Monday, Aug 03, 2020

Inflationist article

Forbes: Reality vs Illusion

"Back then, we were so upset about inflation that we were willing to endure a recession to fight it. Now, we are so resistant to a recession that we are willing to endure much more inflation." and perhaps more pertinently "By the time the 1970s ended, financial assets were cheap, while real assets were expensive. Today, it’s just the opposite."

Posted by stillthinking @ 05:40 AM (840 views)
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1. tenyearstogetmymoneyback said...

A good article although he doesn't mention Stagflation, which was the main outcome in the 1970s oil crisis.

Regarding Tech Companies, some are easy to understand; Amazon is a shop where I have bought loads of things. Ebay is an auction house, to whom I have paid £100s in fees.

In contrast, despite being an occasional Facebook user, I can't understand how they make any money.

Tuesday, August 4, 2020 08:13AM Report Comment

2. jack c said...

10 years

Facebook sells ads on social media websites and mobile applications. Ad sales are the primary source of Facebook's revenue.

Tuesday, August 4, 2020 09:55AM Report Comment

3. tenyearstogetmymoneyback said...

Jack C

I had read that before. Don't tell Facebook or their advertisers, but when I am looking at my friends or relatives posts I don't notice any adverts.

Google advertising is far more noticeable, especially at work where the first five results from a search are marked as adverts and blocked by the companies firewall. Very annoying when the link is to a company we use all the time like RS or Farnell.

Tuesday, August 4, 2020 10:25PM Report Comment

4. stillthinking said...

fb tracks you on other sites, its a root tracker, so the other adverts you see when you are browsing elsewhere are in fact facebook origin targeted ads (or google or some minor competitor), and thats a fair amount of ads
you can tick the do not track option in the browser but you still get the ads, just not targetted.

Wednesday, August 5, 2020 12:47AM Report Comment

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