Dope Tech Episode 2

<<@RicketyRider says : My primary critique is the notion that real competition is largely absent in many contemporary markets. Many industries are characterized by oligopolies or monopolistic competition where a few large firms dominate, often due to high barriers to entry, such as high start-up costs, regulatory hurdles, or technological advantages. While there is competition, it doesn't always lead to the outcomes predicted by models of perfect competition, such as price-taking behavior, identical products, and free entry and exit. Instead, strategic behavior, product differentiation, and market power play significant roles, leading to outcomes where firms can influence prices and market conditions more than traditional economic theory suggests.>> <<@MikeTesa says : Either president that gets elected, no doubt my mind things will get worse with inflation. Trump kicked off inflation further by forcing the fed to reduce rates during the pandemic>> <<@jerrycampbell-ut9yf says : The consequences of the recession are starting to become apparent. The long-term downturn in the housing industry and property prices is having an effect on people. I want to put my lump sum windfall from the sale of my house in the Sacramento area into the stock market before prices begin to increase once more. Would this be a good time to buy?>> <<@bradleyvanzile1111 says : This is not true for everyone!>> <<@Aiguy872 says : Logan Paul wants his shaky camera back>> <<@JamesBlue-v4d says : He’s going to be wrong in the short run>> <<@karimbennett5651 says : Harris’s unrealized gain tax would be only for those with assets if $100 million or more, and who have high liquidity. I am not saying I am in favor of it, but at least give people the correct information.>> <<@kevinl7173 says : The main causes of the inflation are Trump's trade war with China and the Ukraine war, everything was pretty normal before these 2 wars, no doubt somebody had opened Pandora's box>> <<@lamsonp says : Kroger admitted to price gouging. Clear example of this practice is in medicine.>> <<@Fitinfifties says : Schiff unleashed, could listen to Peter talk free markets and government all day.>> <<@mydogharlee says : Price control by the Government who can’t do anything right. They will do it half ass with high level of incompetence only leading to higher prices and or shortages. This has been tried all over the world and it causes those two things.>> <<@mydogharlee says : Paying property tax is unrealized gains, unconditional? They do it anyway.>> <<@thomasrogers9146 says : I WAS IN CHINA AND SINGAPORE LAST YEAR.. THE REASON FOR CHINESE SUCCESS IS THE STATE AND PRIVATE SECTOR WORKING TO SOLVE BIG PROBLEMS. MY COMPANY MANUFACTURERS MODULAR HOMES SO I FULLY UNDERSTAND THE HOUSING CRISIS .WE NEED TO MOVE AWAY FROM THIS REAGAN ANTI GOVERNMENT DEMONIZATION AND THIS OBSESSION WITH THE PRIVATE SECTOR WILL SOLVE ALL OF OUR PROBLEMS.. THIS IS AN IDEOLOGICAL FUNDAMENTALISM THAT IS HOLDING OUR NATION FROM DEVELOPING..THE PRIVATE SECTOR FOR PROFIT HEALTHCARE SYSTEM FAILED UNDER THE WEIGHT OF THE COVID EPEDAMIC..WE ARE WATCHING BOEING SELF DESTRUCT, FORD ,GM CAN NOT MANUFACTURER AFFORDABLE EV,S DESPITE MASSIVE SUBSEDIES..THE STATE HAS A ROLE TO PLAY IN SOLVING BIG PROBLEMS..THE SPACE PROGRAM WAS ACHIEVED BECAUSE OF STATE AND PRIVATE SECTOR WORKING TOGETHER..WE BUILT THE GREATEST AND MOST PROSPEROUS MIDDLE CLASS DUE TO GOVERNMENT POLICY AND IMPLEMENTATION OF THOSE POLICIES.. THE REASON WHY OUR NATION IS IN DECLINE AND FAILING INFRASTRUCTURE, UNAFFORDABLE HOUSING, HEALTHCARE, EDUCATION IS BECAUSE WE HAVE HAVE PRIVATIZED EVERY SECTOR OF OUR ECONOMY AND NO ONE GIVE A DARN ABOUT THE COMMON GOOD FOR ALL AMERICANS..YOU CAN COMMODIFY EVERY ASPECT OF A NATION AND EXPECT ECONOMIC SECURITY FOR ALL..SOME INVESTMENTS SHOULD NOT BE FOR PROFIT..WALL STREETS IS NOT GOING TO SAVE US OR SOLVE ANY MAJOR CRISIS LIKE AFFORDABLE HOUSING..THE STATE HAS A ROLE TO PLAY IN A CIVILIZED NATION.MARKET FUNDAMENTALISM NEEDS TO GO AND WE NEED SOME PRAGMATISM IN AMERICA. WE ARE OBSESSED WITH USELESS IDEOLOGY AND NO OBSESSION WITH BASIC PRAGMATISM AND OUTCOME.THE MARKET MY ASS>> <<@Jimmy-mx4cc says : In Australia ..my opinion 40+% people on fat fat welfare payments Another around 30-40% public self servents..fake government Jobs.. Now a pack of cigarettes $69>> <<@GenX_-um2ct says : People don’t understand why I try to learn DYI everything! Or know a good friend who can help teach me. Car repairs are 1 of the easiest to start with. Learn to change oil, do your own brakes.