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Deryn

Deryn

I don't think your posts are 'off topic' at all. I just think that if all we are talking about in this thread can (and probably should) go beyond that to why some do or don't think a particular product is outrageously priced ... no? I acknowledge that the people who have posted pictures of or mentioned products they have found in their area think those products are overpriced (they made that clear) but if it ends there, there is no conversation.

 

I would bet that in every era (prior and future) there have been, and will be, items that have been priced higher than what the average person could either afford or would find palatable. But some will always buy no matter what the price is apparently. And yes that leads ultimately to 'normalization' if enough people buy at the inflated prices - and then the price for everything goes up over time. Price is determined by what the market will bear. Such is (unfortunately) 'life' and 'human nature'. We could implement total government price controls (has been done even in western societies before, for certain items) and keep all prices everywhere exactly the same - and stifle innovation as well in the process. Otherwise, I am not sure what the answer is (other than people refusing to buy at what they think is a price that is too high - which is the prerogative of every individual).  

Deryn

Deryn

I don't think your posts are 'off topic' at all. I just think that if all we are talking about in this thread can (and probably should) go beyond that to why some do or don't think a particular product is outrageously priced ... no? I acknowledge that the people who have posted pictures of or mentioned products they have found in their area think those products are overpriced (they made that clear) but if it ends there, there is no conversation.

 

I would bet that in every era (prior and future) there have been, and will be, items that have been priced higher than what the average person could either afford or would find palatable. But some will always buy no matter what the price is apparently. And yes that leads ultimately to 'normalization' if enough people buy at the inflated prices - and then the price for everything goes up over time. Price is ultimately determined by what the market will bear. Such is (unfortunately) 'life' and 'human nature'. We could implement total government price controls (has been done even in western societies before, for certain items) and keep all prices everywhere exactly the same - and stifle innovation as well in the process. Otherwise, I am not sure what the answer is (other than people refusing to buy at what they think is a price that is too high - which is the prerogative of every individual).  

Deryn

Deryn

I don't think your posts are 'off topic' at all. I just think that if all we are talking about in this thread can (and probably should) go beyond that to why some do or don't think a particular product is outrageously priced ... no? I acknowledge that the people who have posted pictures of or mentioned products they have found in their area think those products are overpriced (they made that clear) but if it ends there, there is no conversation.

 

I would bet that in every era (prior and future) there have been, and will be, items that have been priced higher than what the average person could either afford or would find palatable. But some will always buy no matter what the price is apparently. And yes that leads ultimately to 'normalization' if enough people buy at the inflated prices - and then the price for everything goes up over time. Price is determined by what the market will bear ultimately. Such is (unfortunately) 'life' and 'human nature'. We could implement total government price controls (has been done even in western societies before, for certain items) and keep all prices everywhere exactly the same - and stifle innovation as well in the process. Otherwise, I am not sure what the answer is (other than people refusing to buy at what they think is a price that is too high - which is the prerogative of every individual).  

Deryn

Deryn

I don't think your posts are 'off topic' at all. I just think that if all we are talking about in this thread can (and probably should) go beyond that to why some do or don't think a particular product is outrageously priced ... no? I acknowledge that the people who have posted pictures of or mentioned products they have found in their area think those products are overpriced (they made that clear) but if it ends there, there is no conversation.

 

I would bet that in every era (prior and future) there have been, and will be, items that have been priced higher than what the average person could either afford or would find palatable. But some will always buy no matter what the price is apparently. And yes that leads ultimately to 'normalization' if enough people buy at the inflated prices - and then the price for everything goes up over time. Price is determined by what the market will bear ultimately. Such is (unfortunately) 'life' and 'human nature'. We could implement total government price controls (has been done even in western societies before, for certain items) and keep all prices everywhere exactly the same - and stifle innovation as well in the process. Otherwise, I am not sure what the answer is (other than people refusing to buy at what they think is a price that is too high).  

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