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(former)FormerSanDiegan
ParticipantForgot to mention. The hardware product I am talking about is a Personal Computer.
… This had nothing to do with the bailout, or bailout mentality. If blaming reduced demand of a product or price deflation on the bailout mentality makes people feel better, then so be it. But that is simply not what is going on in the original example.
(former)FormerSanDiegan
ParticipantI used to sell my hardware product for $3000 a piece. This hardware is built to order. It has contributed significantly to increasing the efficiency of my customers’ operations. Also, I have managed to improve my products’ capabilities by a factor of 2 or more every couple of years.
Now my product sells for $600.I’m blaming the bailout.
(former)FormerSanDiegan
ParticipantI used to sell my hardware product for $3000 a piece. This hardware is built to order. It has contributed significantly to increasing the efficiency of my customers’ operations. Also, I have managed to improve my products’ capabilities by a factor of 2 or more every couple of years.
Now my product sells for $600.I’m blaming the bailout.
(former)FormerSanDiegan
ParticipantI used to sell my hardware product for $3000 a piece. This hardware is built to order. It has contributed significantly to increasing the efficiency of my customers’ operations. Also, I have managed to improve my products’ capabilities by a factor of 2 or more every couple of years.
Now my product sells for $600.I’m blaming the bailout.
(former)FormerSanDiegan
ParticipantI used to sell my hardware product for $3000 a piece. This hardware is built to order. It has contributed significantly to increasing the efficiency of my customers’ operations. Also, I have managed to improve my products’ capabilities by a factor of 2 or more every couple of years.
Now my product sells for $600.I’m blaming the bailout.
(former)FormerSanDiegan
ParticipantI used to sell my hardware product for $3000 a piece. This hardware is built to order. It has contributed significantly to increasing the efficiency of my customers’ operations. Also, I have managed to improve my products’ capabilities by a factor of 2 or more every couple of years.
Now my product sells for $600.I’m blaming the bailout.
(former)FormerSanDiegan
Participant[quote=scaredycat]gold is rare.
there’s just so much of it. it’s very dififcult and expensive to get more.
paper money is not intrinsically rare. cheap to print.
Gold’s in the bible.
Gold at all times in a history is a suitable bribe, potentially to save one’s own life.
[/quote]
Land is rare. (less than 29% of the earth’s surface)
There’s just so much of it. It’s very difficult and expensive to make more of it.
Land is in the Bible.
Land at all times in history is a suitable bribe, potentially to save one’s life.
Wars have been fought over land.
(former)FormerSanDiegan
Participant[quote=scaredycat]gold is rare.
there’s just so much of it. it’s very dififcult and expensive to get more.
paper money is not intrinsically rare. cheap to print.
Gold’s in the bible.
Gold at all times in a history is a suitable bribe, potentially to save one’s own life.
[/quote]
Land is rare. (less than 29% of the earth’s surface)
There’s just so much of it. It’s very difficult and expensive to make more of it.
Land is in the Bible.
Land at all times in history is a suitable bribe, potentially to save one’s life.
Wars have been fought over land.
(former)FormerSanDiegan
Participant[quote=scaredycat]gold is rare.
there’s just so much of it. it’s very dififcult and expensive to get more.
paper money is not intrinsically rare. cheap to print.
Gold’s in the bible.
Gold at all times in a history is a suitable bribe, potentially to save one’s own life.
[/quote]
Land is rare. (less than 29% of the earth’s surface)
There’s just so much of it. It’s very difficult and expensive to make more of it.
Land is in the Bible.
Land at all times in history is a suitable bribe, potentially to save one’s life.
Wars have been fought over land.
(former)FormerSanDiegan
Participant[quote=scaredycat]gold is rare.
there’s just so much of it. it’s very dififcult and expensive to get more.
paper money is not intrinsically rare. cheap to print.
Gold’s in the bible.
Gold at all times in a history is a suitable bribe, potentially to save one’s own life.
[/quote]
Land is rare. (less than 29% of the earth’s surface)
There’s just so much of it. It’s very difficult and expensive to make more of it.
Land is in the Bible.
Land at all times in history is a suitable bribe, potentially to save one’s life.
Wars have been fought over land.
(former)FormerSanDiegan
Participant[quote=scaredycat]gold is rare.
there’s just so much of it. it’s very dififcult and expensive to get more.
paper money is not intrinsically rare. cheap to print.
Gold’s in the bible.
Gold at all times in a history is a suitable bribe, potentially to save one’s own life.
[/quote]
Land is rare. (less than 29% of the earth’s surface)
There’s just so much of it. It’s very difficult and expensive to make more of it.
Land is in the Bible.
Land at all times in history is a suitable bribe, potentially to save one’s life.
Wars have been fought over land.
(former)FormerSanDiegan
Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit.(former)FormerSanDiegan
Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit.(former)FormerSanDiegan
Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit. -
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