Row 71708

Row ID: 71708 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 71708 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Too few goods…with no shortages? No empty shelves. That money, not really distributed equally, meaning the power of demand wouldn’t be anywhere close to dollar for dollar, because consumers got a percent of a percent on those dollars. Record profits. Stock buy-backs in the tens of billions. Buy-outs. Consolidation. This is where that money went. The market gains since 2008. The ridiculous valuations of companies. Ordinary labor/consumers barely got anything.

Damn near everything we buy is cheap plastic. There’s no shortage of plastic, and no shortage of cheap third world labor. Coca-Cola has doubled in price…no shortage in corn syrup. Oil prices went up…and come to find out, it was due, in part, to the collusion between an American Oil tycoon and OPEC. The price of oil affects the price of everything, from shipping to plastic, it makes the world go round. Not to mention the growth in popularity for price > volume. Corporations are abandoning the lower rungs, squeezing more out of those who have it.

The initial shortages during covid weren’t really even shortages of products, but a result in not having warehouse stock due to JIT shipping methods meant to lower quarterly operating cost for stock projections.

Sure, we have a shortage of affordable houses in areas seeing the greatest influx of people, but we also see hedge funds (foreign and domestic) buying up entire neighborhoods in these areas. We see rent rising…but that also lines up perfectly with the growth of Real Page — a company founded by a guy who’s already been convicted of price fixing in the airline industry. Even then, we definitely have a shortage of housing in these areas. So sure, the housing market has too few goods…but I can’t help but wonder if the too much money has to do more with investment firms gobbling up the goods than it is the working class.

Inflation is a complex beast that economists rarely accurately pinpoint the cause of until after the fact. Too complex a system, too much data, too many variables, too many unknowns in the moment. But I think it’s safe to say it’s not really a “too few goods” issue, considering the lack of shortage on goods.

FieldValue
text Too few goods…with no shortages? No empty shelves. That money, not really distributed equally, meaning the power of demand wouldn’t be anywhere close to dollar for dollar, because consumers got a percent of a percent on those dollars. Record profits. Stock buy-backs in the tens of billions. Buy-outs. Consolidation. This is where that money went. The market gains since 2008. The ridiculous valuations of companies. Ordinary labor/consumers barely got anything. Damn near everything we buy is cheap…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1mMklacTNQTUZYTlNKbU9MUmEyeXc0WXhVOTZxWk5nbkRqOXNDVVlWc3M4eWxFRURxQVNILUNCUjAzSUR3XzVtY2dvMDJpSGVJX1M0UUFPdU5pUG9abFE9PQ==
url_encoded Z0FBQUFBQm5Lak93Qkg1TjVPbERWT0hiM0V2bW9HNkZ1TDZ1TEpETzF0SVphYzZjbE5tS3haTGUtTXZoamZaOVRTMmJQbXJXbmN1b2RUdVlDTnR1MExZNTAzSl8tVGNGbFl3M2pSMlVvMlZUMzNsRE1mT2hNRUFRXy1uaEF4Q1hWR0g4UmpUOWxLU1VTdUhrOEFKZk5TdTNjekZHQzdYRDdpdTQ0T01ib2J0cUZwanlpLUdpYXh5R0pMdTJwZ2ZTSjlwNmR3Tm5TQUw1TlQ4NWVzUzVoQUVMbnNVU29TUllYUT09

Raw Record

{
  "text": "Too few goods…with no shortages? No empty shelves. That money, not really distributed equally, meaning the power of demand wouldn’t be anywhere close to dollar for dollar, because consumers got a percent of a percent on those dollars. Record profits. Stock buy-backs in the tens of billions. Buy-outs. Consolidation. This is where that money went. The market gains since 2008. The ridiculous valuations of companies. Ordinary labor/consumers barely got anything.\n\nDamn near everything we buy is cheap plastic. There’s no shortage of plastic, and no shortage of cheap third world labor. Coca-Cola has doubled in price…no shortage in corn syrup. Oil prices went up…and come to find out, it was due, in part, to the collusion between an American Oil tycoon and OPEC. The price of oil affects the price of everything, from shipping to plastic, it makes the world go round. Not to mention the growth in popularity for price > volume. Corporations are abandoning the lower rungs, squeezing more out of those who have it.\n\nThe initial shortages during covid weren’t really even shortages of products, but a result in not having warehouse stock due to JIT shipping methods meant to lower quarterly operating cost for stock projections.\n\nSure, we have a shortage of affordable houses in areas seeing the greatest influx of people, but we also see hedge funds (foreign and domestic) buying up entire neighborhoods in these areas. We see rent rising…but that also lines up perfectly with the growth of Real Page — a company founded by a guy who’s already been convicted of price fixing in the airline industry. Even then, we definitely have a shortage of housing in these areas. So sure, the housing market has too few goods…but I can’t help but wonder if the too much money has to do more with investment firms gobbling up the goods than it is the working class.\n\nInflation is a complex beast that economists rarely accurately pinpoint the cause of until after the fact. Too complex a system, too much data, too many variables, too many unknowns in the moment. But I think it’s safe to say it’s not really a “too few goods” issue, considering the lack of shortage on goods.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1mMklacTNQTUZYTlNKbU9MUmEyeXc0WXhVOTZxWk5nbkRqOXNDVVlWc3M4eWxFRURxQVNILUNCUjAzSUR3XzVtY2dvMDJpSGVJX1M0UUFPdU5pUG9abFE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak93Qkg1TjVPbERWT0hiM0V2bW9HNkZ1TDZ1TEpETzF0SVphYzZjbE5tS3haTGUtTXZoamZaOVRTMmJQbXJXbmN1b2RUdVlDTnR1MExZNTAzSl8tVGNGbFl3M2pSMlVvMlZUMzNsRE1mT2hNRUFRXy1uaEF4Q1hWR0g4UmpUOWxLU1VTdUhrOEFKZk5TdTNjekZHQzdYRDdpdTQ0T01ib2J0cUZwanlpLUdpYXh5R0pMdTJwZ2ZTSjlwNmR3Tm5TQUw1TlQ4NWVzUzVoQUVMbnNVU29TUllYUT09"
}
Explore Dataset Explore Row

Entry Information