How Inflation Is Raising Standards for Having Fun | WSJ Your Money Briefing

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WSJ Podcasts

WSJ Podcasts

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@hummersd
@hummersd Жыл бұрын
A doubling of the price of a musical festival over a decade doesn't seem unreasonable, but yes, it does depend on how much satisfaction that experience provides to that individual spending the money. Over time, your priorities change, but also the environment in which you experience it. Example, I got to see Adele right after her first Grammy awards at House of Blues for I believe $25. The concert right after her second album came out was $35. Not reducing the worth of the concerts as I would've paid a lot more at that time, but looking at the price of her concerts now, the price-to-enjoyment ratio has changed because people are singing along with her every song (and not very well), and I'm not paying to hear the audience sing, I'm there to hear her. Sure, it's a communal experience, and she's clearly okay with it, but that's not okay with me, so I'll just enjoy her albums on my own. I'm now attending concerts of those artists whom I believe to be up and coming for that low price again, and that experience is unforgettable -- the same quality I see in Adele, but before the large venues and sing-along audiences.
@Zero11_ss
@Zero11_ss Жыл бұрын
I don't even go outside cuz the bus fare costs too much let alone eating out or going to an event.
@gorillashop337
@gorillashop337 Жыл бұрын
Absolutely true fee’s have increased I don’t to as many concerts any more 😮
@AC-ih7jc
@AC-ih7jc 11 ай бұрын
This could also be a factor in the recent spate of audience members throwing things AT featured performers. If you had to pay hundreds (or even thousands) that you could have spent on something else just to see an event live, and then the heavens didn’t open up because...#Reality, there's the potential to feel angry and ripped off. I'm not saying it's right or justified...just that it may be a partial explanation.
@untouchable360x
@untouchable360x Жыл бұрын
As long as cocaine doesn't go up in price, I am happy.
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