This member has provided no bio about themself...

Latest Media

We're sorry, but no images, videos or audio files have been added to this gallery.

If you would like to share media with the community, sign up and you can.

Blog RSS Feed Report abuse Latest Blog: Basic economics my friend and the result of a vicious rat race

0 comments by !!!Breckenridge on Mar 7th, 2009

Basic economics my friend and the result of a vicious rat race. It is called supply and demand. People are always trying to get ahead of the next guy. I see it in life and it is without a doubt prevalent on these message boards. If one young couple is willing to work 60 hours each a week and another does not than the first couple gets ahead in life. Purely, from an real estate in breckenridge economic since. lol how about working 60 hours and earning the same stuff as you can today. Well, turn back the clock and you can ask the same question to folks when the majority of the population lived under single income. As everyone starts to work 60 hours they drive up the cost of goods because their purchasing power increases. Or does it really???? lol, you got it no, you just force everyone to work harder for virtually the same lifestyle. This can be additionally, exemplified with our current situation with the housing boom. If lending gets so cheap that anyone who is willing to take a risk with creative financing can purchase more home than others eventually feel pressured if they too want what their neighbor is getting to where they all drive up the price of homes and no one eventually gets ahead and things get so tight that it all comes crashing down. Obviously, this is example goes much deeper but the basic answer to your question is supply, demand plus a general understanding of purchasing power/vs. currency valuation.

Post comment Comments
thekillerninja
thekillerninja Sep 6 2013, 12:39pm says:

hey whats up I pretty much just joined today so im new around here so I dont know much about what goes on on this sight. so when ever you get a chance get back to me as soon as possible.

+1 vote     reply to comment
Post a Comment
click to sign in

You are not logged in, your comment will be anonymous unless you join the community today (totally free - or sign in with your social account on the right) which we encourage all contributors to do.

2000 characters limit; HTML formatting and smileys are not supported - text only

Level
40%
Newbie
1
Avatar
Avatar
Offline Since
Aug 20, 2009
Country
United States United States
Gender
Female
Member Watch
Track this member
Statistics
Activity Points
4
Rank
165,637 of 474,930
Watchers
4 members
Time Online
1 hour
Comments
0
Site Visits
9
Profile Visitors
7,291 (3 today)
Contact
Private Message
Send Now
Email
Members Only

No one is friends with !!!Breckenridge awww. You should invite your mates to the site, or make new ones.