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Quote from: Pendergast on November 20, 2010, 09:38:30 AM Oh well, I knew it would be pointless. A perfect market doesn't exist, so the economy requires adjustments from time to time. Whether this particular one was a good one will be known in time.A perfect market maintains equilibrium 100% of the time and never fluctuates. You're right. It doesn't exist. We are talking about natural corrections and not about perfection. But thanks for tapping out.
Oh well, I knew it would be pointless. A perfect market doesn't exist, so the economy requires adjustments from time to time. Whether this particular one was a good one will be known in time.
Quote from: Jeffy on November 20, 2010, 10:34:10 AMQuote from: Pendergast on November 20, 2010, 09:38:30 AM Oh well, I knew it would be pointless. A perfect market doesn't exist, so the economy requires adjustments from time to time. Whether this particular one was a good one will be known in time.A perfect market maintains equilibrium 100% of the time and never fluctuates. You're right. It doesn't exist. We are talking about natural corrections and not about perfection. But thanks for tapping out. Tapping out? Your definition is wrong. Fascinating; though, that you declared yourself the winner of a contest that never existed.
As in discussing economics. Everyone has opinions set in stone on the subject. Nice try though, not even close to starting a contest.
