(Topic ID: 291861)

PinGreed is a cancer. Is there a cure?

By Damonator

3 years ago


Topic Heartbeat

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  • 246 posts
  • 99 Pinsiders participating
  • Latest reply 2 years ago by jgelman
  • Topic is favorited by 6 Pinsiders

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    #90 3 years ago

    Like a few people said it's supply and demand .....yes but new people in the hobby (not every new people) bring a new behavior that already existed in many things in life. I cannot help myself thinking about one of my friend who has all the money in the world and i'm talking about tens of millions of dollars. Really nice guy and if you met him you would never guess he is that loaded since he is a simple kind of guy. Point is : his favorite game in life is negociating every single thing trying to get the best deals possible when he buys and sells. He calls it a game and he has been playing it since as far he can remember. It's just greed to me but for him it's a game. He likes the thrill of negociation and actually it's more about a power struggle than money. Good thing he doesnt like pinball but if he was he would have no problem listing a pin at $30 000 even if it sits unsold for months.....it's a game, doesnt mean it's real.

    #211 3 years ago
    Quoted from thedarkknight77:

    Pinball prices. Who is to blame? The order in which the chaos came and will continue to come
    1.Covid emerges
    2.Lockdown orders cripple global Supply Chains causing Supply/Demand imbalances
    3.Lockdown orders redirect discretionary money flow from vacations to recreation
    4.US govt. panics and prints trillions of dollars
    5.US govt. panics and distributes money to millions of Americans who did not need it
    6.The two major asset classes inflate, i.e. Stocks & Housing, due to 4 & 5
    7.Americans feel richer because their assets have inflated
    8.Lockdowns are lifted, what’s left of the economy reopens
    9.Consumer options for discretionary spending increase
    10.Supply/Demand normalizes in all markets that benefited from Covid
    11.The US dollars loses buying power globally
    12.Materials and labor in US continue to increase due to inflation
    13.Pinball demand slowly decreases due to rising prices & shift in spending
    14.Kaneda wins a 5th TWIPY award!!

    I agree with that but lately it seems like the Kaneda name as to come up in every thread and I don't get it. Do I get a check everytime I type Kaneda ? Lol

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