3 ms·
It's because stuff isn't valuable anymore What are you basing this on? I can't think of anything to really determine the value of "stuff" except for price, and
by mynameishere 19y ago
It's because stuff isn't valuable anymore
What are you basing this on? I can't think of anything to really determine the value of "stuff" except for price, and from what I've seen, stuff still has prices attached.
Maybe a good stereo in 1970 was 200 dollars, and today it's (inflation-adjusted) 150 dollars. But even a decline like that doesn't mean it isn't valuable.
- ivankirigin 19y agoLook at the number of median wage hours of labor it takes to buy things. It has plummeted. I've known poor grad students that could afford huge TVs. The punishment for crime has increased, which few people talk about. Most complain about the drug war rightfully, but lots more people are being sent to jail and being kept there for other offenses. cheaper stuff + stiffer punishments = less crime
- davidw 19y agoConsider also that you have to sell stuff to someone, that selling stolen stuff isn't as easy as selling stuff normally, and that people you are selling to are more likely to already have something quite similar to what you're trying to sell them.