General > General Technical Chat
Overpriced Stuff........
coppice:
--- Quote from: tggzzz on October 22, 2023, 09:21:48 am ---
--- Quote from: SiliconWizard on October 21, 2023, 07:29:04 pm ---Currently overpriced stuff is almost everything and they say it's just the beginning. :-//
--- End quote ---
If people are buying stuff, then by definition that stuff cannot be overpriced.
Expensive or too expensive, yes. But not overpriced.
--- End quote ---
That's a weird definition you have. Some things, like basic foods, have to be bought to survive. If those are being priced, by cartel or other means, well above a reasonable profit margin most people would say they are overpriced.
tggzzz:
--- Quote from: coppice on October 22, 2023, 12:26:20 pm ---
--- Quote from: tggzzz on October 22, 2023, 09:21:48 am ---
--- Quote from: SiliconWizard on October 21, 2023, 07:29:04 pm ---Currently overpriced stuff is almost everything and they say it's just the beginning. :-//
--- End quote ---
If people are buying stuff, then by definition that stuff cannot be overpriced.
Expensive or too expensive, yes. But not overpriced.
--- End quote ---
That's a weird definition you have. Some things, like basic foods, have to be bought to survive. If those are being priced, by cartel or other means, well above a reasonable profit margin most people would say they are overpriced.
--- End quote ---
We are considering discretionary purchases, not life-critical purchases.
Define "reasonable". "I don't want to afford it" isn't a useful definition!
The cause of something being incredibly very expensive needs to be understood. If criminal activity is involved, that activity needs to be dealt with. "Cornering the market" and "demand outstripping supply" and "alternative/diverse investment" are rarely criminal. Start by considering, for example, the price of gold and diamonds :)
coppice:
--- Quote from: tggzzz on October 22, 2023, 01:07:20 pm ---
--- Quote from: coppice on October 22, 2023, 12:26:20 pm ---
--- Quote from: tggzzz on October 22, 2023, 09:21:48 am ---
--- Quote from: SiliconWizard on October 21, 2023, 07:29:04 pm ---Currently overpriced stuff is almost everything and they say it's just the beginning. :-//
--- End quote ---
If people are buying stuff, then by definition that stuff cannot be overpriced.
Expensive or too expensive, yes. But not overpriced.
--- End quote ---
That's a weird definition you have. Some things, like basic foods, have to be bought to survive. If those are being priced, by cartel or other means, well above a reasonable profit margin most people would say they are overpriced.
--- End quote ---
We are considering discretionary purchases, not life-critical purchases.
Define "reasonable". "I don't want to afford it" isn't a useful definition!
The cause of something being incredibly very expensive needs to be understood. If criminal activity is involved, that activity needs to be dealt with. "Cornering the market" and "demand outstripping supply" and "alternative/diverse investment" are rarely criminal. Start by considering, for example, the price of gold and diamonds :)
--- End quote ---
If you set aside essentials and near essentials, all prices are the same - what the market will bear.
tggzzz:
--- Quote from: coppice on October 22, 2023, 01:18:20 pm ---
--- Quote from: tggzzz on October 22, 2023, 01:07:20 pm ---
--- Quote from: coppice on October 22, 2023, 12:26:20 pm ---
--- Quote from: tggzzz on October 22, 2023, 09:21:48 am ---
--- Quote from: SiliconWizard on October 21, 2023, 07:29:04 pm ---Currently overpriced stuff is almost everything and they say it's just the beginning. :-//
--- End quote ---
If people are buying stuff, then by definition that stuff cannot be overpriced.
Expensive or too expensive, yes. But not overpriced.
--- End quote ---
That's a weird definition you have. Some things, like basic foods, have to be bought to survive. If those are being priced, by cartel or other means, well above a reasonable profit margin most people would say they are overpriced.
--- End quote ---
We are considering discretionary purchases, not life-critical purchases.
Define "reasonable". "I don't want to afford it" isn't a useful definition!
The cause of something being incredibly very expensive needs to be understood. If criminal activity is involved, that activity needs to be dealt with. "Cornering the market" and "demand outstripping supply" and "alternative/diverse investment" are rarely criminal. Start by considering, for example, the price of gold and diamonds :)
--- End quote ---
If you set aside essentials and near essentials, all prices are the same - what the market will bear.
--- End quote ---
Pretty much so.
Consequently something cannot be overpriced, except by comparison to the price for an equivalent item. In such cases, just buy the equivalent item.
It is, of course, normal for many things to be "more expensive than I can afford". That's life.
p.larner:
dont know if it counts but about 18 months ago i was buying batterys to build a 16s 16ahlifepo4 pack,i got most of the cells new but was about 25 short,recently i tried to get the rest to build the pack,they had increased in price by 500% same battery same seller,Whats that about?.
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