i think money and all thats within its bounds are made up in the first place... it all started when people thought gold looked pretty, then came currency and credit... the universal means of trade if you didn't have any valued goods for trading (which is what we were REALLY interested in). i understand why circuit city and other stores that liquidated sold off all their things for nearly free (duh, liquidation). but i don't get why stores that are still in and don't plan to go under are having huge "half to 75% off!" sales... and when i ask the managers why they just say "oh, cuz the economy!" that doesn't make any sence!! imean, just cause the economy is alledgedly down doesn't mean that people are all of a sudden not like clothes and widescreen tvs. thats rather stupid i believe. even those who are getting paid less, it would show in the fact that we are buying less, but since people are selling their stuff for the price of dirt its equaled out and basically feels like there is no crysis at all. if it costed 400$ for a shirt but we got paid millions to match that budget, it would be EXACTLY the same as the shirt costing 2$ and we get paid very little... so wheres their brain?
are we really in an economic crysis?
- Thread starter Retuks
- Start date
Retuks;3236729; said:
Markup. Stores already do a tremendously large markup on items due to supply/demand. Now that demand has lowered, price falls as well, back into the equilibrium.
Think of it this way dude. I have an item, I payed 2 bucks for it. I know that I can sell it to you for 15 bucks. So, I price it at 15 bucks.
Now, four years later, you are a bit worried about money. You eat at home more then eat out. You ride a bike to work. Blah blah blah. Now, that item isn't worth 15 bucks to you. You would only pay 9 bucks for it. So, I price it at 9 bucks.
Now, four years later, you are a bit worried about money. You eat at home more then eat out. You ride a bike to work. Blah blah blah. Now, that item isn't worth 15 bucks to you. You would only pay 9 bucks for it. So, I price it at 9 bucks.
BUT WAIT! THERE'S MORE!!!!!!