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People with money purchase quality goods, people without money do not. People don't 'prefer cheap low quality' they can't afford anything else. > The reason t
by imchillyb 3y ago
People with money purchase quality goods, people without money do not.
People don't 'prefer cheap low quality' they can't afford anything else.
> The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. ... A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.
> https://en.wikipedia.org/wiki/Boots_theory https://en.wikipedia.org/wiki/Boots_theory