[AMRadio] economics -------------

[Phil (VA3UX)]

True in many cases but not all Donald.  I too was amazed at the prices of 
some things on eBay and often wondered what the hell the buyers were 
thinking of.  I got a different perspective from a few rural hams and 
off-shore types too.  Many things on eBay are things you and I have walked 
past at hamfests year after year and therefore they are not rare or 
particularly valuable to us.  But to some guy (ham) that lives in a wheat 
field in Kansas and has *never* seen any of this stuff in the flesh, who 
only has one hamfest a year to go to that is 200 miles away and its 
attended by 30 people,  they don't mind outbidding everybody on eBay one 
bit.  Because eBay is the first place they've ever actually come across the 
item for sale.  I think that sort of scenario is at least partly 
responsible for some of the bidding.  They aren't all fools.  Some are just 
motivated buyers.  But there definitely are fools too, no question.

A different perspective

Phil

At 10:21 PM 3/6/2002 +0000, you wrote:

>E-Pay is a virtual auction site that covers  the entire planet.  For any 
>item listed, odds are that somewhere  there will be at least one fool 
>willing to pay much more than the item is worth, thus the market price of 
>nearly all second-hand merchandise has been driven up to unrealistic heights.
>
>Thus the dollar becomes worth less because it buys less.  Also known as 
>"inflation".
>
>Don K4KYV
>
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