>> <<@pauls9322 says : Even mentioning tax on unrealised gains ruins the trust in and brand of your country. It makes companies and your best & brightest have to take early evasive measures to risk manage.>> <<@jameslee-dp6cb says : I think, eventually, desparate people will begin to attack the wealthy in a few years. They know that some of the wealthy are guilty of genocide. They also know that the wealthy intend to capitalize on the climate change issue. But it wont work this time. This time the public wont lie down and take the excuses that government issues. And they wont trust wealthy corporations any more. It will take them some time, but I think the days of super corporations are now numbered. I could be wrong, but they have made it easier for people to become disgruntled with them. The propaganda of "cant get enough workers" has really infuriated workers. And citizen workers know that theyre looking for an excuse to fire citizen workers to hire cheap migrant workers. I think the result is going to be less and less citizen workers to the point that businesses have to close. The result is going to be depression. They know the wealthy will try to cut their food supply and steal their land. But as the wealthy get driven out, they know they will eventually run their own country again. When the wealthy buy up the land, they identify themselves. And this will make them a target. Its just a matter of time. Numbers are on the side of the people. This is speculation on my part of course, but I see every day now where people are becoming more defencive. Its an indicator of unrest to come.>> <<@mustaphakamara362 says : What about when the companies collide to fix the price? Competition is not always there.>> <<@bobzacamano658 says : Oh I’m just sooooooooooooo scared!>> <<@gabe5946 says : The government doesn’t have any money until they take it from taxpayers, that’s what middle class America doesn’t understand>> <<@gabe5946 says : This guy can explain everything>> <<@davidcollier3604 says : I'm hoping I can get a tax refund for unrealized losses.>> <<@denise8242 says : No taxes! Taxes and fees are stealing the people's wealth slowly.>> <<@nicholasm2254 says : Cannot afford anything because we operate with a privately controlled central bank. We need to take back our money as so many of our founding fathers pointed out again and again. IT IS THE CENTRAL BANKS WHO MUST BE REMOVED FROM POWER.>> <<@harryunderthere123 says : What an idiot. If the government doesn't regulate it's not just businesses doing what they want, another "government" enters, the mob, the syndicate, they will control your business. So one sided and dumb. Regulation comes from humans trying to control what's best for their interests and business. Remove government enter mobs. Never ends.>> <<@Parkinson63 says : Of course supermarkets can price gouge if they collude to inflate prices or accept manufacturers reducing pack sizes to raise their margins. This is even easier when there are only one or two supermarkets within reasonable reach. I love the obsession of some Americans with minimalist taxation and purist free market tub thumping, while bridges, airports and other important infrastructure owned in common falls apart and embarrasses the country>> <<@pissoneoff says : $25k new home buyers is a coupon to debt. Usa has loan ownership not home ownership. Debt run socialism.>> <<@rignips says : Peter is the frikin guy. I wish politicians understood economics at just a 1/4 the level he does>> <<@AliveDeejay says : Please look into the controversy of Betterhelp, they're basically a scam service. Thanks for your content though :)>> <<@willmonson7730 says : How about raising wages?>> <<@ArmoredAnubis says : Why are we still talking about these policies they're not going to win???>> <<@Comut-d4m says : We had no tax on capital gains and we we did just fine. People didn't scream tax the rich. Our government basically ran amock on a spending spree with our tax money.😮>> <<@XPkoolXD says : why does the camera keep focusing on this blank stare NPC while shaking like it's a warzone? Your face is annoying.>> <<@Andreavince-v says : Everyone's been promoting investing as a source of passive income, but with a 70-hour workweek and limited financial knowledge, how can I stay on top of things? Every YouTube video says "BUY, BUY!" but when and how do I sell for profit at the right time?