The Pawnable Price Index

Posted on January 16, 2013

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There are lots of methods to measure economic status: CPI – Consumer Price Index, GDP – Gross Domestic Product, MI – Misery Index, just to name a few.

The WP – working poor, have their own way to measure economic status, the PPI – the Pawnable Price Index.

When your family lives paycheck-to-paycheck, having something to pawn equals financial security.

The Pawnable Price Index works like this; add up the pawnable value of your pawnable goods, start with the most expensive items; ATV’s, TV’s, firearms, gaming consoles, jewelry, power tools, etc.

Then move on down the list in value, manual tools, microwaves, bicycles.

DVDs and CDs are last (ya need $1,000.00 worth of movies to get enough cash to buy a pack of cigarettes) cause as the little boy peeing in the ocean noted, ‘Every little bit helps’.

And every little bit is what it takes to survive when one lives by the PPI: your slightly used copy of Die Hard III and 2 out of 3 Lord of the Rings DVDs can pay the rent.

So after you added up the value of all your pawnable goods, subtract 98.7% from that total.

This is the VOYS – the Value of Yo Stuff.

‘In a county well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of” – Confucius

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