Post
Topic
Board Economics
Re: Everything is over priced but people keep spending
by
YOSHIE
on 20/03/2024, 15:20:55 UTC
Everything is over priced but people keep spending
If needs are defined broadly, of course this will trigger various factors that make people still want to buy, even though the goods are expensive, of course if it is speculated on the economic situation of the community, of course it will be burdensome and become a real burden, We understand that expensive products are not a solution for the poor, but what can I say, the state of the product and the economy says so.

For example, food, as the OP said, actually many economically weak people complain about this, but with the expensive ingredients for food, of course the price of food must be adjusted to the price, so whether they like it or not, people still have to buy food, to cover their rumbling stomachs, even though it is expensive, in contrast to other products, for example cars, property, perhaps those who have a better economy can take advantage of all of it, Food is different because it is a primary need that must be fulfilled even though it is expensive, different from secondary food that can be obtained or not.