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World is full of goods and products specially brands clothing and Even the luxury cars.
In the law of supply and demand no matter If rates goes lower things prices can fall.
Now there is problems where to put all those cucci Versace or other high brands products.
There is no space anymore for that and Even Luxury cars the world is full of those.
By supply and demand you should get one lambo for 50Usd or maybe Even for Free.
That's the secret but nobody don't talk about it world is over. Supplied there is too many goods but hard to storage them or destroy.
And Even food the world is full of food even good food goes into waste.
And If we look at all those eshops like ebay amazon we have situation when supply is way higher then demand.
They produce more but we have allready too much just too much
And If the fed will cut again rates our planet will be Even more full of the trash and we will be oversupupplied of anything and now the Western countries are full of goods and a lot Luxury brand items and clothing what nobody don't really need yet the prices are high but sooner or later Luxury goods and items prices will fall becouse world is allready full of those.
Even myself ... And many people who i know ...all my basement IS full of clothes becouse i buy every Christmas time brand clthings ...and i have nowhere to put them.
The clothes they get old and you don't want to wear them so you end up full House of just the old brand clothes and that's not just me but a lot people have Same problem we collect things more then we need it.

I am sorry to say op, but when you are trying to create a topic or bring something to the public where discussion will be made, you should do good and adequate research before you can write one of those things.

If I may ask, do you direct this to only the rich and wealthy in society or the world at large? If you are directing it to the rich and wealthy society, I will say you are right, but if it is to the world entirely, you are very wrong, because let's not even forget about the luxury brands and clothing. Let's just discuss food. The poor living in some parts of the world are not in a small population to the extent that it is so hard for some people to even have a single meal a day. So please, I will encourage you to delete or lock this thread because it is of no use and very low quality to be pasted to the public.

OP don't forget that human needs are insatiable, people will always need new products. If a need is satisfied another one is naturally triggered. I don't the source of your information or how you got the inspiration to put up this thread because it lacks some basic facts. Luxury goods will always be available for those who can afford them, and old products will be dumped. Your assumption that the price of luxury goods will fall in the future is not true because there will always be people who can afford it. You should also know that the price will never fall because of the cost of production. Most of these luxury goods are expensive to produce and you don't expect the manufacturers to sell the product below the cost price.

I want to also advise that if your basement is filled with clothes that you don't need anymore you can donate them to NGOs so that they can be distributed to people that need them. Prisons in my location will be willing to receive such clothes because many inmates don't have clothing materials. The truth is that the rich will continue to buy what they want and the poor will be satisfied with their basic needs.       

who's going to produce billions of Lambo?
i couldn't see Toyota producing a massive quantity of Hilux Trucks to flood the market, it's not in their best interest.
if you bought them just because you have money to buy them then obviously you can afford those luxury items but you don't need them. when it's branded, however, it becomes an investment. give it years and the price of those items is probably higher than today.

my suggestion is that if you are not interested in your stuff, sell it on eBay.  

If you do see that you are buying something which is already too much then it would really be just that wise that you should really be refraining on doing that.If you dont like for your house to have tons of dress or clothes then better stop on keeping on buying. Well, if a certain individual does have that financial capacity then they could really buying things on which they do want or like to have. If you do like clothing then
you would really be focusing on that, but its true that on the time that you do get matured or able to realize things then this is where you would be starting on thinking that you shouldnt have done that.
Eveythings too much would really be not relevant anymore or simply you are really just that wasting money on something which isnt worth.

Human beings doesnt really have that kind of contentment on which it is normal but you shouldnt really tolerate it.It would be much better if you do really put up focus on other things or
simply spending onto those which are more important or worth.

seems like you’re just talking about the middle and upper class in usa talking about ebay and amazon

this is a classic rich people problem “oh i have so much things i have nowhere else to put them poor me” i don’t know what problem are you trying to point out here is it that there’s too much supply and less demand that economic prices will fall or that the environment is being harmed with all the goods rich people are buying and throwing away?

there is not enough food for everyone there are lots of countries wherein hunger and malnutrition are huge problems you only talked about luxury goods but it is only the rich, those who can afford it, that are buying it and it seems like you are one of them so what is the problem if you continue to be part of the problem yourself?

Sorry but there is life like this around me and truly they throw away alot food the fast food places do a lot waste.
And now days when fed cut rates covid19 times we was bored and bought a lot things what we don't need so many

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Im not rich i just have House full of clothing and other unnedded items.
Im far from rich nowdays even the person who got money not the rich

If i would have first 100k in my bank account as Free money not Under debt or liabilities and i will have atleast 100k cost car then Im not Even rich
Belive me i see a lot rich people so it got me thinking world living in huge abudance and wealth
I use to visit London it's grazy how many rich are there everybody drive rolce or Lambo.

It means it's easy to get rich nowdays that's why so much rich people and so many consumers and a lot goods what we dont need

Either we use it or just keep it untouched, as long as people buy it is what creates the demand and I don't know where you live but I don't see Lambo in all of the road but just Toyota which makes evident that not even the top 5% can afford that.

All I got is a saying "Rich is getting richer by pretending to be poor, poor are getting poorer by pretending to be rich".

It will be boring if the things and products since the 80's are still the product and things of now. That will indicate that there has been no growth and no changes. Inventors keep inventing, designers designing, Creators keep creating and they will never stop. There will always be new things, because there will always be a better design and a better /improved method of doing things. You do not have to buy everything, buy what you need and leave other people to make the choice of spending their money on what they want or what they need.

Then that is my point: if you find yourself in this type of situation, you can divert these items to the less privileged (the poor). If those things have no use to you, they will be very useful to the poor because they will need them more and also appreciate you for giving them those items.

So don’t take my reply so irritating, but I'm just trying to make you understand your mistakes and solutions to such situations to avoid waste of goods.

Have you ever consider that even a new clothes you bought will get old one day and turn to be a rag, sometimes we even use our money to buy things we don't need to make use of to later realized we just have wasted our money for non valuable items or things we don't need, we have to realize as well that there's time for everything we do in life, they appears in seasons and we need to be positioned for them when coming in other not to miss them.

OP thinks prices of goods will fall LOL

nope. thats not how inflation works
when the FED reduces rates. prices dont fall.. they just dont increase as fast
instead of increasing at 11%-50% in a year they will tone down to only increase at 2%-5% in a year

never has fiat acted in a way where goods overal have a deflation (minus interest rate)

heck even when oil was over sold and contracts ended and no one could take in all the oil so they had to resell it quickly at minus price barrels.. the retail price of car fuel NEVER went into the minus

what you find is goods causing a pump if mega inflation correct back to value.. they dont go below normal inflation value
if you are hoping to get a brand new iphone 20 in a few years for under $70, forget it.. it will be over $1k

if bread costs $2 now, dont hope for bread to be $0.10. it will be $2.50+

as for long term supply
goods and groceries are not produced to last decades everything has a "shelf life"
yes it ends up in landfill, but welcome to consumerism/capitalism

I don't agree 100% with you, in this world there are still many things that are more important than things that are not important, but many people buy things they don't need (This is probably the reason why you created a topic like this). There are many big innovators who make goods that humans really need, but prices and needs influence the level of need for those things, Whatever thins exist in this world, don't say they are not important, everything is important, but the level of need influences whether it is important or not.

