Learning about capitalism, in an engaging fun way; explained by a fun engaging young man trying to educate folks in a way they would like to learn. And enjoying every minute of being a part of the "new media"
Saturday, March 18, 2006
Some things you don't learn in school
When gasoline prices rise, do you think of it as a bad thing? Let me tell you what it really does. High gasoline prices tell oil companies "Hey....you can make a killing right now if you get in there and offer customers a cheaper price for their gasoline!" As a result gas prices drop.......now did you learn that in school?
-
Capitalism isn't the reason a coke bottle costs $3 today. Capitalism is the reason a coke bottle cost only 5 cents in the old days. G...
-
Capitalism isn't just about making money. It's also about competition. When lots of people are trying to sell the same thing, the...