The Twenty Percent Rule

A while back, I talked about how unfair I think it is when I see people making crazy amount of profit on certain goods that they sold. To me, it has always felt like daylight robbery but for some reason, everyone decided there was nothing wrong with it and people have doing it for years now and bringing in crazy profits here and there.

_{photo by Alessandro Sacchi}

Like I said, I do not agree with it, not because I don't want people making profit on their goods, but because I feel there's a thin lie between trying to make good profits and stealing. I feel this is why nothing ever comes down in price the moment it goes up in this country, even if the reason it went up in the first place gets resolved.

Personally, if I was put in a position to solve this issue, I think I have a simple solution to it. And my solution will be to put a twenty percent rule on every goods been sold. What the twenty percent rule will be about is that for any goods bought, the trader's profit shouldn't be more than twenty percent of the capital of the goods being sold.

So what that means is that if a product was bought for 100k, the highest the trader can sell it for is 120k. Now they could sell for less than that if they want to, it all depends on the competition they have and how desperate they're to have people patronise them, but whatever they do, they can sell above the twenty percent rule, they could sell below but not above it.

The way I see it, a rule like that will bring some form of normalcy in the country again, and no one will be worried about duped by these traders and marketers like I worry. Because currently, most of these traders give you prizes based on how well you dress. If they see you looking good, they raise the price high, and if you just happen to be someone who can't bargain properly like me, you will end up paying more than you should.

It's a problem in this country that I really wish will be over soon.