Poll: Do you understand Economics?

[Ilikewaterkusa]

a

 

[AnonUnlimited]

I understand that the economy is probably run by pedophiles lobbying for laws.

 

[gaylolis]

i remember being able to save a decent sum on steam games just by trading tf2 items.

so yeah, i started by buying the tf2 keys from a local vendor with a cheaper price than the community market (it also had trade ban for 7 days iirc). the ones from the vendor can be traded right away. after that, i usually just went to the market and check for some hot tf2 items and went into backpack.tf

when i estimated the value and it brought more profits, i went to the key section and banked them to refined and scrap metals from the fastest buyer with highest price (they usually had bot so it's auto confirm). if not, i can just bank them on scrap.tf, at that time their rates were quite good. after that, i went and searched the hot items on backpack.tf and went to the bot-assisted sellers, sold them in steam community market among the lower prices and enjoy significantly more value compared to selling the keys directly.

but now tf2's kinda dead and i barely checked steam anymore, so yeah. trading was pretty fun.

nevertheless theoretical economics ain't among my usual favorite reading. i used to enjoy modern business books and even bought several of them from the bookstore.

though in real life, i wasn't really a businessman since i was lazy af and starting one isn't my thing since i hate dealing with people.

for the question: do I understand economics? I wasn't sure. all i know is just investing my resources into things i think that will yield the highest return, with the risk i can handle.

i do remember reading about the principle of supply and demand, but most of them i find irrelevant since im mostly dealing with simple things.

 

[Deleted member 58005]

I'm no expert, but I'm pretty sure economics has something to do with the economy.

 

[ABCGUY]

Who needs that we only need Return to Monke

 

[Minx]

I don't.

 

[ConansWitchBaby]

Unfortunately.

 

[Ilikewaterkusa]

I understand that the economy is probably run by pedophiles lobbying for laws.

And the government. Epstein types run it

Who needs that we only need Return to Monke

Unironically based. The industrial Revolution and its consequences have been a disaster for the human race…

I'm no expert, but I'm pretty sure economics has something to do with the economy.

Sounds like something Jen Psaki would say. The clueless press secretary for the white house

i remember being able to save a decent sum on steam games just by trading tf2 items.

so yeah, i started by buying the tf2 keys from a local vendor with a cheaper price than the community market (it also had trade ban for 7 days iirc). the ones from the vendor can be traded right away. after that, i usually just went to the market and check for some hot tf2 items and went into backpack.tf

when i estimated the value and it brought more profits, i went to the key section and banked them to refined and scrap metals from the fastest buyer with highest price (they usually had bot so it's auto confirm). if not, i can just bank them on scrap.tf, at that time their rates were quite good. after that, i went and searched the hot items on backpack.tf and went to the bot-assisted sellers, sold them in steam community market among the lower prices and enjoy significantly more value compared to selling the keys directly.

but now tf2's kinda dead and i barely checked steam anymore, so yeah. trading was pretty fun.

nevertheless theoretical economics ain't among my usual favorite reading. i used to enjoy modern business books and even bought several of them from the bookstore.

though in real life, i wasn't really a businessman since i was lazy af and starting one isn't my thing since i hate dealing with people.

for the question: do I understand economics? I wasn't sure. all i know is just investing my resources into things i think that will yield the highest return, with the risk i can handle.

i do remember reading about the principle of supply and demand, but most of them i find irrelevant since im mostly dealing with simple things.

This teaches you economics. And a little more. https://youtube.com/playlist?list=PLO0MloTwGgjgI2WSxpS_2KJFewpLd8Vt9

 

[Erysion]

The industrial Revolution and its consequences have been a disaster for the human race…

It all started from one mistake:

The Worst Mistake in the History of the Human Race

The advent of agriculture was a watershed moment for the human race. It may also have been our greatest blunder.

www.discovermagazine.com

 

[lnv]

I am quite proficient with economics, but I let my cat master manage all the money.

 

[gaylolis]

This teaches you economics. And a little more. https://youtube.com/playlist?list=PLO0MloTwGgjgI2WSxpS_2KJFewpLd8Vt9

i could hear this playing in my mind when i see karl marx

 

[RepresentingCaution]

I understand that the theories we are taught in school are far from a perfect model because the system is rigged.

 

[TheEldritchGod]

I personally broke the fair debt collection act as well as figured out new and interesting ways to legally violate federal banking laws.

For about 10 years i was a professional loop hole expert. I regret it. I never broke the law, but I am most likely responsible for so much damage to the economy its not funny.