Why is the high end stratospheric?


I think this article has at least part of the answer:


https://www.bloomberg.com/news/articles/2019-03-07/scammed-at-40-000-feet-opaque-market-costs-the-je...

To your own ears and wallet be true, but I will always fight against seeing prices as the way we determine quality.
erik_squires

Showing 1 response by millercarbon

I've seen interviews where a manufacturer would say that his dealers in Asia told him he didn't have product that was sufficiently expensive, and urged him to introduce a new model to fill that demand...


Its a fact. I got a whole bunch of stuff cheap when I learned there are "blems" that exist only because Crazy Rich Asians willing to pay through the nose for perfection won't spend a dime if they see so much as a dust speck.

Its not just planes and audio either. A friend one time gifted me a box of Granny Smith Apples. He worked for a produce distributor. The box was for export to Japan. Laser scanned for shape, size, and blems, they were an entire box of identical, perfect apples. Fresh from the tree and immediately stored at 33.5 degrees in a nitrogen atmosphere they were the juiciest, crispest, tastiest apples ever. You do not even want to know what they sell them for. Let alone what people pay for them in Japan.

Once we started printing "money" by the trillions from nothing, well what did you think was gonna happen?