| Subject: | Re: [socialcredit] Re: Replying to Radu | | Date: | Wednesday, February 9, 2005 08:44:02 (+0000) | | From: | Timothy Carpenter <timbeau_hk @........uk>
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| In reply to: | Message 533 (written by Joe Thomson) |
Re: [socialcredit] Re: Replying to Radu
Joe,
Quality and value does not imply high price. Are you saying in times of trouble people waste their money on overpriced, poor quality items? In my experience people shop around and take more advice when money is tight and purchases have to last – they cannot ‘afford’ to make mistakes.
A typical example is the housing market – the best areas rise first and the worst areas fall first and within those areas the best properties act as the best areas, retaining their value due to demand. Of course there are exceptions, but in general it is the Fords of this world that discount and offer rebates, not the Mercedes.
Tim
On 8/2/05 8:05 pm, "Joe Thomson" <thomsonhiyu@shaw.ca> wrote:
(Tim wrote:-) What is not given enough weight is that when consumption falls behind supply, it is the poorer quality, least valued production that languishes on the shelves. In such a situation, the entrepreneur is given VERY SOUND feedback on their product. Lack of demand is not uniform and people always have money for quality or value.
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I'd be very interested to know how you've arrived at THAT conclusion, Tim. My experience in business seems to indicate something quite the opposite.
Joe
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