tag:blogger.com,1999:blog-5465015914589377788.post4563184003963020792..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: When is “The Price” the Real Price?Michael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5465015914589377788.post-30309752549411240322008-08-15T12:36:00.000-04:002008-08-15T12:36:00.000-04:00"I have an amateur interest in money. My goal is t..."I have an amateur interest in money. My goal is to explain financial matters clearly for non-specialists."<BR/><BR/>And you do it VERY well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-57035466146803281872008-08-15T09:56:00.000-04:002008-08-15T09:56:00.000-04:00MG: I agree that this practice is rampant through...MG: I agree that this practice is rampant through our economy. I chose to pick on Air Canada, but I could have chosen Bell, Rogers, car dealerships, or just about anyone else.<BR/><BR/>Potato: The major players in many industries collude on prices to some extent. Could burger joints be next?<BR/><BR/>Patrick: I remember Mulroney talking about the importance of the GST being a visible tax. At the time this seemed reasonable to me. But, looking at the state we are in now, I agree with you. I'd rather have all taxes included in advertised prices.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-5396928467469384402008-08-15T09:07:00.000-04:002008-08-15T09:07:00.000-04:00I agree entirely about the downsides of visible ta...I agree entirely about the downsides of visible taxes -- the effects of conditioning people to expect to pay more than the advertised price have been grossly underestimated for a long time. Personally, I think that effect is worse than the government sneaking more taxes in, especially in Canada and in the internet age: if prices get too high, people will start buying things across the border, and Canadian retailers will complain loudly, so it's a self-correcting problem.Patrickhttps://www.blogger.com/profile/16816252455472704262noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-91908746421249963292008-08-15T08:44:00.000-04:002008-08-15T08:44:00.000-04:00And as long as all the burger joints introduced it...And as long as all the burger joints introduced it at about the same time!Potatohttps://www.blogger.com/profile/18157102363273750204noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-41032336376609206032008-08-15T08:13:00.000-04:002008-08-15T08:13:00.000-04:00Good points. I never understood the fuel surcharg...Good points. I never understood the fuel surcharge deal. Just raise the price for the flight. Maybe lower it someday if fuel drops. <BR/><BR/>Very similar practices for buying a new car, or building a prefab home. The bare-bones price is always advertised. Who buys a car without air conditioning or a home without flooring...MG (moneygardener)https://www.blogger.com/profile/09118524634677340463noreply@blogger.com