jwop
Well-Known Member
I wasn't trying to get political, but you make a good a point.
Chicken or the egg?
- Thread starter jwop
- Start date
sarah22
Well-Known Member
i can understand that...but greed is why its illegal in the first place...so i'd rather have greed with legalization, as opposed to greed with prohibition. either way, we're always going to have greed.
jwop
Well-Known Member
as long as we breed pussieseither way, we're always going to have greed.
Edit: Greed is a manifestation of the weak trying to portray themselves as strong.
d.s.m.
Well-Known Member
That's a load of shit. Greed is just greed.
Bauks
Well-Known Member
The first Prohibition ever Was(weather real or Make believe).... When God Told Adam And Eve Not To Eat Of the Tree Of Knowledge....Look At How Well That Worked Out ...The "most Powerful Being In The Universe"...Two Stupid Animal like people ....And One Plant ..... Prohibition Didn't work Then It won't now either It just cannot be sustained...Bet you didn't think of that story as one of Prohibition Did ya LoL
CrackerJax
New Member
If people could get past their greed, weed wouldn't be 300/ounce.its dangerous because its illegal. it wouldnt be dangerous if people could get passed their greed and just legalize it
Stoners are not exempt from greed. They are exactly the same.
Jack in the Bud
Active Member
So why did the chicken cross the basketball court?
Because he heard the referee was blowing fowls.
Jack
"May the weak and the greedy crap in their pants." (Mojo Nixon)
Because he heard the referee was blowing fowls.
Jack
"May the weak and the greedy crap in their pants." (Mojo Nixon)
tnrtinr
Well-Known Member
No, price is a function of supply and demand.
CrackerJax
New Member
So, 500% profit is normal?... okay then!!
Let me call Exxon who works on about 8% profit. They'll be jubilant, and you can pay 80 dollars a gallon for gas.
Let me call Exxon who works on about 8% profit. They'll be jubilant, and you can pay 80 dollars a gallon for gas.
tnrtinr
Well-Known Member
Apples to Oranges
Exxon works in a market that the price of their ONLY input (crude oil) is determined by collusion (OPEC). OPEC's goal is to control the extraction of oil to maintain a price per barrel to maximize profits for it's members while balancing pressures from governments and markets as well as elasticity of consumer demand. The cost of the input is artificially high (reduced profit) because of OPEC. They also have costs that deal with capital gains, pollution mitigation, taxes, education, R&D, refinement, insurance, employees, legal team, lobbyist, legacy costs, $507.5 Million in punitive damages from the Valdez spill (92 Million outstanding), maintaining / upgrading massive facilities and infrastructure, etc. They are an ENTIRELY different beast than the underground cannabis cultivation industry.
If only Exxon raised their price to $80 a gallon they would go out of business. There would still be the other refiners / sellers offering $3/gallon gasoline and nobody would buy $80/gallon gasoline from Exxon sellers.
If gasoline were arbitrarily set BY ALL SELLERS at $80 a gallon CET PAR than consumption would drop drastically. So much so that the percentage change in consumption would be greater than the percentage change in price leading Exxon to less total revenue and lower profit. Price is higher than equalibrium so there would be an excess of quantity supplied and fewer quantity demanded. That "excess supply" would cause the price to drop as sellers aim to see greater profit by undercutting their competitors to see increased total sales. This would happen until the market was back in equilibrium.
Cannabis has production costs (dirt / water / fets / lights / pots / seed / time) and a risk premium (worry / incarceration / fines) which is subjective based on the individual as they evaluate their individual risk of getting caught. Most transactions are black market and hence not subject to laws. They are not paying taxes, subjected to legal ramifications, or subjected to labor laws. These are things that legal enterprises like Exxon have to deal with. The price of cannabis must exceed production + risk. If the price is higher than the cost an individual can produce cannabis in their eyes; they as rational people will enter the market with profit as their motivator and start growing. People will continue to enter the market until it is "saturated" and the firm realizes a "normal profit." Most legal agricultural farmers fall into the category of "normal profit" which is why the US government subsidizes farmers not only with money; but the dumping of product domestically through intentional disposal / spoilage and internationally via foreign aid.
Straight up G
New Member
chicken or egg?, chicken of course how could anyone be so stupid its like saying what came first chicken or chicken shit!
jwop
Well-Known Member
This thread has nothing to do with poultry bro.
Straight up G
New Member
it is the title
CrackerJax
New Member
The egg is first.... anyone knows that! 
CrackerJax
New Member
BS.... greed is greed. If weed went for thirty bucks an ounce 90% of the dealers would DROP out. Nuff said. Yes, the market...the market of greed.
Since there is no natural checks and balances...the greed is allowed to expand.... to like 300-400/ounce.
Straight up G
New Member
impossibleThe egg is first.... anyone knows that!
c0lchester
Active Member
greed dose make an 0 cost 300-400 but people who are compassionate twords there fellow smoker should never ask more than 200, delivered IMO
tnrtinr
Well-Known Member
Did you read any of that post that I carefully typed out?
First of all the price is what it is because people are willing to pay for it. Your dealer could be greedy and say $2000 an 1/8th. You'd say good luck getting that and find someone else. Just like everyone else would buy from a guy that offered cheaper pot and the guy selling $2000 would go belly up. They can't be greedy without a buyer willing to fork over the cash. The fact that you are willing to pay that price says that you think it is worth it. If not you would grow your own and sell it to other people.
If weed were $30 an ounce it wouldn't be worth the risk or time to grower / seller / transporter. You seem to forget that cannabis is ILLEGAL and in MOST jurisdictions there are stiff consequences for growing / transport / selling. You going to grow / traffic / sell marijuana and risk having your house / car seized, face jail time, thousands in fines, and having a record for couple of bucks. Also you would have to deal in volume. More product + more customers = greater chance of getting caught by someone ratting on you when they get caught.
The market for weed is a lot closer to a free market than anything you buy in a store. You will never see $30 /oz cannabis. There is no incentive for the grower.
CrackerJax
New Member
Precisely because it is illegal, you cannot argue supply and demand. Normal business models don't work on black market items.
Yes...what the person is willing to pay.... in the extreme.... greed. Ppl would be willing to pay FAR LESS. So why not? We all know weed isn't that expensive to grow.... the customers don't set the price.... and your response fits perfectly.... what they are willing to pay.... the top. Always the top end. That's greed.
There is no shining armor for ppl who make their primary income off of weed.
They are PART of the problem.
Yes...what the person is willing to pay.... in the extreme.... greed. Ppl would be willing to pay FAR LESS. So why not? We all know weed isn't that expensive to grow.... the customers don't set the price.... and your response fits perfectly.... what they are willing to pay.... the top. Always the top end. That's greed.
There is no shining armor for ppl who make their primary income off of weed.
They are PART of the problem.