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I have the feeling that the whole trade war starts from a pile of nonsense.
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Simon:

--- Quote from: soldar on June 02, 2019, 02:56:09 pm ---
--- Quote from: Miti on June 02, 2019, 02:34:41 pm --- Why do you think we keep people poorly educated and indoctrinated? That makes them gullible.  ;D
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Who is this "we" that keeps the people poorly educated? Because it seems to me the people themselves do a pretty good job of that by themselves. Most people are lazy thinkers who prefer cheap entertainment and garbage TV than study and improving themselves. Nobody is stopping them but themselves.

--- End quote ---

True, but it is a vicious cycle that self perpetuates. Personally I would eliminate child benefits and increase minimum wages. If you want kids you chose to have kids, not because you will get a government hand out. People who can be bothered to get a job and earn enough will tend to be better parents. I cringe when I see parents rebutting their children for asking questions because they are too lazy or thick to answer and promote an interest in their children.
apis:
It's also that there's not always time. If you don't have a lot of money you have to spend more time working, and you might have family and kids to care for. So might not be much time left for learning. Everyone might not be able to learn so easily either, you have to find information and digest it yourself. That said, a lot of people are just not interested.
Simon:
Well in this country as fast as women got more wages and the idea that women can work too the cost of living overtook wages. I find it unconceivable that couples have to both work full time just to mae ends meet. But this is all part of keep them down and ignorant. David Cameron made it clear:

https://www.mirror.co.uk/news/uk-news/david-cameron-resents-poor-prime-4358539
apis:
It's a zero sum game, if people get more money prices go up, also known as inflation. They measure this against commodity goods like bread. I.e. if someone a 1000 years ago had money equal to 1 loaf of bread every day, and someone today also has money enough to buy 1 loaf per day, the idea is that they were equally "rich". (The difference of course is the amount of work that was required to produce the loafs of bread). Sweden has an inflation goal of 2%, i.e. the cost of bread go up 2% every year. If your salary doesn't also go up 2% every year you are getting poorer (in this somewhat arbitrary sense).

I just realised I wish I knew more economics. People on this forum probably know a lot about electronics and other engineering topics, but how much do we know about other subjects? We don't have time to learn everything either, there is just too much to learn and too little time in a life.
Simon:

--- Quote from: apis on June 02, 2019, 04:59:36 pm ---It's a zero sum game, if people get more money prices go up, also known as inflation. They measure this against commodity goods like bread. I.e. if someone a 1000 years ago had money equal to 1 loaf of bread every day, and someone today also has money enough to buy 1 loaf per day, the idea is that they were equally "rich". (The difference of course is the amount of work that was required to produce the loafs of bread). Sweden has an inflation goal of 2%, i.e. the cost of bread go up 2% every year. If your salary doesn't also go up 2% every year you are getting poorer (in this somewhat arbitrary sense).

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Worker cost is not the only contributor to prices. We live in a society geared towards churning out as much "stuff" as possible, to make as much profit as possible only to encourage the consumer to throw away what they just bought to buy another thing no better than the last. We see a gradual deteoriation in the quality of goods. People do not understand the buy cheap buy twice.

In the UK we have families requiring housing benefits becasue despite working full time they cannot afford rent. We also have astronomical rents. My house has doubled in value in 8 years. My mortgage (loan for the house) costs me each month 1 half of what rent is. We had the financial crash and our central bank decided that to stimulate the economy they should lower interest rates. So mortgages became cheap and peoples money in the bank was not making interest. So every man and his dog went out and bought a second house as an investment becasue they could double their money. So the prices of houses shot up and so did rents.

So many families can ill afford their rent and will never be able to save for the deposit to buy a house. So once if you were clever you bought a house at a sensible price, you had a certain amount of interest to pay but you could afford the overall price. If you were smart you paid some extra each month and because of thu interest rate it made a massive difference reducing interest costs over decades. But now while paying the same money each month your capital value is high and your interest is low so no matter what you pay extra it hardly makes a difference. I stopped overpaying my mortgage with its 2% interest and invested at 8.5%. My saved money will rack up interest faster in savings than it would reduce interest in my loan allowing me to pay off even earlier later.

So the financial policy in the reccession did nothing for the poor, it made them poorer and not one politician or banker lost out. So yea in this climate try having children and having the time to bring them up properly and wonder why there is ignorance.
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