
Originally Posted by
nat8808
That's fine if you are offering a service on top (refurbing etc) or even if you are buying at a below average price and selling at the high end of average - you're making something out of your ability to find under-priced items or getting lucky with auctions or being rewarded from taking risks on dodgy looking auctions that others stay away from, or bothering to pick up in person on collection only items. In any of those, you are changing the same from one that people don't want, to one that they do want (have confidence in etc).
That's not what I was talking about and I don't think Mr Kipling was either.
What I was talking about - and this applies to any other commodity or resource - is making something artificially scarce in order to then falsely convince people that they MUST spend loads in order to obtain that item. Or to artificially raise the price so that there is price propoganda through repetition (you only ever see the over-priced item and then 'learn' that it's value is the high one through repetition).
That is akin to someone placing a dam upstream of a river and telling the villagers downstream they must pay more for their now scarce water and have it delivered by tanker from the resevoir created behind the dam..
Maybe you feel that is just a 'free market' doing its job?
I just have to respond to this so sorry all -
Nat you are confusing greed with stupidity. I could put my house up for sale for £100K if I wanted to. I'd never sell it at that price but it is my right to ask that price if I want to. If someone comes along and buys it at that price despite being able to get a similar one for half that amount then more fool them. That one sale will not drive up the price of the other similar houses one jot.
Your dam analogy is essentlally either hoarding or creating a monopoly - two processes that most free markets legislate against, as they make markets less free - not more free. The idea that a free market economy means a complete free-for all is a nonsense expounded by people who do not have a grasp of economic theory or have a more sinister agenda.
Okay - as you were...
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TEAC VRDS 701T > Sony TAE1000ESD > Krell KSA50S > Troels Gravesen Faital 3WC-15.