When a product's demand is low the production would be high, thereby reducing the price and when demand is high the production is less, increasing the price of the product. In the economic world of today, things change. Many people go for the expensive clothes, still leaving those clothes like gucci at an expensive price rate. These terms about demand and supply in economics is referring to a general market, not just a brand. These brands have different customer base and work according to the rate of demands they get on their next production. And generally the fabrics industries can't run out of demands, people keep on changing new clothes. You're right, the world is filled with what people don't need anymore. Lots of rags wasted in the bin, every single minute. Humans upgrade their wardrobe to look neat. So, it'll be difficult for those designer brands to fall in price. Instead the price will keep on increase. Same is with the car industry. The demand of cars are still high, although second hand cars are getting cheaper, hence, only few go for brand new cars in the third world countries. The listed goods and products in your list, human rarely would do without it. Some food products like potatoes go cheaper because the demand is less and the production rate is high. Many other nutritious foods have gone extinct, due to the downfall in demand. Farmers no longer produce them anymore.

Isn't it that's why it is called luxury items though? It's because no one can afford it or at least there are just the 1% in the world that can buy those luxuries clothes, bags and even car. So with that it's not for us, we can't simply afford that. But there could be demand somewhere else, places that only the elite and the rich can buy. So we should accept that fact, instead of crying or bitching around and saying that the supply is there but the demand is lower and that in the example of the OP,  50Usd for one lambo. But that's not going to happen not now and not in the future, sorry to burst the bubble to the OP. Just buy what you can afford, easy as that, if you can't buy those luxury things then so be it, it's not like the end of the world to you and to others.

yep luxury items is not the cause of waste lands and landfills. its the cheap stuff that OP should concern himself with

luxury items are small batches made slower and with detail and quality. thats why they cost more
its the cheaper mass produced items that are wasteful. people dont bother to care for the item, dont repair it or look after it and just throw it away when damaged/unwanted

take a few decades ago. a simple washing machine cost a minimum wage persons whole months paycheque. when it broke people wanted to pay a few hours labour for a repair, they treated it as a luxury with respect and care.
now you can get them for under a weeks paycheque, and with repair guys fees being a few days of pay for a temporary fix. people just dispose of a machine and buy new

as for the OP's basement of clothes
3 idea's
a. hand-me-downs to relatives
b. give to charity/thrift stores
c. hand them to college fashion students as spare fabric

It seems like OP are expressing concern about the perceived excess of goods in the world. However, that's precisely why we have the law of supply and demand – to balance things out. It's as if you're thinking that our world is getting filled with trash due to the excessive production of things by people. But in my opinion, everything will eventually decompose and turn to dust over time. Some are recycled, and others are incinerated. Don't worry, OP, because I believe it's still balanced.

Do you know some waste warehouses in the world? Try going to Thailand, where today's waste problem is directly affecting the people here. Things that are superfluous, even unused, can be thrown away, but think about how to start creating products and talk about "product supply and demand", It is like a result that manufacturers or related parties (including users) must accept. In another aspect of real estate, when buildings are continuously produced, but people have no need to use them and some places become abandoned areas after many years, of course no one wants that. But still, accept it and find a solution. And for personal consumption, instead of blaming the products that appear, look at yourself to see if it is necessary to rebalance.

There are some things in the world that no one needs too much of. We live in a world full of excess and waste. Many have more than they need, while others struggle to get the basics. People work with the utmost necessity in their lives all their lives. For example, water, food, shelter, healthcare, transportation etc. They are essential in human life and need to be strongly influenced and protected. There are also some very enjoyable things in life, which, if not needed, make life miserable. For example, literature, art, cultural experiences, love and relationships, discussion etc. They influence people's attitude, state mind and improve it. Therefore, the world is full of things that many do not need much, but all the things that are enjoyable and pleasant in life need to be held by faith.

While it is difficult to understand what the OP is trying to say I think they have a point when they talk about our abilities of production exceeding our capabilities of consuming all of those products that are being created.

However partially this can be blamed to those producers of goods creating low quality items that have to be replaced all the time in order to increase their profits, as it could be entirely possible to create much better goods for a higher price but that you may never have to replace over your life, decreasing our usage of resources and the overall wealth spent on those products, but since this will play against those producers they refuse to do this.

People who buy more luxury than they can use, make money that may be toomuch to spend before another earning cycle. It's good to give out items and property we no longer use, but not all humans think alike in this regard. Donation to charity organizations, NGOs, orphanages would do better to disburse such unused property to those who need it most.

Perhaps, people don't know how to give out their old or unused property because they have built walls around themselves and the economic difference makes them have no close friends or friends at all who aren't in their earning class.
If a campaign is done to create an awareness on how to collect and redistribute this unused things for a certain stipend or for free, am sure people will take advantage to remove what they no longer need or use.

Yeah, you can't really bank on most goods being "lifetime" quality in current economy. It's not only about resource usage - it's also about workforce employment and distribution channels already created. Would basically lead to a huge flop regarding workforce and a lot of unemployed.

Basic idea is: imagine right now you gotta remake the same 30 items every month(demand and supply). It takes 1 worker to make 1 item 1 day. So if you suddenly switch to only needing to remake the item 10 times due to it having higher quality and lasting longer. Well, now to keep same 1 worker occupied he needs to spend at least 3x more time creating said item, otherwise his position is most likely going to get shut down. And you can transfer all of those issues to transportation(delivering of said item), marketing it to people (Good example would be amazon model, you have companies like Weby Corp (http://webycorp.com/) that do listing creation/optimization and advertising companies), etc.
One of the folks I know had a theory that overall lifetime of tech had to go down for the economy to be able to support production of said tech, since if you'd be able to buy a PC and have it work for 20 years, then you simply wouldn't have cash flow to improve parts as fast as we did. That's why in 90s buying PC would last you a good 5-7 years, and those days PCs are obsolete after like 2-3. Progress in improving is just too fast, since competition is high and cash flow is insane.

If you don't need new items, you don't need to buy them. These companies always release new items to attract the attention of their fans, especially if the items are limited.
We are the ones who should be blamed because we buy things just for our lifestyle. If we don't follow the lifestyle, that is also okay and there will be no accumulation in each person's house.
If you no longer need your old items, you can give them to people who need them and they will be happy to accept them because they need those items.
Just let the companies release their newest items to make a profit. If people realize this and choose to save money, companies will definitely think of other solutions.

Okay if understand OP very well, he is saying that there is a much more produces that are more than consumers and demands and basically people like him just buy more than they are needed same as others too. Meanwhile.... There are less privilege people who are in need especially on the essential commodities and the quantity of productions is flooding everywhere taking and occupying irreverent spaces irrelevantly including the wastes and useless materials littering everywhere unnecessarily and the government is not doing anything to fix the situation because they are seen messed and uncalled-for.
But OP, if more products are not produced, how are we supposed to restock at when needed just as you said... You buys clothes on every Christmas and some gets old so if once you get old and there is non to buy in use, how do you tend to do about it? Going like the Adams I guess. And in the first place, why would you purchase more than needed?
The reality truth is that surplus products is necessary because demands increases on daily basis.

So why don't you also look at the agriculture and instigates farmers should stop farming Maybe because the world has accumulated more than can sustain lives til eternity.
Why not talk about those who still gives birth maybe they world is filled up and no space to accommodate more people.
The variety of produces also has varieties of demands so just go and afford what you can and as much as you can at when you can.

This world does have many things, from cheap to expensive, from old to new, even from well-known brands to unknown brands. But that's the way this world is, everything keeps improving to make it better. So our job as humans is only to choose these items, and buy what we really need.

