What they are actually selling for is often a very different number. Simple supply and demand, erase all the mumbo jumbo about "justified", superior", "disparity".....it is all nonsense
There are 60's era Ferrari's that are listing up around $10M and more, meanwhile other 60's era Ferraris are not, what is the difference? SUPPLY is next to nothing as demand grows. Prices climb quickly. This is such rudimentary basic economics that it really is disturbing that it has to be explained to so many adult americans.
"We pretended to work, and they pretended to pay us." --Mikhail Khodorkovsky "Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." --Winston Churchill "When the people find that they can vote themselves money, that will herald the end of the republic." --Benjamin Franklin "Government is not reason. It is not eloquent. It is force. Like fire, it is a dangerous servant and a fearful master." "The last official act of any government is to loot the treasury." --George Washington END THE FED ....learn why, in 42 minutes |