/sci/ - Science & Math

Daily reminder that IQ is the single most important factor in determining success.

How can we effectively inform the general population about the importance of IQ, and in particular of the dangers of the increasing numbers of low-IQ people we see in our societies (due to immigration from low-IQ populations, and high birth rates among domestic low-IQ populations)?

>>4433259
>why would they raise prices if everyone already has money that can last them in their lifetime? supply and demand doesn't make sense when you have unlimited source of cash.
what? if everyone had unlimited cash things would cost unlimited amounts of money.

my point was that in a situation where producers are prevented from raising their prices to meet the new market conditions, secondary markets will spring up in response to short term shortages that will be subject to that inflation. if those are clamped down on, black markets will spring up.

what is revealed by this hypothetical is that fiat currencies have zero inherent value, all of the value it does have stems from the nominal amount of money circulating that is following a fixed amount of goods. raising that nominal amount circulating does nothing to change the amount of goods available to purchase in the short term, and if done in the manner of the OP likely not much in the long term either.

>>4433289
>implying most people are capable of learning how to do that.

>>3815801
are you that unfamiliar with what an outlier is? past 2.5 standard deviations above mean IQ it starts to lose its predictive value anyways.

>>3815811
great refutation of all of those peer reviewed sources provided earlier. clearly your evidence is superior.