Originally posted by MOBIUS
they would not sell the goods to me if they weren't making some money.
In Bali we were paying about 20,000 for sarongs down from about 75,000 in Kuta and Ubud, when we were touring the countryside they were so desperate because of the effect of last year's bomb attack that the starting price was 10,000! That was the only time we bought at full price, because you could see their desperation as the tourists just weren't visiting those areas...
The point is they're still making a profit at 10,000, so the full price that Americans pay represents a staggering profit ratio. Paying inflated prices distorts the economy and promotes greed, I think it's a bad thing. The reason why Bali is in so much trouble now is that it has become almost 100% reliant on tourism over the years - now the tourists have gone for the time being...
Besides when you travel you have a budget of how much you're prepared to spend over the holiday. I spend that just like the American, it's just I come back with more and better stuff because my money went further. We both put the same amount of money into the economy.
they would not sell the goods to me if they weren't making some money.
In Bali we were paying about 20,000 for sarongs down from about 75,000 in Kuta and Ubud, when we were touring the countryside they were so desperate because of the effect of last year's bomb attack that the starting price was 10,000! That was the only time we bought at full price, because you could see their desperation as the tourists just weren't visiting those areas...
The point is they're still making a profit at 10,000, so the full price that Americans pay represents a staggering profit ratio. Paying inflated prices distorts the economy and promotes greed, I think it's a bad thing. The reason why Bali is in so much trouble now is that it has become almost 100% reliant on tourism over the years - now the tourists have gone for the time being...
Besides when you travel you have a budget of how much you're prepared to spend over the holiday. I spend that just like the American, it's just I come back with more and better stuff because my money went further. We both put the same amount of money into the economy.
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