If, for example, we need quality, it means that nominally the money will definitely be more expensive. and if for example we choose goods with standard quality, it means the price will definitely not be too expensive. So in essence, if you think that this world has a lot of things that are not very useful, maybe from your point of view that is correct. But if you look at it from someone else's perspective, it might be different.

That's overproduction, there are not enough people to consume the product which leads to more supply than demand. The law of supply and demand describes the changes in the price of a product due to having more supply that circulates in the market.

The reason why producers continue to create low quality products is because people still purchase those kinds of products. It is a cycle that no one can prevent. As long as there is a demand, people will always find a way to make a profit out of it. Even if it's a low-quality product, as long as it is cheap, people will still buy it.

I'm guessing that OP must come from a wealthy family or is very rich that he doesn't understand that because he has and sees food, clothes and luxury items in abundance, that there are millions of people who don't have food to eat, clothes to wear, not to talk of the privilege of owning luxury items. For his information people still buy second hand clothes, cars, household items and they're grateful for it, so having these things in abundance shouldn't make anybody to feel that life is that rosy everywhere.

This is the mindset of some people who are brought up in a palace, they think that life is a bed of roses, they should go to the other side of town and see what hard life is about.

Traditional economic principles dictate that when there is an oversupply, prices should fall; nevertheless, the current surplus has a practical challenge-finding room for these things. This issue extends beyond tangible items to encompass fancy automobiles and even gourmet meals, resulting in an unexpected abundance. The imminent likelihood of interest rate decreases adds another dimension to the complicated issue as we navigate this age of excess, perhaps worsening the task of managing and disposing of the surplus.

Ok, I got your point, which is we should not overbuy anything, just like we do in trading when we are newbies, we overbuy a token in the hope of gaining more profits but end up losing more. Same like that we should never overbought either its clothes, phones, laptops, or any other daily life accessory. I have a phone but my mind saying to me to buy another one while there is no need for it, I have enough clothes but I desire to buy more, the same goes for every other product that we use in daily life.

But, I control that feeling by investing that money into some other token or asset, Mostly in crypto. that's how I save my money from wasting it. This won't work for everybody so find your solution on your own.

But what I did not get is this:
I mean when the rates are lowering, means decrementing, mean decreasing, the price does fall, I mean that's an obvious thing,

And the problem is that there are still people who impose their will just because of prestige or envy of others. Where these people are economically and financially far from stable, even to fulfill their needs and desires, they have to take out loans.

"Difficult economy, elite style" are the words that are appropriate to describe them. And in the end, this practice will only make them miserable.

And departing from this, then never even try to compare what we have with what others have, because everyone has their own limits. Someone who is wealthy can buy a luxury car and can also buy expensive things. Because they have a large income, so it is not a problem. But when we force ourselves to do the same, then this will only torment ourselves because the income we get does not match what we want. So the main thing is not high prestige, but high income.

The world is full of things but there are different type of individual some of them cannot afford to buy these things or on the other hand there are some people who have excessive number of these materials than their use. All individuals are not of a similar status so their uses and necessitated are also different.

World is full of these things but people are also using these things abundantly like if we talk about luxuries so people who are rich utilise these things for some duration and then exchange them with new one while there are also middle class families who cannot buy new branded things so they prefer to buy used one.

it is necessary for us that if our home is full of cloths or something else which we don't need further then we should give it to needy people because there are some people who needs these materials but unfortunately they cannot afford to buy it.

Things in your basement have nothing to do with the rates of the same things in the market because you have bought them from the market and keeping them in your house now, they were brand new when you bought them but things that are bought by one person and sold to another person is called second-hand and not new, and second-handed things don't carry the same value but people, or I should say most people, especially if they have money, don't like buying things that are used or even if not used but bought by someone else from the store first.

So, a brand manufactures a specific amount of a certain product, and they know the demand for their brand and products so they price it according to that. If a brand manufactures a lot of products that are not demanded by their customers, they will be compelled to sell them cheaper so that people buy them. That's how the demand and supply rule works and not that there are a lot of things in the world so the prices should reduce.

Also, just because brands keep manufacturing new products, the prices will not decrease because there is a thing called upgrading, which means that the designs and stuff keep changing, and people don't like old ones anymore so they lose value and new ones are priced higher.

This also happens in my country, where many people always prioritize style over their basic daily needs, also they are not aware of their limited financial situation. Many young people are currently competing in style because they want to be seen by many people, maybe it's to appreciate themselves, but unfortunately there are some of them who borrow money just to buy luxurious goods for the purpose of being seen by others and maybe want to get praise from others, even though not everyone will judge it positively. There are even rich people who have a lot of money who only look sober without prioritizing style, but it is human nature where they have a prestige that makes them embarrassed maybe if they look sober.

"Difficult economy, elite style" is indeed a pat on young people today who always prioritize style in their daily lives, not a problem for me but I am confused by those who are willing to make loans just to meet the current trendy style. If they force themselves to be stylish because of the prestige that young people currently have, it will only torment them, especially financially. So I don't think they have to be prestigious or ashamed of what they have, just enjoy it, don't care what other people say.

Look at it this way, if they only produced authentic goods, not everybody would be able to afford them because the cost of producing such goods are much higher and with a higher cost of production comes higher prices.
People who buy goods that gets bad within a short period but what they can afford.
The producers are in the business to make profit and not everybody can compete with the big companies that produce the most of luxurious good. For example, not every company can produce a car like Lamborghini or Ferrari so they produce within their budget and not everybody can afford to buy Lamborghini or Ferrari so they buy what they can afford.
It's still demand and supply. If people don't buy the lower budget goods, there won't be production of those goods.

hHexcess. Bitcoin isn't just a currency; it challenges value. Supply-demand dynamics don't affect it like they do with tangible items. Instead, its deflationary model may increase its worth. Moreover, cryptocurrency may solve overproduction. Microtransactions and lower transaction fees promote a decentralized, sustainable economy. Imagine a world where instead of hoarding material goods, people invest in digital assets. This change may reduce physical storage and production, supporting a sustainable future. While our basements fill with garments, digital wallets could store value more efficiently and sustainably. Isn't it time we embraced the digital over the physical?

I don't know your problem about luxury brand but this is my answer.

Why don't you try to donate your clothes to the homeless, or open a garage sell if you want to earn money. There are plenty of options you have but you only want to complain, I guess. You can't stop people from creating what they want, they wanted to earn money like everyone does. We're all trying to survive on our daily basis so it's better to mind our own business. I get your point being an environmentalist but rich people will do whatever they want just to expand their businesses, even if it means destroying mother earth.

Apart from that, we also have to find out about the causes of the excess supply of each item that is currently needed by many people so that prices do not continue to decrease for each item that is experiencing an excess supply. Because this will make it difficult for traders to continue selling traditionally in the market, so we as a society need to find out about the causes of this so that not many traders have to go out of business because of excess supply. Because excess supply of many goods can also worsen economic growth in the country.

In terms of food going to waste, I agree with the op. It's a well-known fact and it's very shameful that that's how things are. But as for cars, a Lamborghini can't cost $50 because there's a cost of materials and the work that is put into it. Also, the prices for items that are associated with prestige can remain high because people are willing to pay more even if reasonable alternatives are available for less (iPhone is a good example of that).
Another thing to keep in my is that things are very different for people depending on their financial status and the country they live in, so oversupply, wastefulness and all that aren't prevalent everywhere.

