DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**Loopyjr** · 12-04-2007, 03:32 PM

I mean when something is in higher demand, they can sell it for cheaper. That is why Sweden is generally more expensive than the UK and why the US is cheaper than the UK

Unfortunately, dear Adam Smith would disagree and say that if there's more demand, he'll charge you a HIGHER price for the good since you'll be willing to pay more to get it.

Although they can sell it for cheaper, when given that option and the option of taking more money from you for nothing, they'll likely opt for the latter. It's a pisser of a world. Don't you just love the 'enlightenment'? (Yes, I'm aware that the alternatives can hardly be considered better)

12-04-2007, 03:32 PM	#17
Loopyjr Join Date Oct 2005 Posts 481 Senior Member	I mean when something is in higher demand, they can sell it for cheaper. That is why Sweden is generally more expensive than the UK and why the US is cheaper than the UK Unfortunately, dear Adam Smith would disagree and say that if there's more demand, he'll charge you a HIGHER price for the good since you'll be willing to pay more to get it. Although they can sell it for cheaper, when given that option and the option of taking more money from you for nothing, they'll likely opt for the latter. It's a pisser of a world. Don't you just love the 'enlightenment'? (Yes, I'm aware that the alternatives can hardly be considered better)
	Quote