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For me the most notable reason why our little market isn't perfect is that IMO we
are in a constant state of short supply on most elements (because of TLG's
unwillingness to offer bulk), not to mention that most sets are not available
through Lego anymore, and the new ones being offered (with notable exceptions, of
course) are juniorized crap. I keep coming back to the example of the $650 dollar
airport shuttles.....Geez o'pete.
-John
Simon Robinson wrote:
> In lugnet.off-topic.debate, John Neal writes:
>
> > Reasonable? Whether or not one views the amount of profit to be reasonable is
> > completely beside the point. That is because the *market* determines the
> > value
> > and thus the amount of profit one can make. If I find a set at 80% off and
> > turn
>
> Ah - the theory of the perfect free market. It'd be nice if it always
> worked like that - but it doesn't for various reasons, most notably that
> people don't always have perfect knowledge of the market. The going rate
> for something might be $300 but if someone doesn't know that you might
> still get away with selling something for $600.
>
> > as both, but it's different. Sometimes it feels funny (to me anyway) bidding
> > against people you know, etc., but I think in the end it all boils down to
> supply
>
> Yep - I'd go along with that.
>
> Simon
> http://www.SimonRobinson.com
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Message has 2 Replies: | | Re: Who had the 5571 Inventory?
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| I agree with John concerning the current state that most Lego enthusiasts share, is the lack of bulk bricks from TLG, and the necessity of buying certain sets. I don't buy sets for the future value of them, I buy them to either have the set, or to (...) (26 years ago, 24-Mar-99, to lugnet.general, lugnet.off-topic.debate)
| | | Re: Who had the 5571 Inventory?
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| (...) IMO we (...) exceptions, of (...) dollar (...) Err - I don't think that's quite relevant to the question of free markets. Yes it's frustrating that TLG won't offer bulk and won't rerelease old sets etc. But that doesn't stop it from being a (...) (26 years ago, 26-Mar-99, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: Who had the 5571 Inventory?
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| (...) Ah - the theory of the perfect free market. It'd be nice if it always worked like that - but it doesn't for various reasons, most notably that people don't always have perfect knowledge of the market. The going rate for something might be $300 (...) (26 years ago, 24-Mar-99, to lugnet.general, lugnet.off-topic.debate)
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