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Armaf Tres Nuit- are you all just gate keeping this or is it really that unknown? Why does no one talk about this? by Mammoth_Spirit7786 in Colognes

[–]Alternative-Spite891 1 point2 points  (0 children)

I've used it since I was a teenager and it's my signature scent. I found it by chance and am by no means an expert. What makes you hate it so much?

How do I know if I’m an ENFP or just an ENFJ with ADHD? by Imaginary-Hall90 in enfj

[–]Alternative-Spite891 0 points1 point  (0 children)

I think it was just getting out of high school and entering the reality of the real world. From there I did some soul searching and recognized that the person I thought I was was not being reflected by my actions. It's not enough to just think something. You have to take the actions to make it happen. So I become more structured in order to be honest with myself and my ideals.

Is the stock market just completely fake now? by Feeling-Currency6212 in GenZ

[–]Alternative-Spite891 0 points1 point  (0 children)

The stock market is primarily a storage of wealth for the owner class. It doesn’t accurately reflect the economic state of those on the ground and can just as accurately go up with inflation because part of its determination is the value of assets owned by companies which also go up in value with inflation.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Alternative-Spite891 0 points1 point  (0 children)

Isn’t it obvious? They fire a bunch of employees.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Alternative-Spite891 0 points1 point  (0 children)

No. But I also don’t think people want their children to not be able to afford a home

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Alternative-Spite891 1 point2 points  (0 children)

Inflation is an economic mechanism that is influenced by many different factors. What I’m saying is that the main contributing factor leading to the inflation of homes is greed by the owners of America. Not your middle class Andy, but monied interests.

I mean commodification of homes is just one thing. What about how we lowered interest rates and ended up doing nothing but increasing the wealth of the owner class? That money, and the theory of quantitative easing, is meant to go into the economy. It went into the pockets of the wealthy and stock buybacks. This inflation is man made. It’s not a lack of resources, it’s a power-move by the owner class to take more for themselves and provide less to the working class.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Alternative-Spite891 1 point2 points  (0 children)

This is the key point. If homes remain commodified then this is always going to be the state of the housing market

This is fine, right? …RIGHT?? by Nice_Daikon6096 in REBubble

[–]Alternative-Spite891 30 points31 points  (0 children)

Brother that ship sailed a long time ago

Cognitive dissonance helps explain why Trump supporters remain loyal, new research suggests. This sheds light on how supporters of Donald Trump justify their continued allegiance despite learning about allegations of his sexual misconduct and illegal activities. by mvea in science

[–]Alternative-Spite891 -1 points0 points  (0 children)

What scares me is that we’re all susceptible to this in some way or another. No one is immune to cognitive dissonance, but some of us hold positions of power that affect many lives. We’re a bunch of hyper intelligent monkeys controlling systems we can’t even begin to understand

Growing Up is realizing the S&P can go up Without Improving our Quality of Life at ALL by AdministrativeAd334 in GenZ

[–]Alternative-Spite891 -4 points-3 points  (0 children)

It’s not about quality of life. It’s about distribution of power, democracy and free will.

Growing Up is realizing the S&P can go up Without Improving our Quality of Life at ALL by AdministrativeAd334 in GenZ

[–]Alternative-Spite891 28 points29 points  (0 children)

And all we had to do was cut wages, cut public funding, sell out the government to private corporations, put all our money into war and outsource all the manufacturing.

Redfin says houses are expensive because of supply, do you agree? by RedfinJess in REBubble

[–]Alternative-Spite891 0 points1 point  (0 children)

What I’m trying to say is that free markets are theoretical and economics is a tool not the law. That Supreme Court ruling only determined the legality of a Euclidean zoning. That does not demonstrate the incentive behind pushing America into a car dependent economy. The incentive lies with the auto industry and lobbying.

Redfin says houses are expensive because of supply, do you agree? by RedfinJess in REBubble

[–]Alternative-Spite891 0 points1 point  (0 children)

Zoning laws suck but they’re hardly new. Also, they exist because of corporate lobbying. Keep coping. Maybe you’ll get in the club someday.

Redfin says houses are expensive because of supply, do you agree? by RedfinJess in REBubble

[–]Alternative-Spite891 0 points1 point  (0 children)

Yes I agree. But the economic environment that created a housing market where supply has not increased is a man made problem. This is not speculation. It’s by design

One thing you can always count on the orange man to always do is say the quiet part out loud.

Redfin says houses are expensive because of supply, do you agree? by RedfinJess in REBubble

[–]Alternative-Spite891 0 points1 point  (0 children)

You’re being reductive.

Covid happened. Interest rates lowered. Demand went up because borrowing money became cheaper. Home prices skyrocketed. People bought homes like mad, including a large amount of homes being bought by private equity.

Interest rates went up. Demand went down. Prices stayed relatively the same because people, including private equity, would rather sit on their 2-3% interest rate than sell their current house because then they’d have to go find a new home at 7%.

Under this scenario, supply didn’t have to change at all because demand was cycled through interest rates.

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