People use things according to their means, those who can afford to buy luxury cars or those who can afford to drive luxury cars can buy luxury cars. If we think we can't afford to buy a luxury car or we can't afford to wear expensive brand clothes then there are alternatives for us. You can buy a car as you can afford it or you can buy clothes as you can afford it your freedom and no one will stop you from exercising your freedom. If you drive a relatively cheap car no one will tell you why you are driving a cheap car or if you buy cheap clothes no one will tell you why you are wearing cheap clothes it is entirely up to you. The world has both the need and demand for luxury cars as well as the need and demand for relatively less expensive cars so there is nothing to consider one less important than the other.

Well, most of the time, when someone invented something new most people think they don't need it, Internet, Blockchain, there are so many people skeptical about those, yet as the time goes by, we can't live without Internet, and now we shill blockchain. Other thing is that factory and producer don't just produce a product that people don't buy, the reason why they keep producing those suppose to be 'a product that nobody needs' is because people keep buying. And about the luxury goods, most of those luxury goods become luxury are because they are rare, if you compare the amount of those luxury product vs the non-luxury products you will realize that non-luxury product is dominating the market. Let's just say that there are 1 Lambo for every 20-50 Toyota Cars maybe more.

Indeed, many people are too skeptical of new things, even they have not used it.
In context, when we refer to a new technology like Blockchain, it looks strange and people don't understand Blockchain enough.

Blockchain or some new technology in crypto is bad news for those who don't like freedom.
Even the government will not be too supportive with decentralization.

But over time all of that will be needed and used as new ideas to develop and build new projects.
Now things that are not really needed finally become a starter that will give birth to many new projects.

It is the circle of friends that makes them like that, where they proudly show off their parents' gifts and wealth, while not having the ability to earn any money, they can only ask.

But that doesn't mean I forbid someone who is financially incapable of being friends with someone who is rich. because even without my prohibiting it, this has formed by itself where the rich only hang out with the rich and the poor can only hang out with the poor. Social inequality is what makes this situation happen.

And in fact, if you think about it, having high prestige is not a problem, because this can be a motivation and can encourage someone to work harder and increase their income so that they can get what they want. However, what happens to young people today is that they prioritize style, even though they don't have income. And in the end, to be able to fulfill his lifestyle, he pestered his parents to buy him what he wanted and told his parents to work harder, so that their child's wishes could be fulfilled.

That’s how the world is structured, someone buys, and someone sells. The financial system is designed in such a way that people have to work and produce goods and services, and this is basically what economics is, and I also forgot about taxes, where would we be without them.  I agree about garbage, in developed countries they are effectively fighting it, whereas in other countries they only talk about it and do almost nothing about it.

The real biggest issue is that one item that could be so much cheaper and could be accessed by people could be not manufactured enough to jack up the prices in order to make more profit. That's a moral and ethical issue but not illegal neither. Let's take a drug for example, if a company produces 100 million of it each month, and sell it for 1 dollar, they make 100 million dollars a month, but if they produce just 10 million, and sell it for 50 bucks, they do make 500 million instead.

This is how pharma companies work, they want to make sure that the yare not producing a lot of it, so that people would not buy it in bulk, sure there are simple drugs like parol that would be made like that, but I mean very important ones.

In this life there are always things that someone needs and there are also people who make them to sell and this will continue in such a way and there are always taxes that must be paid by everyone so that the government system can run well, in terms of waste there are some countries that can manage it well so that it becomes a valuable item for sale, there are others that cannot process it so that it becomes a pile of useless trash and is destroyed.

I understand what OP is saying, but I believe OP has not done research about poor people who need too many items that are no longer used, clothes or food. If you have these things, it would be great if you give them to the poor people around you, if you don't have any, you can find out about it. I'm pretty sure that there are quite a lot of people out there who don't have that. If you feel that you will never use them again, you can find someone else who is ready to use these items every day. Even though there are too many luxury items available, if you don't need them, then you can give other people the opportunity to experience the luxury items you have. If it's not in your area, then try looking in another area.

There is nothing wrong if they ask their parents, but it would be better if they authorize it themselves if they themselves want something to be stylish in front of their friends, because I myself am embarrassed if they are stylish with the results of asking parents. like asking for a two-wheeled vehicle or gadged which is currently their main requirement so as not to be embarrassed when gathering with their circle of friends. You're right, the cycle of degrees of friendship is self-perpetuating, and as you say it's a given in the circle of friends.

What you said is very true in my circle, where many children insist on asking their parents, to the point that some dare to yell at their parents to buy the things they want, even though they know that they are not a wealthy family who can point to something and immediately buy it. They don't realize how difficult it is to find money nowadays, and that many people take out loans to fulfill their basic daily needs, and this is inherent in the environment of the young people around me. They should realize that their financial situation is limited. So don't force your parents to fulfill the style that you want if it is clear that you are financially limited.

in developing countries to poor countries that have large populations and still have problems processing waste, of course it is a serious problem, even expensive items can become waste for people who don't need them but can be useful for those who can use them. Therefore, the mentality of society and the government must work together to be able to educate and turn waste into jewels

I get the plight that you have OP, maybe the reason why we all have these so-called "useless" stuff in this world is probably because our species is an innovator and we are trying to create a perfect life and so we end up having to spend this time creating stuff that we believe is essential until another one builds the same thing but has a different name and have a minor difference in function. Another thing that I believe is making us think this way and how we're creating stuff we don't need is because our brain can't or is programmed in a way that we can't stop doing something or that we can never feel boredom so we have to continuously think and innovate or maybe it's just capitalism in full working order.

This is a biased statement, I really don't believe there is this so called people having too much of what they don't need when in the first place are the very people putting in the work to get what they want and probably these items accumulated over the years and not in a blink of an eye!
Besides things like closes, electronics etc are usually given out free of charge but the people receiving this end up selling this and the cycle goes on and on and who do you blame for losing interest to give out the extras ???

It's honestly not fair to judge others when they too have made an effort to give the extras to someone they thought needed the items the most but the enduser monetized this  venture

There is nothing wrong with a child asking their parents for what they want. But a child must also see the conditions and abilities of his parents. If the parent is only a factory worker, yes, don't ask for something that he or she is unable to grant the request. Like asking for the latest motorcycle, where the price of the motorcycle is equivalent to 2-3 years of his parents' salary. And I know very well when a father cannot grant what his children want, their hearts are very sad. Because let alone to grant what their children want, to be able to fulfill their daily needs as well as for their children's school fees, has become a very difficult thing to fulfill completely.

So I emphasize that as a child, we should not ask for something that is beyond our parents' ability.


Don't call me "Sir" because I don't have children and a family yet. And I am also just like other young people who want to live in luxury and with high prestige. but I try to turn that as motivation so that I can work even harder, so that I can prove to people that I can also get what they get. and plus there is one saying that is enough to motivate me to move even further and fly even higher and that saying is "When you are born from a poor family, then make sure that your offspring will be born from a family that is capable"

Indeed, life is like that and sometimes we are not selective in choosing. Always the priority is quantity, not quality. just like investing in crypto, you already know that BTC has the potential to add more to your collection of Altcoins.


