Re: Effects of Ebay & similar on the ecomony?`

royls_at_telus.net
Date: 09/26/04 

Date: Sun, 26 Sep 2004 18:34:00 GMT

On 26 Sep 2004 08:00:50 -0700, insuranceguy@swicker.com (Bruce R.
Swicker) wrote:

>Maybe it's been discussed before, but I am curious if there has been
>any serious study on the effect that Ebay and similar internet auction
>sites has had on the economy?
>
>Specifically, I am referred to the flood of personal items (not
>necessarily the new, "Ebay-store" type retail offering) that might
>have otherwise remained tucked away in atticts, basements, etc. Sure,
>there have always been yard-sales, but these are local events, and the
>online auction has exploded the market for buyers & sellers, alike.
>
>What effect has this new liquidity had as items are sold and spendable
>cash is released into the overall economy?
>
>Just curious . . .

I believe the increased liquidity in collectibles markets has reduced
many prices.

-- Roy L