Thread:SomeoneYouUsedToKnow/@comment-25396609-20170323044950/@comment-25936766-20170328232349

Terminus99 wrote:and if some of my teachers are to be believed, they have actually been good to the economy. That.....depends on how you look at it. Here, many of them see something expensive, practically being robbed on the spot from the price alone, but buy it anyway because that's the standard. We've become apathetic to it.

So Venezuelans are more indifferent towards expensive stuff. And of course, the more money people spend, the better the economy gets.

...........But like I said, Venezuelans don't have economical common sense. In a decent nation, if the prices are too expensive, the sellers would be demanded for it and/or be forced to drop the prices. And even if they weren't, no one would buy them, and so they would drop the prices anyway just to get people to buy them before they end up wasted.

Meanwhile, here, if something is expensive and no one buys it, people don't drop the prices to attract more clients. If anything, they may just raise them. Products go unsold for years and people still don't drop the prices. In some cases it even extends to the food.

....Granted, your country, I assume, has a better production than us, which would alliviate one of the main killers of our economy: Reselling. It goes like this:

-Products arrive at X location and people go to buy them for the cheap, fair price. (Well, sometimes it's more like "cheap", but still).

-Those people sell them to others at inflated prices. People who, to get anything from it, then sell it at even more inflated prices. To people who then do the same.

As a result, you get things like 1Kg of cheese going from 4000bsf (fair price, supposedly) to an average of 9500bsf, rising 200-500 every day.