>> <<@norm2264 says : If Harris gets in she's not given nothing what's not today give it's all a bunch of talk trying to buy buy votes that's all it is>> <<@zcallis1 says : The massive inflation that began in 2021 and turned out to be permanent inflation due to massive government spending and money printing>> <<@erikrichter3807 says : Aldi and Lidl will also lower prices in many supermarkets..>> <<@maryolson8519 says : This is common sense but Common sense is no longer Common.>> <<@dapsolita says : This poor guy is really stuck in a time warp😢>> <<@thomasdeeter3679 says : I don’t trust millionaires or billionaires tell us how things that could help middle class as the worst thing. They just don’t want to pay taxes. Economists have overwhelmingly stated these policies will help. Who has a reason to twist the truth? Economist or the 1%? They always love to say unconstitutional. They are the liars they are why we have inflation they made more money than ever during the pandemic. No price gouging? I call bullshit. He says we have choice? You wont shop at the expensive grocery store you’ll go to lessexpensive store. Yeah right! First they ate all over priced second who has time to drive all over town looking for deals? This guy hasn’t bought his groceries in decades. Total BS. He spends the whole time talking about the constitution then ends with people shouldn’t have the right to pick a president.>> <<@ncscooterz says : Real estate needs to be banned from corporations AND non American citizens!>> <<@igoodkid334 says : This guy is so wrong, or he’s lying on purpose! House prices are high already, no one can afford the highest Sales Prices in Real Estate History! so the government should subsidize people to buy homes (as they subsidize the richest corporations like oil companies, pharmaceuticals and banks giving THEM billions of $$!!) this guy is against helping people. Another untrue statement he said “there is no price touching”. Yes there is! Food acquisition costs have remained the same and even been lower because few food corps own 80% of the distribution, cheating farmers, paying them LESS money, yet raising prices in stores. There is evidence from audits and ex employees hidden recordings, emails where corporations have “agreed” to a set price for a each item. Give me a f…ng break, how can this guy Not know that?>> <<@dianepg1653 says : Tom, I hope you read this. One question I want the answer to, is why the food ( produce) in the U.S. costs 5x what it costs in other countries. I’m in Greece right now and I’m shocked at the difference. And no, we do not have a choice in the U.S. where to shop. If we do not want to eat total crap we have to find organic for a ridiculous amount of money. The US is a large country with every climate. There is no reason why we cannot have great, inexpensive food. If other countries can do this why can’t we?>> <<@Titilayyoo says : Whole Foods?>> <<@pjnewton1014 says : Medical debt forgiveness is just an empty promise to buy votes. Replace the word "medical" with "student loan".. its the exact same scenario that the executive branch has no authority over. Anyone who believe this is just desperate and they are preying on your desperation.>> <<@lasanjata says : My wife used to work for Verizon and i was surprised to learn that the accounts she used to work with were of the housing market the amount of property owed by these corporations is astronomical>> <<@cliftonodom3059 says : The plan is not just give people $25,000 to buy a house but also build more houses.>> <<@jimtorode9330 says : Folks who struggle to BUY a home often down realize the cost of OWNING and MAINTAINING a home...and you never hear about a mortgage lender or real estate agent who cares about educating consumers on the true total cost of home ownership. Without enough cash cushion to handle the inevitable repairs (HVAC, plumbing, electrical, roof, landscape, etc.) necessary to maintain a home, it can spiral from the American Dream into a financial nightmare for folks living from paycheck to paycheck.>> <<@travissmith3039 says : 15 mins to say capitalism is the problem>> <<@kt6332 says : Giving people money to buy homes means you’re giving money to people who can’t afford to buy, meaning they will eventually lose the home they couldn’t afford to begin with. Giving money away is not a solution!>>