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Strippers need to eat too though. Maybe I missing your argument. Isn't the point of lowering one's lap dance prices to get more customers to buy them?

tsimionescu 4y ago
That's the hope, but it doesn't mean it will happen. There is no law that says you'll find a price point that keeps your business afloat: changing economic conditions can just tank your business; the less critical the good or service is, the more likely it is to happen.
- JamesianP 4y ago
  Ok. Now the stripper can't afford to buy food and there's less demand for essentials after all. I'm still not getting how this helps?
  - tsimionescu 4y ago
    Just because the stripper can no longer afford food doesn't mean that food sellers will be able to lower their price. Supply issues can't be solved by price changes. Taken to the extreme, people will die of starvation until the population adjusts, so still in the long run demand and supply will meet at the price point.
    - JamesianP 4y ago
      But the people who were pocketing those higher profits and salaries back when gas prices went down, now do have room to cut prices though and still make money. It can't go both ways. Anyway starving people still have labor to sell, which they will sell as cheaply as they have to, driving everyone's costs down and allowing them to cut prices after all.
      - tsimionescu 4y ago
        The price of labor isn't the problem, and anyway it has a floor. No one will work for 1 dollar a day, even if it's theoretically still better than 0 (not if bread costs 2 dollars at least - of course there are countries with such low wages).
magicalhippo 4y ago
> Isn't the point of lowering one's lap dance prices to get more customers to buy them? Of course, that's why they lower prices. But you spent all your money on food, so you don't have any left for a lap dance. edit: My point is that not all goods are equal. In normal times, if the price of a lap dance is too high I'll find some other entertainment with a price I find reasonable. But when food gets expensive, I still need some.

tsimionescu 4y ago

That's the hope, but it doesn't mean it will happen. There is no law that says you'll find a price point that keeps your business afloat: changing economic conditions can just tank your business; the less critical the good or service is, the more likely it is to happen.

JamesianP 4y ago
Ok. Now the stripper can't afford to buy food and there's less demand for essentials after all. I'm still not getting how this helps?
- tsimionescu 4y ago
  Just because the stripper can no longer afford food doesn't mean that food sellers will be able to lower their price. Supply issues can't be solved by price changes. Taken to the extreme, people will die of starvation until the population adjusts, so still in the long run demand and supply will meet at the price point.
  - JamesianP 4y ago
    But the people who were pocketing those higher profits and salaries back when gas prices went down, now do have room to cut prices though and still make money. It can't go both ways. Anyway starving people still have labor to sell, which they will sell as cheaply as they have to, driving everyone's costs down and allowing them to cut prices after all.
    - tsimionescu 4y ago
      The price of labor isn't the problem, and anyway it has a floor. No one will work for 1 dollar a day, even if it's theoretically still better than 0 (not if bread costs 2 dollars at least - of course there are countries with such low wages).

magicalhippo 4y ago

> Isn't the point of lowering one's lap dance prices to get more customers to buy them? Of course, that's why they lower prices. But you spent all your money on food, so you don't have any left for a lap dance. edit: My point is that not all goods are equal. In normal times, if the price of a lap dance is too high I'll find some other entertainment with a price I find reasonable. But when food gets expensive, I still need some.