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If "local" is worse (less convenient, more expensive, whatever) and can't compete, it deserves to die.
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ECON 101, as I recall. The place where it is marginally most efficient to produce widgets should produce widgets. Any other arrangement creates waste and encourages politicians to redistribute income they've stolen, but never earned.
Will Rogers never met me.
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rnbergren wrote: What the heck is the difference between buying from Sears via the Mail from 1900 and buying from Amazon via the mail/ups of today?
The difference was that there were many things you could not get locally. Furthermore, delivery in 1900 was not "overnight", so even if you could get something from a catalog, it made a lot more sense to get on your horse and trot into town if you needed something right away.
Marc
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You could order a complete house from the Sears catalog.
You can't do that with Amazon.
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Nice 
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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I prefer to waste my time with the products of the leader of the Order of the Golden Sprout![^]
=========================================================
I'm an optoholic - my glass is always half full of vodka.
=========================================================
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Barry would be pleased! 
"These people looked deep within my soul and assigned me a number based on the order in which I joined."
- Homer
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Chris Quinn wrote: the leader of the Order of the Golden Sprout![^]
From his blog:
Switched on my 'puter this morning, it made a fizzy noise followed by a pop and went dead. Found a new power cable (after much digging in the garage) - fitted it and all seemed to be right with the world.
Those were the days, when you could fix a computer by changing the power cord! 
Marc
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I hardly carry cash (paper) on me anymore these days. I usually pay with my check card (like cash). My wife and I pay for everything in cash, if possible, especially if we are dining out.
I rarely pay with a credit card, and only keep that for emergencies.
How about you?
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you may pay for me however you choose, I enclose all this week's bills
(must say its very generous of you to offer)
You cant outrun the world, but there is no harm in getting a head start
Real stupidity beats artificial intelligence every time.
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You'll miss out on :
-- Credit card points/cashback/miles etc.
-- Buyer protection (far superior with credit cards than with debit cards)
-- Building up a higher credit score (which might impact you when you apply for a mortgage or a car loan)
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My car payments and my mortgage have kept my wife and I in "A" credit standing. So I have no worries about that.
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I guess you guys are alright then. Except for missing out on the cashback/card benefits.
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Nish Sivakumar wrote: Except for missing out on the cashback/card benefits.
I guess so. To be honest, I haven't really researched all the "benefits" of using credit cards.
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Nish Sivakumar wrote: cashback/card benefits
That's like considering the "free drinks" while playing in a casino to be a "benefit" -- do you know how much you're paying for those free drinks? Sure, if you're playing, you might as well get all you can, but the smart financial move is not to play at all.
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do you pay for your cards? I get 30 days before being charged anything so as long as I pay off before then I am quids in
You cant outrun the world, but there is no harm in getting a head start
Real stupidity beats artificial intelligence every time.
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Not sure what you mean. If you pay off the card in full each month, there's no interest. Most cards offer 3-5% in various categories these days. So you often end up making up to a 100 bucks a month in cashback. Which is not bad.
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Nish Sivakumar wrote: Credit card points/cashback/miles etc.
I've never heard anyone say that they made their fortune from their credit card rewards. Studies have also shown people spend as much as 18% more when using credit cards instead of cash. So, the net result tends to be bad.
Nish Sivakumar wrote: Buyer protection (far superior with credit cards than with debit cards)
Not sure what you're referring to. I have a debit card through my credit union and they have all the same protection as any credit card.
Nish Sivakumar wrote: Building up a higher credit score (which might impact you when you apply for a mortgage or a car loan)
You should ask Dave Ramsey what he thinks about that. 
There are only 10 types of people in the world, those who understand binary and those who don't.
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You don't actually have the same levels of protection with debit transactions as you do with credit (unless something changed recently). It is similar, but the liability is worse with debit.
Dave Ramsey rocks!
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Pualee wrote: You don't actually have the same levels of protection with debit transactions as you do with credit
Do you have an example?
For example, my debit card is issued through VISA so I believe they cover everything the same. Could be wrong though.
There are only 10 types of people in the world, those who understand binary and those who don't.
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My debit card is also through visa. I do not have a current concrete example, but I remember looking into it in the past...
If my debit card was stolen/misused I think the liability was much much higher (the amount I am stuck with). If the same happened with the credit card, it was not. Also, I believe the amount of time to report the abuse was longer with the credit card.
You will have to look it up case by case, but in general, credit cards are safer than debit. This is true even if you are not using the PIN for your transaction (selecting the 'credit' option. I believe the reason is because it actually comes directly out of your account differently.
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RyanDev wrote: Do you have an example?
If you have a fraudulent charge on a credit card, you can dispute it, and while it's being disputed, you don't have to pay for it on your bill. ergo, no money out of your pocket.
If you have a fraudulent charge on a debit card, you can still dispute it, but the money is already gone from your account, and won't show back up until the dispute is resolved.
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Vark111 wrote: and won't show back up until the dispute is resolved.
Actually, maybe it is just my debit card but I have had this happen a couple of times and the credit union put the money back immediately.
There are only 10 types of people in the world, those who understand binary and those who don't.
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