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Lowest “Who is hiring?” Post Count in 30 Months

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Re: Lowest “Who is hiring?” Post Count in 30 Months

#71

Post by interpenetrate »

harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

Within a single firm, particularly large ones, surpluses and deficits can be communicated absolutely and crises can be practically eliminated. (It would be unthinkable for Amazon to leave the coordination of its processes up to some sort of internal free market.) As for action between firms, the anarchy of the market is fundamental to capitalism. Real competition is a basic characteristic of capitalism and so perfect information is not a tendency of the system (despite its theoretical elevation in neoclassical economics).

So, no, there is no solution. To avoid crises of overproduction (including the subsequent adjustments), the planning that takes place within the capitalist firm has to be extended to the global network of production.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#72

Post by etrautmann »

godelski wrote: post #62
harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

> Which may be true, but it can also be a self-fulfilling prophecy if everyone is doing that on all platforms. Which would be a shame. This also happens with inflation. It is probably because people start acting differently. The hypothesis is that if people are preparing for a recession then demand goes down, which pushes prices up, which is identical to inflation. Obviously this model is far too simplistic but it is…

What? That’s opposite of how it should work. Lower demand depresses prices.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#73

Post by ptmcc »

actually_a_dog wrote: post #63
WheatMillington wrote: post #56

Earlier quoted context omitted.

Quoted post unavailable.

You know what they say, right? Economists have predicted 9 of the last 5 recessions. Talk is just talk until people start believing it.

Indeed, and more like 20 out of the last 1.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#75

Post by godelski »

etrautmann wrote: post #72
godelski wrote: post #62

Earlier quoted context omitted.

> Which may be true, but it can also be a self-fulfilling prophecy if everyone is doing that on all platforms. Which would be a shame. This also happens with inflation. It is probably because people start acting differently. The hypothesis is that if people are preparing for a recession then demand goes down, which pushes prices up, which is identical to inflation. Obviously this model is far too simplistic but it is…

What? That’s opposite of how it should work. Lower demand depresses prices.

Not if you want to make the same profits.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#76

Post by willcipriano »

jt2190 wrote: post #32
JohnJamesRambo wrote: post #19

Can we get a "Who is firing?" post going?

I genuinely don’t understand what the purpose of such a thread would be. * Weird sense of relief? (“At least I wasn’t laid off!”) * Gloating? (“Ha! I knew that wildly successful company wasn’t so great!”) * Determine if a particular company is shrinking headcount? (Seems unreliable at best.) Something else?

Good signal not to apply. I won't join a firm that has recently had layoffs for obvious reasons.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#77

Post by rvbissell »

godelski wrote: post #62
harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

> Which may be true, but it can also be a self-fulfilling prophecy if everyone is doing that on all platforms. Which would be a shame. This also happens with inflation. It is probably because people start acting differently. The hypothesis is that if people are preparing for a recession then demand goes down, which pushes prices up, which is identical to inflation. Obviously this model is far too simplistic but it is…

Why do you say that softening demand will cause prices to go up? That sounds contrary to every economics lesson I've ever had.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#78

Post by slg »

citilife wrote: post #52
battery_glasses wrote: post #38

Earlier quoted context omitted.

This could be considered a good thing. The whole point of increasing interest rates is to lower business investment and consumer purchasing power, which is what we need to do to combat inflation (or magically fix all supply chain issues.)

> This could be considered a good thing. Lower wages, lower job mobility, asset deflation, consumable inflation -- YAY! ...

It is still wild to me that this is the approach we are taking, things are getting too expensive so let's shrink the economy. That can't be the best solution. We are throwing the baby out with the bathwater.

Re: Lowest “Who is hiring?” Post Count in 30 Months

#79

Post by robertk »

harryvederci wrote: post #23

I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…

https://www.financialsamurai.com/best-time-to-start-a-busine...

“ The Best Time To Start A Business Is During A Downturn”

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