Cost-volume-profit is an analysis tool managers use to manage a business. The paper David W shared shows how the tools within Neo-Fisherism lowers economic activity. We see this in housing transaction volumes crashing, but not prices. When it comes to everyday expenses, the wage earners trying to cut back there too. As they cut back, prices on the lower end will rise to match the lower activity (selling ten $100 items is the same as five $200 items). This will drive wedge further as asset holders are unaffected. Question then for folks: How is the rising prices affecting your area? Do you hear about and see people cutting back? Also it feels like it the avergae wage earners is a lot more disgruntled than they were at the beginning of the year. Does anyone else agree and/or feel that way? I'd love to hear why

Just wanted to leave a quick post thanking you all for the mindset of "this is the situation, what are you going to do about it". More than ever before the world is flooded with victim mentality. Even family members who I deem to be really smart, and younger folks who should be ambitious, keep using words like "End of an empire" or express disdainful sentiments about "the rich". I hope we keep on emphasizing the "what are you going to do about it" and "lets see how we can make this work" mentality. This community has been the only source of that for me other than my own internal voice, and it's helped keep me going. Much love any many thanks!

Out of curiosity, what were some of the terms and tags that YT was censoring?

I wanted to share a thought I had on the pre-cut studs going to the East Coast of the US. I think this is a damning example of the Cantillion Effect in action. - As a result of the housing market in the East Coast experiencing a big surge in luxury home new constructions, this shows how resources get directed to property owners based on the demands of "the rich". The demand from the property owners will be the ultimate driver of price of a good, in this case pre-cut studs. It shows how the increase of money will result in more consumption from those who are receiving the new money, and in this case it is the asset holders in the east coast consuming housing materials that is driving luxury construction. You could argue it is also driven by Cantillion's concept of the "Inequality of the circulation of money in a State". To me, this is playing out to be the coolest "proof is in the pudding" moments for that concepts we cover on these livestreams all the time, and I welcome everyone else's thoughts here!

@Simon Caron Just wanted to put a post on here that I personally appreciate the repetition that comes up in the livestreams a lot, so wanted to drop a quick thank you. I listen to the livestreams on walks etc after they've posted. I find my self re-listening to them a couple of times so the concepts sink in. It sounded like some folks were raising issues with this so I wanted to object to that a bit. I think it's a great teaching method and hope you keep doing what you're doing!