June 27th, 2008
Are you paying too much for, well,
everything? Has the concept of "value" really been lost?
This is essentially true in today's
market. Items that were once deemed to have a reasonable price are now
being overblown and overstated on various levels, causing much damage
to the way people live their lives and support their families.
The housing market where the smallest
unit could easily fetch more than $200Gs. The larger ones? Only those
who are well-endowed can handle that.
Our gas is a very good example of taking
things to the extreme; at roughly $150/barrel, it makes one want to
pretty much stay inside and not be mobile for the next few years. We
still see, however, those over-decadent folks driving down the roads
in their big SUVs as though there was no such thing as too-high gas
prices.
Meanwhile, the family of four who barely
has enough to fill their little Chevette struggles with each passing
day, acknowledging and cringing at the high listed gas prices as they
drive to work everyday.
The whole concept of economic balance
is rather a tricky one. A market with too high prices begins to stir
the need for self-sufficiency. People become more reliant on doing things
their own as opposed to buying it off of the market where the same goods
are deemed overvalued. Why spend $10 on a couple of tomatoes when you
can spend the same amount (or less) on a blooming plant and have a constant
supply?
A market with low prices suggests saturation,
being filled with useless junk not worthy of a dime. All that hard work
is virtually worthless; in order to make a decent dime one has to peddle
at least double the amount in order to make it worthwhile.
Where does one find a balance? It's
rather difficult at first glance. But one should assume that one would
have to experience both ends of the balance before coming to that conclusion.
***Anecdote-a-Day will be 'closed'
for July 1st due to Canada Day. We'll recommence on July 2nd***
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