People complain about inflation. They complain about gas prices. They complain about food prices. But they have NO PROBLEM paying THOUSANDS OF DOLLARS for a ticket to see Taylor Swift in concert. It was reported in one news story that single tickets have been as high as $17,000. One woman interviewed said she'd pay double that! I'd say the priorities in this country are out of whack! Â
George Schire
Oakdale, Minnesota
People complain about inflation. They complain about gas prices. They complain about food prices. But they have NO PROBLEM paying THOUSANDS OF DOLLARS for a ticket to see Taylor Swift in concert. It was reported in one news story that single tickets have been as high as $17,000. One woman interviewed said she'd pay double that! I'd say the priorities in this country are out of whack! Â
George, I also heard about some guys paying thousands of $$ on model cars (considered toys by most of the rational people). If you ask my wife, my spending priorities are certainly out of whack, but my daughter says, "whatever floats your boat, dad".
I'm not debating your point, as I agree with it.Â
I will however say that, and some will find this hard to believe, I DON'T complain about the gas prices, food prices, or most anything else. I'm a guy who sets my priorities.Â
One of those priorities is gas and food. I NEED both, and as such, I don't complain.Â
My comment was directed at the people to constantly complain about not only gas and food prices, but most everything else. But then, can see no problem with something like a concert ticket for thousands of dollars. To my thinking their priorities are out of whack. My opinion of course.Â
On another thread sometime earlier in the year, I pointed out the people that complain about the gas prices, something that that they need, but then DON'T have a problem buying a carton of cigarettes for over a $100. The latter by the way is something they DON'T need and is also not healthy.Â
The point being that all of us, with but some exceptions, have decisions to make as to how we spend our money. Our little models, "toys" as you say some would refer to them, are a "want" not a "need". And if I drop $150 on a little model car, something I don't "need", and then complain about the price of gas or food, things I DO NEED, I should shut up. Â
George Schire
Oakdale, Minnesota
-Premium T. Swift tickets are $27,000.00 and they will sell...just as Super Bowl, World Series and some political events do. Corporations are usually the likely buyers.
-Inflation was created do to overwhelming demand. Everyone complains, but everyone keeps buying...it's the classic economical "catch 22."Â Demand drives prices and values up.Â
I agree George, totally agree with your cigarettes' observation.
We buy lots of stuff in Costco including groceries, so every time I shop, I would often comment (complain) to my wife "Our usual bill use to be around 200 and now is no less than 400"... I never complain about gas prices ... I'm from Europe ... and my commute is short anyway.
-Premium T. Swift tickets are $27,000.00 and they will sell...just as Super Bowl, World Series and some political events do. Corporations are usually the likely buyers.
-Inflation was created do to overwhelming demand. Everyone complains, but everyone keeps buying...it's the classic economical "catch 22."Â Demand drives prices and values up.Â
Sadly, you nailed it. People have the power to control inflation. Yet rather than doing so, they complain about it and continue to feed it with their always paying the prices of things they DON'T need, because they WANT them. Yes indeed, it's "Catch 22". Â
Â
George Schire
Oakdale, Minnesota
@georgeschire ...yep, it's just that simple. "Economics 101." 🙃
Â
-Although, "things" seem to have "leveled" or have started to decrease. I've noticed incrementally lower prices for homes, cars, gas & groceries.
Speaking of having too much money, I just read in a resent issue of "Automobilia Resourse" magazine, where a guy paid $1.5 MILLION for a porcelain sign to hang in his garage. I know it's his money, but seriously with all the NEED in this world, he could have done something more worthy with his money. Â
George Schire
Oakdale, Minnesota
The way I see it, money cycles through the economy. I buy a "toy" car, the seller takes that money and goes out to eat, the restaurant owner takes that money and buys meats and vegetables, the farmer takes that money and goes to the dentist, the dentist pays his CPA's fee (that's me)...and now I have money to buy another "toy" car and start the cycle all over again!
Barry Levittan
Long Island, NY
The way I see it, money cycles through the economy. I buy a "toy" car, the seller takes that money and goes out to eat, the restaurant owner takes that money and buys meats and vegetables, the farmer takes that money and goes to the dentist, the dentist pays his CPA's fee (that's me)...and now I have money to buy another "toy" car and start the cycle all over again!
...and we all live happily ever after. Life is like a well-written novel. We're the players in the events that make the world go around.Â
Â
George Schire
Oakdale, Minnesota