monty73741
Well-Known Member
i know am i not the only one that feels that my house payment is the only payment that i dont feel like being ripped off LOL
i know am i not the only one that feels that my house payment is the only payment that i dont feel like being ripped off LOL
If you feel like you're being ripped off, then just get rid of whatever service you're paying for for a few weeks. If, at the end of those few weeks, you find yourself saying, for example, "man, what I wouldn't give to have running water again", then, I think you'll have proven to yourself that you weren't being ripped off.
When it comes to continuous voluntary transactions like, for instance, cell phone bills, the concept of getting "ripped off" is a non-starter. The simple fact that you continue to voluntarily pay the bill is in itself proof that you value the service enough to pay what they're asking.
When it comes to continuous voluntary transactions like, for instance, cell phone bills, the concept of getting "ripped off" is a non-starter. The simple fact that you continue to voluntarily pay the bill is in itself proof that you value the service enough to pay what they're asking.
But what if he really wants the service that they are providing, but still thinks the price is way too high?
In economic terms, it doesn't matter. If someone else is providing a product or a service that you want, then by the very fact that you are or aren't willing to pay for it, you have told them what you think. If I walked into a grocery store and said, "hey, you know what, Mr. Grocer, this bread is too damn expensive!", would it change anything? Probably not. As long as enough people are WILLING to pay for it at that price, it really doesn't matter what people THINK of the cost. Your opinion of the value of something really has no bearing on the market until you allow that opinion to influence your purchasing decisions. Personally, I think the Blichmann Boilermaker is not worth the ungodly prices they want for it. So, I just don't buy it. My opinion and my buying decisions are one in the same.
Now, of course, this is all distorted when it's something like, say, municipal water supply. Generally, that service is monopolized by the local government. It is a monopoly in the truest sense of the word! So it's not just a matter of making the choice to buy or not to buy. You need water, and they're the only way to get it. So you pay what the charge you. Instead of letting your opinions influence your buying decisions, in this case, you would petition your local government, complain, write letters to politicians and newspapers, protest, etc., etc. The market dynamic is much different when it comes to monopolized public services that are pretty much necessities for daily life.
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