That's absolutely right and if we understand it, we must have a main goal from now on, namely continuing to work and be strong so that our grandchildren and descendants will become the grandchildren of rich people. not only the wealth of knowledge and religion, even though we are not the descendants of rich people now.
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Yup, everyone is working hard to sustain their family and entire life and the things they purchase is their needs and wants so it's absolutely important to them, In fact they use their own money just to buy the things that they really want to have and there's nothing wrong with that. Most of the time, even those in the lower/middle class family, they have enough fund for their leisure which is we all know that it is not considered as essentials in life, but for me, if a person has a capability to do everything regardless their financial status, then let them be and don't judge them.

If you have too many that doesn't mean others too have too many, we have those that have nothing to wear or can barely afford to buy new clothes. Do some googling and you'll see people suffering in third world countries. You can do some charity for them if you have too many. We have foundation that you can donate to and they'll send them to those in need of them. The world isn't full of things that people don't need, the problem is that people need them but there isn't adequate means to send those things to those in need of them for free.

When I was younger my mum always take all our old clothes during the festive period and send them to donations centers where people in need of clothes can come get them. You can do the same and if there isn't any in your local area, you can set up one yourself and people will be happy to support the Idea. People are getting born more than people dieing so there'll always be need of more things on earth starting from clothes to food and other necessary things and wants.

Speaking about the luxury items, they're not made for everyone but for those that can afford them and there isn't enough, because we have those that wish to wear or own those luxurious items but can't afford them. I think more should be created in a more affordable package and they'll get more users wanting them.

Companies continually release new products, often in limited quantities, as a tactic that deliberately exploits our desire for exclusivity and a sense of belonging. However, it is important that we, as consumers, finally have the power to break this cycle.

The responsibility lies not only with companies but also with our own choices and priorities. By being aware of the difference between needs and wants, we can avoid getting caught up in a culture of instant gratification and impulse purchases. This new awareness empowers us to make conscious decisions that align with our values ​​and financial goals.

Instead of following trends and blindly pursuing the latest items, we can choose to pursue a more minimalist lifestyle. This doesn't necessarily mean living in poverty, but rather being conscious of your consumption habits and prioritizing experiences over material possessions.

The most luxurious things or i would say finer thangs are in less quantity and only those who are capable of buying them can afford them. The cars, the clothes, chains and houses are not pretty much everywhere. Most of these things are bought by music artist, footballers or sports men and women in general, high business owners and most of all men in the technological system. Perhaps where you from you see little things as luxurious things because you mentioned lambo. But in US lambos are cars that can be afforded by local business owners who are successful in their business. There are more expensive cars like Rose Royce, Pagani Hera and so many other brands in cars that s many person cannot afford and they are limited in supply.

Also, if you come to talk about cloth brands there are luxurious clothes brand that only the rich can afford and most of those clothes are customized for the. Many people were clothes tagged Gucci, Dior, Fendi and all that but sincerely they are not the real original wears. When you see the original one you will know and they are not plenty but few for those who can afford it.

yes you are right, if they are children who have a good mind then they will not ask for high-value things like motorcycles and cell phones. because their parents' income is only enough to meet the basic needs of daily life, then they cannot ask for things that are difficult for their parents to buy. as children, of course, we must understand the conditions of our parents, even better we can help financially, by looking for side jobs that clearly must produce.

although there are children who do not know themselves, by insisting on buying the latest motorcycle or cellphone, and have a high price value. and this is not natural, especially if they force their parents, because after all they should understand the limited family circumstances.

hahaha sorry, I didn't mean it like that. don't take it to heart my friend.
Well it's good that young people have thoughts like yours, if they really have the desire or willingness, they should also have a sense of desire to work, because to get something, especially to be stylish, of course, you have to have enough money and I think it's better that we ourselves make money for what we want. I myself apply the principle of "effort will not betray results", and this has been proven by myself, where I can buy the motorbike I want with the money from my own sweat without any parental intervention. and I myself am also proud of this little thing.

If we talk about knowledge, of course this is something that is very valuable for us to pass on to our children and grandchildren. Because if we only pass on wealth, it will not last because it will end. and if you only inherit wealth, but not knowledge. believe that the wealth you give to your children and grandchildren will be used up in a very short time. Because they don't know how to manage their finances well.

And to answer this question, there is a saying that says, "When you give something to other people, make it a habit to never give them the fish, but give them their fishing poles. So that they also know how to get fish. Because if you only give them the fish, then when the fish is finished, he will come back to ask you for fish."
The same thing we have to do with our children, so that they don't become spoiled, never give them money for nothing. But give them a job or start a business, so that they also get used to it and know how to earn money. But in quotation marks our child is quite mature... yes.

You should not include luxury items in these stuff. Their value is not based on how much is there of it in the market, nor with the amount of demand that people have over these products. Their value depends on how the world perceives them, which includes a lot of marketing and PR and less about the craftsmanship.

The law of supply and demand does not account for luxury items, keep that in mind. And even if it does, it still would apply since at the end of the day, there's only a few of these in circulation, and every single fuckwad on the planet wishes they own at least one of these lambos, versace, gucci, or whatever the fuck expensive bs they have on the market nowadays, and since the law of supply and demand implies that lower supply pushes for larger demand and therefore higher price, you get these luxury items being this expensive. Read a goddamn economics book.

I think life is all about choice, despite the world is full of junk according to you. I think it's not a must to have them. Every thing produce in the market is useful perhaps not to every one. When yo don't have money or when we are not rich we criticize things we can't afford. But when we are super rich we think of having them all.  Despite the world is full of things we don't want according to you. We still need to embrace technology. Because this advancement in technology is the reason you were able to afford the type of phone you are using now.

Let take for example iPhone 4 was expensive when it came to the market and now upgraded to 14pro max, and not everyone would have been able to purchase it if the price was stucked uptill date. But due to the upgrade from time to time, the price of the previous becomes cheap and affordable. And many where able to afford it. If there were no innovation on steady basis how on Earth would you have affordable the type of things you have achieved today? I think civilization is making us to achieve things we can afford. So I think civilization and creativity is giving us room to benefit things we can't afford.

There will always be a luxury market for the 1% super rich people of the world. It doesn't matter who holds the cash, because if one person losses it someone else will gain it and take his place spending it. Supply and demand don’t really work for the billionaires of the world, because they want to be different from everybody else. There are limited amounts of Lamborghinis or Ferrari in the world, some models are even only produced in very small numbers. This gives a lot of prestige to the owner of the cars, because everybody knows how expensive they are and you can't afford them from a normal salary. Same goes for the clothes the rich people like to wear. The quality of a T-Shirt or Short will never justify a price of 2,000 USD, but showing a logo to everybody else from such a special brand makes it worth it. Luxury items are never going to be for the masses and we should be fine with it. If you had millions in your bank account and don't care about money anymore, wouldn't also buy the fanciest items in the world? You got to somehow spend your money after setting up your family for life.

Everyone who works to be able to earn income to meet their family's needs and also their desires to be fulfilled, of course there is nothing wrong with them spending their money on their desires because they have worked so it is natural for them to enjoy the results of their hard work, yes we can't judging someone about the use of their income, of course they have thought carefully about what they are doing for themselves.

Precisely! Who doesn't want to buy things they want for their self or family? all of us are working here to achieve everything that we want that's why I don't see anything wrong in purchasing things even if it's not essentials, as long as it gives us a happiness and fullfillment, i will consider it as important things to my life.

As you say it's about meeting satisfaction and the OP can't be a great measure of how each individual interests differ from what is needed.  The OP goal may be to make people more aware of unnecessary  purchases but that doesn't mean every item name will be put  on the trash list. This is only an option if you want to buy it and if not please throw  it in the trash.  Actually it's not complicated  people already know and OP doesn't provide any solutions Satisfaction, hobbies even just  eliminating  curiosity.

