the great effects and the huge instability in the whole world’s economy.
https://wtfhappenedin1971.com/
And besides your Keynesian economics bullshit, all I argued is simple supply and demand, which has been true for thousands of years, since humans started creating farms inside fences. So spare me your bullshit and condescension. The only fantasy here is the communism you, and other ignorant Lemmy users, are living in your heads. I do hope you get your wish, and I’ll be laughing watching you getting shot in the Gulag.
yup, liberated who wants the gold standard back, doesn’t understand anything outside what fun pictures tell him, for example, you know what is more strongly ties to worker compensation? unions, not something that happened almost 10 years beforehand.
except it hasn’t, demonstrably, all through history we see, time and time again that vested interest groups with any larger amount of bargaining power artificially change valuation, then again, it’s not the neat simple and easy solution that appeals to the average person.
and imagine, anything but straight up barbarism (the name of the economic model you propose btw) is now communism XD
Who said I want the gold standard back? Not really. But the standard shouldn’t be this fiat fiasco we’re living in.
What history? The history you pulled out of your butt to make a point irrelevant to what I’m saying? red-herring much? This is the problem with discussions on social media. I’m saying “money printing creates inflation”, you’re so arrogant you don’t want to admit that much because it’s much easier for you to support your bunk communist agenda with “greeeeeeeeeeeeed”.
Just fuck off!