quote:I guess I have to complete the picture for you. The "picture" is drawn by the legalization movement.
You said that THE REASON people said it should be legalized is because the price will go down.
quote:And this is true. The price of "illegal" weed will drop.
The legalization supporters have repeatedly said the legalization of illegal drugs will take the monopoly of the majority of drug supplies out of the hands of drug cartels when legitimate businesses start producing and selling the drugs. This will destroy the profit incentive of the drug cartels and legalization will be the cause (reason) for a decrease in illegal drug prices.
Why do y'all waste your time with that moron?
Explain why your jimmies are rustled by what I posted in my first post. Thanks.
quote:If the price of legal MJ increases over what the price of illegal MJ has been, why would the price of illegal MJ drop?
And this is true. The price of "illegal" weed will drop.
Says the guy who doesn't understand basic financial and economic principles.
quote:Not true, b/c there are external factors built into the markets that don't allow them to operate freely (mainly, the illegality of it).
If the price of legal MJ increases over what the price of illegal MJ has been, why would the price of illegal MJ drop? The druggies will still have a financial incentive to buy from the illegal sources with their existing lower prices.
you said that the other side was wrong for making a statement that no one made.
quote:Then look somewhere else. Thanks.
The reason that I responded to you in the first place was that I was looking for a reasonable argument against legalization,
The druggies will still have a financial incentive to buy from the illegal sources with their existing lower prices.
quote:That depends on the price differential. Just look in this thread at those who moan that the price of the legal stuff is too high. There will be enough users who will still go to their long-time illegal suppliers who they think they can trust.
being able to walk in a store front and buying it is worth a premium price than dealing with sketchy joe from down they street who continually operates on black man time.
The prices will come down as the buying and selling stabilizes. They won't fall drastically. Maybe 300 per oz, or there about.
quote:Maybe. But I can see an argument that with legalization there will be an increase in buyers (users) because the stigma of getting arrested is removed. As wth any product, if there is an increase in demand, there is an increase in price.
The prices will come down as the buying and selling stabilizes.