  If you think you don't have it anymore, maybe just have a garage sale, so at least you can still use what you want to sell where you want to use it. Or the other option is to give it to charities or people in need that you think will benefit from it.

  Apart from charity, there are NGOs, foundations, and others that you think can really help, rather than not being of any use, right? Besides, it's also a luxury because that's only for people in the middle class.

That's the sad truth, we buy stuff that we want and not what we need so we end up with all of this stuff piling up and at the end of the day, these stuff ends up owning us, you know like that one Fight Club quote about consumerism. Maybe our species is just a ball of hungry beast that craves something new everyday so we just do something about it and sate our desires. It's not the end for us even if this world is so rife of consumerism and greed, if we learn how to live modestly and fulfilling, we will eventually learn how to not be owned by the stuff we desire and have, living a life of being happy with what you have is the ultimate goal, at least for me.

Yes, there's nothing wrong but most of the time, we always get an excess and we end up with nothing but those desires. To balance this kind of stuff, the responsibility to others and to yourself, you should learn the ability to prioritize and decide on stuff that matters the most. Prioritizing spending on those that will guarantee the survival of more people is the most moral choice to do.

How someone spends their money is their business, your judgment should be kept to yourself or if you're the kind that can't shut up then talk about it with the others and not with the person because whatever they do with their money, we can't really know the story behind the why unless they tell us.

I believe that branded clothing and luxury cars are in completely different price (product) categories and it is wrong to compare them. There are a lot of luxury cars produced, but not many people can buy them, unlike branded clothing.

What prices could fall? For luxury cars? You're daydreaming.

How to where? It will sell out. At the very least, at a discount.

There are plenty of luxury cars in the world, but there are still fewer of them than production cars. Therefore, these Luxury cars will cost more.

50Usd? I would believe it if you quoted 5BTC.

50Usd for a Lambo or even free? - you're crazy. This will never happen (given the current economic situation in the world). It's only in a post-apocalyptic world that Lambos won't cost anything.

Are you another one of those who knows the real secret and decided to generously share with us?

We live in a consumer society (under capitalism) and that is why so many goods are produced. This is in its own way the other side of all this.

It's part of a larger worry about excess production, which can lead to a saturation of commodities that exceeds real need. While technical developments make luxury things and apparel more accessible throughout time, overproduction creates a surplus that exceeds individual purchasing power. It is not a matter of criticizing what we cannot afford; rather, it is a systemic issue of controlling surplus supply and its environmental and societal effects. To combat the excess of commodities, adopting technology should be aligned with sustainable behaviors.

yes that's right, everyone has to work to fulfill their desires and support their families, people who work must have desires in their lives because of that they work. the daily life that must be fulfilled is certain, therefore many people are looking for work. with the desires that exist in them lead them to have to work, although there may be people who have desires only have to talk to their parents and their parents can buy what they want because they have wealth. but in my opinion even though someone has rich parents, there is nothing wrong with them working because basically they will have their own responsibilities later such as, personal family, wife and children. it is impossible for them to always depend on their rich parents. But in my opinion even if someone has rich parents, there is nothing wrong with them working because basically they will have their own responsibilities later such as, personal family, wife and children. there is no way they should always depend on their rich parents.

people who have a good mindset, they will work with good goals, where they will use their monthly income for needs that they definitely need not want. because there are people who always prioritize their wants over their needs, so they buy something of high value even though it is not very important and not really needed. so if they work, they should also be able to think about their needs, which are definitely things that need to be fulfilled every day.

This isn't anything new op. Humans usually buy more than they need for various reasons and this will never change. Some people smartly purchase and use stuff that they really need though they are part of the minority.

The majority buy all sorts of stuff that they hardly use. The biggest con due to all this is the negative effect on our beautiful planet sadly.

Actually the money created today includes branded items that do have prices beyond reason or foods that seem strange, not that it is useless, it's just that we are not too suitable for it.
We need to realize that we as humans are very dependent on something and we will not be satisfied with the needs we have so that we create new innovation even though they seem strange.
It doesnt mean that good that we think are useless are not useful for others as well,such as the expensive brands that you talked about earlier, it does not mean that they are useless but we cannot afford to follow them because they are beyond the reach of our strength, but for those who dont think about anything in purchasing and dont even see the price, it has a use because the expensive brand has its own market.
So who is wrong in this case? Is it really the highpriced goods that are wrong? of course not,it is we who are wrong who make the mistake of not doing what we are capable of doing so that we become depressed by it. 

Everyone in the world really needs to take care of all this in order to avoid "garbage" that pollutes, a glance at the economy, of course, to maintain the world economy, the resilience of people's purchasing power is really needed, so often goods are not actually needed for humans, it is mass-produced to keep the economic cycle solid, and just imagine how much damage and unemployment will arise if the production of goods or goods stops, let the world continue as it is now, trying to stop it will only drain your mind.

Have this mindset - buy when you need it, not because you can afford it. In essence, humans are never satisfied and their lust will continue to peak when they have the ability to buy anything. On the one hand - producers produce whatever because of market demand. They know there will be demand even if they have to compete fiercely.

I once read something somewhere about the number of cars a Sultan of Brunei owns - it's 7000 and that's a really unnecessary waste. Read on this: (https://en.wikipedia.org/wiki/Car_collection_of_the_29th_Sultan_of_Brunei)

It's evident that addressing overproduction requires a multifaceted approach involving changes in individual behavior, industry practices, and policy frameworks. By fostering a collective awareness and commitment to sustainable practices, we can work towards a more balanced and responsible consumption pattern.

We are a society of consumers, advertising affects everyone equally, you see something, they convince you that you need it and now you want to buy it. Not long ago I watched a film, if I’m not mistaken, it’s called Things, but I could be wrong, it really reveals the essence of our society and in fact we can do without most of these unnecessary things that we constantly buy. Old unnecessary things can be given to those who need it more, or sold, but they should not be stored unnecessarily.

Prices of goods in this world don't completely work like supply and demand. There might be a high demand, high supply and prices can still be super high because of agreements between business owners or because of monopoly.

Yes, the oil price was in minus which means oil producers were paying money buyers to get rid of it, this was the first case in history as far as I know. To sum up, sellers had to pay -$37.63 per barrel just to get rid of it. If we follow logic, car owners should be getting money to fill their tank with fuel but that didn't happen, we were paying money to fill the tanks of our cars.

I agree with your opinion that clothes or similar things are no longer used, it's better to just donate them to NGOs or people who still need them. There are many ways to help those in need. Additionally I think solidarity and caring might help to build a better society.

That's right, the purpose of working is to fulfill the needs in life and grant every what we want one of them from the type of goods as you mentioned. It doesn't matter if you can afford it, but one thing that might be a pretty good suggestion is that even though you've earned a lot of money as a result of the work you do but on the other hand I don't think excessive things like that are recommended to always do.

There are times when you give yourself pleasure as an appreciation and a sign of gratitude for all the struggles you have done, but on the other hand management for a balance must be considered and needs to be done. This means that you must really make a limit to buy something that is not too important and not really needed and you better save some money that is not used, because obviously everyone must have or will experience situations and conditions that are quite urgent in his life, so this method is really effective to do as a preventive measure. Another thing is that we must understand that wants and needs are different, especially wants which usually will never have a limit because you will always see new things in life that can always interest you.

