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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
14 July 2018, 09:19 AM
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#1 |
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Banned
Join Date: Jul 2016
Location: canada
Posts: 181
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Gouging , fair market , capitalism?
Whats the proper term to use for this latest trend in pricing?
I just saw a 2018 dssd DB for 17,000 
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14 July 2018, 09:23 AM
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#2 |
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Banned
Join Date: Jun 2015
Location: In Motion
Watch: my wrist presence
Posts: 7,436
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capitalism ?
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14 July 2018, 09:25 AM
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#3 |
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"TRF" Member
Join Date: Mar 2018
Location: Dubai
Posts: 43
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bubble
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14 July 2018, 09:25 AM
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#4 |
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2024 SubLV41 Pledge Member
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 126333
Posts: 10,666
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1% ers
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14 July 2018, 09:30 AM
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#5 | |
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"TRF" Member
Join Date: Oct 2015
Location: Acworth, GA
Posts: 12
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Quote:
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14 July 2018, 09:40 AM
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#6 |
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"TRF" Member
Join Date: Aug 2016
Real Name: Chuck
Location: Canada
Watch: Rolex 116610LV
Posts: 2,270
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"Irrational Exuberance" to quote Alan Greenspan. That pretty much sums it up for watches and the world in general imho. Cheers!
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14 July 2018, 09:52 AM
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#7 | |
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"TRF" Member
Join Date: Jan 2008
Real Name: Jack
Location: Dothan
Watch: Cartier
Posts: 1,236
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Quote:
Inflation. 
__________________
"The difference between stupidity and genius is that genius has its limits." |
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14 July 2018, 09:53 AM
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#8 |
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"TRF" Member
Join Date: Oct 2010
Location: Leicestershire
Posts: 314
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I suppose it depends if you are buying or selling :)
Sent from my iPad using Tapatalk |
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14 July 2018, 09:54 AM
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#9 |
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Banned
Join Date: May 2016
Location: Utopia
Posts: 2,101
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Consumerism: today’s main social pathology.
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14 July 2018, 10:04 AM
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#10 |
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"TRF" Member
Join Date: Apr 2010
Location: Monaro, NSW
Posts: 846
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If it’s a bubble, what would the figurative prick be that causes it to burst? Worldwide economy seems to be doing OK, so I can’t see a cause of any relaxation in the increasing demand.
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14 July 2018, 10:41 AM
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#11 |
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"TRF" Member
Join Date: Nov 2017
Location: Arizona
Posts: 114
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Under the textbook Law of Supply and Demand, this would be classified as a "Market Shortage" that has resulted in "Price Gouging."
In line with that answer, the textbook solution to create "Market Equilibrium" is either for the manufacturer to increase supply to meet demand or to increase prices to choke demand e.g., consider how many retailers would have DaytonaC inventory if Rolex increased MSRP to $20K, the price at which all grey dealers have a few available. |
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