Could somebody please explain to Olivia that the price fluctuation of a commodity does not change the fact that it is still a commodity. Originally Posted by WTFFirst off, commodities are usually raw material and in any case they are items where there is virtually no difference from one to the next. When there is a discernable difference, it ceases to be a commodity. Take French chardonnay grapes for instance. These grapes, can be grown anywhere in France and those chardonnay grapes are sold on the open market as a commodity. The grapes grown in the Champagne Region of France similarly, but not to the same degree as a common French chardonnay grape because of their C of C declaring their region of origin, are also a commodity; and they are sold to the Champaign Houses of France and go on to be champagne. The very best grapes, those that are specifically discernable for their excellent properties and rarity, go on to become vintage champagne and / or their cuvee preserved to balance out future, non-vintage champagnes. Those grapes are NOT commodities, that is the grapes that are literally just like all the other little grapes go on to be multi-vintage champagne. See the difference: discernable and rarity within a given set or sub-set of items vs items undistinguishable from the rest.
THIS is why hookers aren’t a commodity. Even within the largest two, financial subset of hookers, at least amongst the indys, those at the $180 - $250 price range and those at the lower end of the bell curve < $179, there is too much discernable difference between one and the other. One could say one $80 BNG girl, $250 indy, $400 upper range or $1,000 HDH are the same as any other, but if that’s the case. If it were, there wouldn’t be any review sites like this one.
I will concede that the spike in earnings for oil field employees is a price fluctuation due to the oil crash of the 80’s.
While you are at it try and explain to her that price equilibrium is what ultimately sets the top rate she can get. If she sets her rate out of the price equilibrium range...she will get nothing. Originally Posted by WTFPrice equilibrium, yes I had to look it up, is something that exists in the real world not the world of hyperbole. $20,000 an hour is an obvious exaggeration. If you’d have said why didn’t I charge $1,000 an hour, then I’d have said because I couldn’t fetch that price.
Why don’t you stick to what you know like street smarts instead of what you kinda know about because you just put down a book on the subject.
If you can get her to understand these small points, she will then see what total bullshit her post below was. Originally Posted by WTF
You’re an idiot. Supply and demand, if hookers were a commodity, would have driven the price to a central price that I think would have been about $200 an hour. The fact that I can charge double what another lady charges demonstrates the opposite of what you are trying to say.
Originally Posted by OliviaHoward
There is no irony. It also isn’t a supply and demand issue. I charge what I charge because that’s what I set my fees at. If it were a supply and demand issue, my prices would have been driven down. Hookers are seemingly a commodity, but the range in prices demonstrates otherwise. Originally Posted by WTF
Yes, at some point, something becomes valueless at the lower end and therefore not worth producing and at the other end so expensive no one places that much value on it so in that regard supply and demand does set the price. But we’re not at the extreme ends of anything here. If you want to look at the extreme end of what a woman got paid, look at the one-legged, ex-Mrs. Paul McCartney. He was already a billionaire, didn’t make her sign a pre-nup and lost upwards of a billion dollars when they divorced. I wouldn’t pay half that for a one-legged chick no matter what.