What I think in this case is that we expect too much of ourselves by expecting habits and spending according to what we want but can't do it which makes us stressed because we can't keep up with it.
Expensive goods or indeed new innovations that occur from gadgets, fashion or other transformation tools are ways for the market to provide the services needed by consumers. But apart from that, of course, we know that every manufacturer focuses on certain markets and classes, some are in the lower class (standard) middle class and upper class which are usually in demand by socialites and billionaires.
Everything has its own market, its just that we dont look at ourselves to be in which class that makes this not fit with the thoughts that don't really match what is happening, for example, looking at a bag that costs even more than the price of a regular car or looking at the fashion that could even buy several dozen for the usual price. it doesn't mean it's useless because for those in the upper class (billionaires and socialites) don't care about the price, the most important thing is that their desires and their desires are well fulfilled.

I totally agree with you. We have bocome a society of consumers, in a sense, we are made to buy things that have no essetial values to our life. Your reflection on our consumer society and the impact of advertising resonates with a broader societal observation. The influence of advertising on our desires and purchasing decisions is sinking in modern life. Many of the things we acquire may be unnecessary, because we could live without them, This raises an important point about mindful consumption.

I like your suggestion of redistributing old and unnecessary items to those in need or selling them, because it aligns with the idea of reducing waste and promoting sustainability. That encourages a more thoughtful and intentional approach to consumption, emphasizing the importance of distinguishing between genuine needs and the influence of external stimuli. It's a reflection that reminds people of considering the impact of their choices not only on their lives but also on the broader community and the environment.

It is why we must concentrate ourselves not only on earning more, we also need to concentrate on consuming less, if you can limit your consumption and avoid wasting your money in stuff you do not want or need, you will soon realize the amount of money you earn right now can be more than enough to sustain your new lifestyle.

So suddenly you do not have to make as much money as you thought you needed to make, and this could allow you to save more money and invest it in a market like this one, which ironically it could allow you to generate the income you thought you needed.

Your view on spending and being financially independent is surprisingly honest. We feel stuck on a hamster wheel because no matter how much we earn, we spend it all. Does that mean we can get off that wheel? Think about how much peace and control we'll feel when we stop buying things we don't need. It gives you strength, doesn't it? We are not only saving money when we choose where it goes, but we are also saying something about our ideals and priorities. Doesn't that seem like a deep way to live?

But this is where things get really interesting: investing our cash. You're hinting at a big change from idle income to making money yourself. Putting money away isn't enough; you need to grow it too. Realistically, though, investing isn't easy. Stick with it, have some nerve, and be very patient. Are we ready to take on this challenge? Can we learn, take smart risks, and stick to our plans even when the market tests them? Not only are we trying to make money, but we're also trying to learn how to be financially independent. Do you want to play?

It means:

• you cannot control your desires.
• local traditions (as if) require you to buy things you shouldn't buy.

In general, it's just a matter of mindset, I remember the famous quote "wealth can change lifestyle". I mean, this isn't just about the people on Forbes' top 1000 richest list. The formula of life is changing, as one easily accesses information to the "keys" to becoming rich, every day we have several new rich people with hundreds of their desires. This parameter is the reason why these luxurious and useless products will not stop increasing.

What does the Federal Reserve have to do with this? The greed of people, the desire to show yourself "higher" than you are, to "be above the crowd", to consider yourself "elite" - this is a small list of those HUMAN traits that created this market and generated these goods ! In ancient times people dressed themselves in gold, sat on a golden throne, harnessed their horses with golden harness, and decorated their houses with precious stones - not because it is beautiful, but because the only option to exalt themselves above others and show "I am rich - and you are all poor". That's human nature. It's unpleasant to realize, but it's a fact, and we have only ourselves to blame....

  Spending our money is normal; what is not normal is that we spend our money earned in the wrong way, and it only goes on meaningless things. Because the concentration must always be right for the end result to be good.

  There is probably no one in this age group who doesn't spend everything, right? Even poor people spend money, to be honest. The only important thing is that we spend what we deserve and only what will help our family.

That's right, in general and usually people only concentrate on earning more because they want to get freedom in terms of allocating the money they earn, it's not wrong because after all it's money from their own hard work, but on the other hand life will not always be like that and will not always give you good situations and conditions, there are some circumstances that can make you quite bad especially in financial matters such as emergencies that always cannot be fully predicted. So management is very important and must be done one of them such as limiting consumption for things that you don't really need.

Gratitude in every situation and condition is the main key, someone who can apply a feeling of gratitude will always feel enough in any condition in his life by allocating the money you make to something that you really need in your life and a little get rid of some desires that are basically unnecessary and not too important. And of course it is better to use or allocate the money to something that is useful or has the potential to provide development on the money you put like maybe investment or other things, of course, that you trust and that can provide benefits.

This is just the nature of humans. The human wants and desires are just insatiable.  The more our finances increase, the more we tend to acquire things, most times these things we acquire are things we do not necessarily need. Most times these things are acquired to boost our self esteem and make us feel important in the society, once the purpose for which we acquire them elapses, we dump them.


Earning more means increasing your purchasing power. What is the essence of earning if not to satisfy at least a good number of your numerous insatiable wants/desires? This is the human nature and limiting consumption just to save money will only make us unsatisfied. If you have the purchasing power and can afford what you desire, you go on with it, that is the fun of working hard. Commodities which are no longer needed can be recycled, resold or given out to those who need them more than you do.

You know, this just remind me of one of the famous qoute of Mahatma Gandi that "there's enough for our basic needs but not for our greed". I can attribute Op situation to greediness because there's no point buying more when you already have enough to the extent that you lack where to store the new ones. Of course, we need to satisfy our desires if need be but giving out the old ones to people that need them is not a bad idea. You can not compare the population of less privilege people and influential people on earth and you can easily reach out to them to donate the old stuffs and acquire new ones. You don't necessarily have to hoard the old and new stuffs in your stores and come here to ask companies to cut price or halt production.


Do people spend money in the wrong way? I don't think so because it depends on each individual's perspective. You spend the money on your own way which is okay to you but it might not be okay to me but I think we have less to say over such issue because we can not tell people how to spend their money because they work for it. However, some people need to be schooled on financial discipline because it's insane how they spend uncontrollably. Anything that has to do with finance is very complicated thou.

The designer shirts are nothing special from other shirts, the brand's logo hikes the price. The rich people wear those shirts to prove they have sufficient money to waste on cheap clothes, sold for a high amount due to the designer's name. In a few months, the clothe gets disposed of as rag. So, no special meaning in wearing those expensive clothes, if not to show off. Celebrities wear it for the music video business. While the super-rich don't patronize such clothes, they easily wear easy-looking clothes. Like the world's richest men, they also appear in cooperate wear to business meetings. Only the luxurious social media influencers wear expensive designers to help promote their page and that of the designer's shop. Other people who spend many luxurious items are the kids of rich men like Op said. But, in most cases, the super-rich rarely go broke to the extent of not falling back rich; their generation being homeless. It never takes a single year to be in the circle or family of 1%, the money is very old and can't diminish without any significant reason.

Take for instance, Big Paul, from the Castellano Family, he happened to be super rich and lived in the most expensive neighborhood in America. He continued his Father's meat butcher business and built more wealth through it. Such people didn't pass any financial disputes, as kids till adulthood.

