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07-15-2010, 12:24 AM
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#76 | | Banned (ABWS)
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Originally Posted by BaoXu  Pho Tam in Surrey is like $8 for a large bowl of pho! AAAAAAARRGGGGHHHHHHHHH | dam..
I still remember the prices were like $5.50 (small) and $6.50 (large) for most pho places I went to.
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07-15-2010, 06:34 AM
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#77 | | Banned (ABWS)
Join Date: Feb 2009 Location: Kits/Richmond
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| Quote:
Originally Posted by Amuse prices will NEVER drop here in BC. | Dropping prices means deflation. Deflation means the economy is in the shitter. The economy in the shitter means you might not have a job. Not having a job means you cannot afford $1 pizza.
Inflation is a good thing, now go learn why.
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07-15-2010, 07:01 AM
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#78 | | I *Fwap* *Fwap* *Fwap* to RS
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Originally Posted by taylor192 Dropping prices means deflation. Deflation means the economy is in the shitter. The economy in the shitter means you might not have a job. Not having a job means you cannot afford $1 pizza.
Inflation is a good thing, now go learn why. | Dropping the price on something doesn't necessarily cause deflation. Giving discounts and rebates won't cause you to lose your job, even for long periods of time. For example, they never drop prices on cars, they only give "cash back" and "rebates".
High Inflation doesn't mean we are all going to be balling. Inflation brings high prices where only manufacturers and a few industries make a lot of money. Even though tons of people will be better off but it won't bring everyone's living standards to a higher level. Optimal inflation is 2-4% per year (correct me if im wrong), which is not much year to year, but long term is huge.
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07-15-2010, 07:04 AM
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#79 | | Hacked RS to become a mod
Join Date: Feb 2002 Location: Sunny Hong Kong
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If you're going to discuss economics, please don't use terms like "balling"  | |
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07-15-2010, 08:10 AM
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#80 | | Willing to sell body for a few minutes on RS
Join Date: Aug 2002 Location: Vancouver
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| Quote:
Originally Posted by SkinnyPupp If you're going to discuss economics, please don't use terms like "balling" | Hahaha... 
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07-15-2010, 11:44 PM
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#81 | | RS has made me the bitter person i am today!
Join Date: Dec 2009 Location: Burnaby
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| Quote:
Originally Posted by taylor192 Dropping prices means deflation. Deflation means the economy is in the shitter. The economy in the shitter means you might not have a job. Not having a job means you cannot afford $1 pizza.
Inflation is a good thing, now go learn why. | Tell that to Zimbabwe, do you ever know what you're talking about?
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07-16-2010, 12:30 AM
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#82 | | Banned (ABWS)
Join Date: Oct 2006 Location: MacLeod
Posts: 7,298
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| Quote:
Originally Posted by taylor192 Dropping prices means deflation. Deflation means the economy is in the shitter. The economy in the shitter means you might not have a job. Not having a job means you cannot afford $1 pizza.
Inflation is a good thing, now go learn why. | well if the prices drop back down to where the equilibrium point is, then wouldn't it be a good thing? Assuming the prices are well above the equilibrium point right now.
dunno.. I'm not an economist. All I did in econ 101 was thinking about sashimi and armpits.
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07-16-2010, 08:24 AM
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#83 | | Banned (ABWS)
Join Date: Feb 2009 Location: Kits/Richmond
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Originally Posted by mikemhg Tell that to Zimbabwe, do you ever know what you're talking about? | Do you always bring a gun to a knife fight? Of course run away inflation is bad, duh.
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07-16-2010, 09:31 AM
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#84 | | RS.net, where our google ads make absolutely no sense!
Join Date: Feb 2004 Location: Vancouver
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How about the pay parking at 5000 Kingsway the London Drugs parking lot.
Use to be $1.25 now its $1.50 = 20% increase exactly.
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07-16-2010, 10:46 AM
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#85 | | I *Fwap* *Fwap* *Fwap* to RS
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Originally Posted by taylor192 Do you always bring a gun to a knife fight? Of course run away inflation is bad, duh. | Do you always post bullshit to mislead people?
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07-16-2010, 10:53 AM
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#86 | | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Nov 2006 Location: vancouver
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Originally Posted by van_driver Do you always post bullshit to mislead people? | easiest way to win a debate isn't to prove your point but to make your opponent wrong
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