What about people paying $15k for roccoco coffins with $20 car woofers in them ?
If you're gonna make a funny, make sure it's your own. Plagiarism will not be tolerated.
Its just such a good line to let die !!
It is a good line and they do look like coffins. They sound out of this world though.
Quote:If it's that simple, then stop paying $30 for $5 records, and maybe teh price will come down. Even $80,000 speakers, everyone stop buying them, until the price comes down, then we can all have so coool stuff for less. Gee, economics is quite simple, ain't it? You just got a Degree from DUP U. Not affiliated with F U. Or U 2
Ahh, economic musings from DUP. This made me chuckle - you have the comprehension of a fifth grader on this point.
My point stands and it is beyond argument (so I expect you to offer none) - if someone was willing to pay $40 for any one of YOUR records, it would be worth a minimum of $40. It is a truism.
As for your point about $80,000 speakers - I don't care to explain - but educate yourself on what is called "supply and demand" and "production costs" and "collective action." I didn't lose you, did I?
EDIT: On second thought, start by looking up "market" "economics," and, if necessary "price" "value" and any other words you find confusing.
Quote:... Like when teh car windows are all grey from plastic outgassing, when you haven't cleaned them in some while. Or when the outside of teh windshield is all sand blasted with tiny annoying sparkles at night when headlights and streetlights cause glare on teh imperfect windshield. Ya know when ya drive a new car or a new windshield how clear everything is (DIGITAL) then as teh windshield gets old, from highway driving, dirt grit ruin the windshield, then it's unclear(VINYL) that's why they are working on improved windshields, that slow down raod damge...
What? Disconfusing to say the least, makes me twinch. That kind of pseudopose is nothing but tentaculating, wivvlerant blarg.
Have fun looking those up...
Quote:... they do look like coffins. They sound out of this world though.
That's the coffin part. They have crossed over.
If Legacy could get the sound they do, using only $20 woofers, that would mean they are even more amazing designers than I ever thought!!! They could produce a speaker system on the super cheap, and it would sound incredible, but alas, even Legacy hasn't been able to do that.
Premium finish is more than $15K new.
Quote:If Legacy could get the sound they do, using only $20 woofers, that would mean they are even more amazing designers than I ever thought!!! They could produce a speaker system on the super cheap, and it would sound incredible, but alas, even Legacy hasn't been able to do that.
I can't tell if this is directed at me. If someone willing to pay $X, it is worth at least $X. If no one is, then it is isn't worth that much. If something isn't worth as much as it costs to produce, then someone is stupid for building it. Value should be > cost. So... how does this affect my statement that if someone is willing to pay $X for your records they are worth, at minimum, $X? We're done.
$20 woofer was a reply to welsh as seen on the header. What something sells for is not what it is worth, nor is it related to cost of mfg. If it was all that simple it would be that simple. All depends on how they figures costs of mfg, over what time frame, amortization, etc etc. If i knew all that I'd be rich, so would you, too bad neither of us do, or are, and if you are, why do you not know this?
The only thing determining the value of your records is what the market will pay for them (i.e. what someone is willing to pay), along with transaction costs (e.g., shipping).
The value of a speaker is still set at the price someone is willing to pay. That is basically the definition of "value" or "worth." If something COSTS (different term) $100 to make, but is only WORTH (or VALUED AT) $50, then, obviously no one should bother making it, unless they enjoy losing money. As soon as someone is willing to pay the higher price, it should be made and sell.
Amortization, future expected value, etc., is all worked in to market value.
Still stands - your records value == price someone is willing to pay.
At which point would you say that someone has overpaid for something? What constitutes a good deal and a bad deal? If a value of a commodity is determined by the price that ANYONE is will to pay, then there is no such thing as a good deal or good value for the money vs bad.
Come on, this is like econ and markets 101. Technically at least, someone overpaid for something when (1) they paid more than they were actually willing to pay, or were ignorant as to the nature of the item (e.g., they were deceived as to what the item was or they were coerced), or (2) they could've purcahsed it somewhere else cheaper (transaction costs included, which include finding the cheaper item).
Technically, anyway. You can complain that we "overpay" for records but, if you're paying market value, you're not technically overpaying. What you're really saying is that the market price is too high. If it really is too high, you won't buy it. I think that records should be cheaper than they are (I think $10 for regular records, and maybe $15-$18 for the very nice pressings - but I haven't done market research), and I buy fewer records than I otherwise would as a result.
Don't worry, I'm not going to start correcting people when we say records (or any items) are "overpriced" or "too expensive," because when we say that (and I've said something like that before), we don't mean it technically in market terms.
All this came out of DUP's statement to the effect of "I have a record worth $60, if someone was willing to buy it for that much." That is a truism - he wasn't wrong - it is just that you can say that about ANY record or ANY item. If no one is willing to buy a record for $30, then what is your basis for saying it is worth $30? That was my only point.
If we go much further into this we're getting into imperfect free markets and lack of information and such, which gets complicated and isn't relevant to my point.
I'm glad we're marching towards socialism. Let's pick up the pace.
Well, since I'm a free market capitalist (probably more so than most people), I would take that as an insult. But, obviously, you just don't understand what I'm saying, so I'm not offended. I haven't said anything in support of socialism. (Unless your comment was a joke, and this was just one of those times the sarcasm didn't translate).