For that single act, nothing is money to similar people who grew up in such families. They'll easily buy the most expensive cars, houses, and clothes. But, those who didn't grow up wealthy, but ended up rich. Don't easily spend lots of money on fancy things, like their kids would. Another people who spend lots of money on purchasing expensive things are the middle class people claiming to be rich. And, sooner they get poorer, leaving their kids, with no business, property, or job opportunity. Hence, they'll end up homeless like Op said. I think he's referring to the kids of this type of middle-class men.

As long as there is still lust, there is no satisfaction in humans. Luxury cars and other branded goods are certainly not a necessity, those who have above average wealth can buy these goods because they want to fulfill their desires because they are supported by an abundance of money. Try doing a survey around where you live, most of them will answer your question with almost the same answer, if they have the financial ability they will buy luxury cars, houses like palaces and other luxury items.
This is a reality, you cannot get out of desire if it is supported by finances.

Had a hard time understanding the whole post. But if I understand it correctly, you mean to say is that "what's the point of producing thousands of products when people don't need too much?" Okay I get it. But you've said it yourself, you buy clothes every Christmas, that you have nowhere to place all your other clothes at home. But that is already your problem. Not the brands and the producers. Cause that's definitely the reason why these brands still produces more and more product regardless if it's expensive. Because people will still buy them even if they don't need it or even if they still have other stuff they can use.

You think that the producers are the problem here because they keep on producing thousands of same items. But it's not really like that. You just think that there's a low demand but in reality, there's a high demand. They're a business aiming for a profit. Why would they produce too many products if there are no people who are willing to buy it? It'll be a loss for them. But instead, you'll see theses businesses growing, since people are buying their items.

From the op topic" the world is full of things what nobody needs" the first thing that came to my mind is any one really forcing you to buy those things. The problem comes from consumers and not the producers they're earning money with the sells of goods, clothes etc so we can't stop them, if everyone can learn to buy what they need and not want, I think there's no problem.
The rate at which people complain about the price of foods and currently now people complaining the price of clothes etc, buying an expensive cloth is nice but if buying those clothes can cause financial problem it's best not to buy them, let's focus more on what we need and consider if buying what we desire will be of help first. From the topic people are yet to experience and live a better life so the world still need those things, the idea of sharing old stuffs sounds nice if you think your property are just too many give them out to those in need.

I agree that the world has a lot of things manufactured by thousands of branded and unbranded products we don't really need but that was just a part of the supply and demand. We consumers has the right to choose in every product we wanted to buy even if we don't need them. Greed was one of many factors that affects this kind of event. But this don't work on me personally because I only buy what I need rather than I wanted.

That's good, just like me who buys what is needed instead of what is wanted, because what is needed has a more important role than what is wanted. And some people also that I know, there are those who buy things that are wanted not needed. Like easy children now, where they work to fulfill their lifestyle, especially in vehicles and gadgets. Where young people are more concerned with these two things because this is a requirement for them to go hang out or gather with their friends. Because the circle of friends is also currently becoming luxurious following the development of technology. It is not wrong to buy what you want while you have your own income, but overdoing it is not good for you.

I think they do this because of the prestige that exists in themselves, where they buy branded and high-value goods because of the demands of the living environment and technological developments as well as the prestige that may exist in themselves.

We dont hope for any emergencies but these are actually inevitable things, you might be experiencing that lavish life for not but you dont know on when crisis do hits up hard on which it would really be that making you
put up on a situation on which it would really be that so hard to cope up with just because you had missed out on making up some savings earlier because you arent thinking on having that one when you are still
on a condition on which you do really have the money. This is the most common behavior on someone who do have still the money and really that confident that they could still generate until the end of time without
even trying to assume out those possible things that could happen along the way. They would really be just mindful on doing things on the time that they are already experiencing struggles.

There's no such thing about being permanent into this world and this is why it would really be always recommended that you should really be that mindful on the actions that you are making.
Making up some back up plans and those advanced thinking on making yourself that get prepared whenever problem or issues do hits up. There's no assurance that
we wont really be able to encounter that, this is why we should really be that wise.

Exactly, and that desire of every person with money to show others that they are superior is the reason why these trends and styles and everything change very often because every other person who is wealthy demands to best thing, and they want everything to be new and only just for them, they make such demands and companies and brands go ahead and create new designs, old ones become old-fashioned and outdated and this is how things keep piling up while new things keep coming in the markets.

So, it's not just about needs every time, needs are for people who don't have anything, but for people that have everything, more than they need, they only have desires and wants and no needs. They want new trends and new things, no matter how expensive, they should just be unique and only for them.

Well, let them buy it for themselves! They don’t force anyone to buy them, they don’t include their price in goods for the not-so-rich, and they don’t prohibit the production of goods for people with other incomes? What's the problem then? :)
Well, people want to waste money thoughtlessly on things that are not really worth their price - please, it’s their money, and they can do whatever they want with it - light a fireplace or buy “unique” things! As they say - everyone goes crazy in their own way :)

Regarding unreasonable consumption, I will tell you a more unpleasant information - the middle class buys food products that are then thrown away, in amounts that are thousands of times higher than the cost of goods from the area of “exclusive luxury”... despite the fact that there is a real problem with food in the world .

Whoever has used things in the house or things considered outdated for them should let them out to those families that they are better than, take them to the orphanage, NGOs to distribute to the needy and not to keep clustering them in their homes, wasting them while there are people needing them, that is not wise because the economy is hard and some families can't really meet up to their daily needs and they need support from others.

This is the end of the year and it is wise to give out in appreciation of what God has been doing in health and prosperity. So is really a time to give and not to waste what we don't need.

Of course you say sensible things, but it's human nature to keep a stockpile just in case. And since there are a lot of such cases, there are a lot of stocks. To store such stocks, they build closets where things lie for years and decades - and no one touches them. That's true of most

There is no end to human needs.  Well the world is full of everything but this fullness is much less than human needs.  Human needs are only increasing day by day.  Maybe now the brands that are in a very good stage will decrease in demand, then maybe people's attraction towards a new brand will increase. And this will continue forever.  If the world was complete then the invention of new things would have ended long ago.  This post doesn't make much sense to me.

that's right, everyone has the right to choose what they want or what they want. most people today that I know, especially young people, many of them force themselves to buy branded goods that have a high price value, and most of them are still in school and who do not have a job, this encourages them to be able to have high value goods because along with the development of technology also leads all young people to live in luxury such as from vehicles and especially in gadgets, many young people force themselves to be able to have luxury goods such as vehicles and gadgets. unfortunately many of them ask their parents to be able to fulfill their desires while their parents are only ordinary workers with enough income to meet their needs.

Unfortunately, many of them ask their parents, and this is certainly not good, because there are children who ask their parents to be able to fulfill their desires while their parents are only ordinary workers with enough income for their needs, and what makes me odd is that they ask for it by force, even though they should be aware of their family's financial situation. So in my opinion, don't push what you want, it's better to prioritize what you need.

Well, its definitely better to live in abundance of everything than live in lack and want, would it have been better when you need something, and you can't have it at that time you need it simply because it's short of supply, and you have to wait in line with probably millions or other persons for the next set of that thing or product to be produced or manufactured? I guess you will not Want that.

And again, imagine that right now that we seem to have alot of things or stuffs in abundance, yet, they are all expensive to afford, now, imagine when those things becomes short of supply, do you think very many of us will be able to afford to buy any of those stuffs? I guess you no the answer.

So, for me, I say it again that, it's better we live in abundance, over supply of what ever we want or need, than live in shortage of supply.