3 ms·
If I have 5 apples, and I want 10 cents for each, and there are 10 people with 10 cents who want one, a rational actor will raise the price to maybe 20 cents.
by mimo777 10y ago
If I have 5 apples, and I want 10 cents for each, and there are 10 people with 10 cents who want one, a rational actor will raise the price to maybe 20 cents. Now if I, Mr. SJW go and give everyone an additional 10 cents, I still have 5 apples, so the same thing will happen. You can't create value by just magicking money into existence, so what's going to happen is that all 10 people will have 5 cents taken from them, the taker will spend 4 cents on himself and buy 2 apples to give to two people and blame the rational actor for raising prices. A more realistic example is that one person has 80 cents, two others have 6 cents, then 2 for the next 3 and 1 for the next two and the last two people have zero. A socialist will come along and promise apples for all and take 90 percent of person 1 through three's income and spend 70 cents on himself and divide the remaining 12 cents on the lowest 4 and still not be able to buy apples because of the price, so they will confiscate the apples making the apple seller stop pick apples and then no one will be able to eat, like Venezuela, and then the apple producer/retailer will be jailed and killed because he is mean.