121–130 of 402 posts
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your comment was suggestive of it whether that was your intention or not
Where? In that post I shared my own personal strategy for saving money by doing my shopping at a wholesaler instead of an ordinary supermarket. No state intervention required.
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what happened to the Common Market
Common market means that Apple can't charge for iCloud to Sweden more expensively (before tax) than what they charge to Spain, it doesn't mean that goods made in one country of the union can't have way different pricing in another based on shipping, VAT, taxes, labor, supply/demand, or straight up price gouging.
“asymmetric information warfare” I think that’s a great term in explaining how “the free market” doesn’t work.
Asymmetric information warfare is the method of abuse for all systems; “free market” that is nothing like it, “democracy” that is not the self-interested will of the majority, and also the false solution to “free market” and the “saving democracy” that are pushed by the oligopoly ruling class system in a false guise of social justice or “wokeness” and claims of saving fake democracy.
Only part i don't agree with is don't visit Austria. I had such a nice time there this summer, cant wait to go back. And everything is so cheap compared to Swedish grocery stores ..
Because wages are also much lower. I know some devs who bumped their wages considerably moving from Austria to Goteborg while also getting better QoL.
Lots of comments here saying Germany is 30 percent cheaper than Austria. Isn’t living in Vienna much cheaper than living in big cities in Germany like Berlin and Munich? So overall it’s still a better deal to live in Vienna than in Munich.
Truly shows how Free Markets are the most efficient
If food and housing gets too expensive, then sorry mate, nothing we can do about it, that's just how the free market™ works, try working harder. But when labor gets too expensive pushing wages up, then it's no longer the free market, but it's a "labor shortage" catastrophe all over the media and we have to shed tears about the poor business owners wo can't afford a second Porsche, so immigration gets turbocharged unt…
The land owners take all the extra work and laugh all the way to the bank.
Of course if people collectively decided to work half as hard there would be less money for housing and then prices would come down. Workers wouldn’t lose out.
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I’ll help you with your research: Ex-Austrian minister who danced with Putin at wedding lands Russian oil job https://www.theguardian.com/world/2021/jun/02/former-austria...
Bruh, that's old news. She now moved to St. Petersburg to work for the Russian government and the Russian air-force had to fly her ponies in too (because that's what you use your airforce for in times of war). It sounds like an Onion article but it's real. https://www.theguardian.com/world/2023/sep/14/karin-kneissl-...
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One trick I noticed while doing data input for supermarkets (in a different market) is that price rises are always advertised as promotions. Say a supermarket has a $1.10 item and they want to increase that product to $1.50. They'll up the price to $1.50 immediately, and add a "40c off" to the ticket. The consumer sees "promotion" and assumes it's a discount, when it's actually just the same price as usual. Then ~2 w…
Pretty much not for me. I both have a bunch of products imported from receipts over the years, and I remember many per 100g prices for products I regularly buy. This simply does not happen, at least not at the stores I shop for the products I buy (note that I don’t buy any finished meals or processed food outside the occasional salami, so my habits are pretty different from most people).
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REWE seems like the only publicly listed grocery retailer in Austria: https://en.wikipedia.org/wiki/REWE_Group 2022 numbers: https://www.rewe-group.com/en/press-and-media/newsroom/press... > combined net profit fell by 33.4 per cent, from 755.6 million euros to 503.5 million euros. > Total revenue up 10.4 per cent, or 8 billion euros, to 84.8 billion euros So 2022 profit margin of 0.5B/84.8B = 0.5%. 2021 profit margi…
wow, Metro AG's stock is doing horribly this year. but they're supposedly raking in tons of cash from Austria? EDIT: SPAR Group, Inc. is doing very badly as well. I think this theory is highly suspect
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>have you ever tried building a house? it's one of the least free markets there is. The "free market" in the context of housing was meant in a satirical way hence the TM symbol. Of course that market is 100% fixed by design but we get parroted the story where it's 100% "free" as if the government has no control over the levers that wholly impact it's pricing (zoning and building regulations, immigration, interest rat…
well, there are genuinely dumb people out there who think that housing is a market failure. like homebuilders are unwilling to take necessary risks or something. and they definitely don't mean the risk of going to prison (100%)
https://www.theguardian.com/cities/2017/jan/31/britain-land-...