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it was up guys this is time from our
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psychics calm and I got another quick
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show for you tonight so the LeBron James
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on Zoom generation the black one came
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out today and they were costing 175 and
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some people be like man this is too
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expensive yes it is because when they
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came out in two thousand three or four
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they were 110 or 130 right so I and then
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what happens is there's something that
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we call the inflation so inflation is
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affected by a lot of things in a way
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geez you know you're buying power
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changes so what twenty dollars could buy
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you in 2010 that's one that can buy the
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same thing in 2015 so things change and
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a lot of things cause inflation to
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causing inflation so I wanted to kind of
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share that with you today and then let
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you know that um the price that you're
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actually paying for the LeBron now it's
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not really too bad 175 is actually okay
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and I'll show you real quick with so
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many pictures that I have what happened
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from where years at 2004 to 2017 that's
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like 12 13 years or how how's the price
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change right so that's what we're gonna
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be talking about today and and before I
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do it and those shoes actually the
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LeBron one when they came out on the
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absolute generation I don't think people
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went crazy crazy form like LeBron James
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was like the biggest hike coming out of
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high school and then everybody thought
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man this dude it's gonna be all talk
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my man look the guy I'm not a LeBron
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faint but I'm a he's a beast man look
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six eight six nine to 60 he could do
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everything right he can possibly shoot
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you could drive and now there's no hand
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checking you can't stop her I'm gonna do
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this like the Beast you know take away
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all the whining that he does he's a
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and LeBron James she was didn't really
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take often like the LeBron seven there
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are star stuff because everything else
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was like ah and then when you went to
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Miami that's when they actually get like
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took off like the pre heat so Nikes
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trying to like bring back down on the
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old stars the classics and I think
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they're really trying to repaint like
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repair what happened with a Nike
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basketball because Nike basketball is
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dead no shoes is selling
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so it's trying to repair that so let's
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get into the show okay I don't want to
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talk too much so I'm gonna share my
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screen and I'm gonna show you I what I
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alright what I saw oh goodness I ain't
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even I ain't even got the pictures ready
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that's the stupidest thing I've ever
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let me see this alright alright so you
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can find the inflation by using a CPI
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calculator the Consumer Price Index
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calculate that's what I used so in 2004
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when the shoe came out it was 130 right
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now with time what happens is the price
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changes again as the impression now the
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inflation price is 170 3.14 which is
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this is how much Nike should really
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charge for issue which is 173 and the
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actual price knives like hundred and
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seventy-five so you're not bringing too
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much for a man like the 175 is actually
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what you supposed to pay so Nike did not
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take advantage all right you pay the
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actual price so don't feel like man they
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charging too much so I'm out of shoes do
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it they did but this one they did so you
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you actually playing the right price 175
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is about is about right but here's the
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thing uh Nike day and I talked about a
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couple of days ago Nike if you go on a
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footlocker I wrote the article I kill it
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today I'm gonna go my website real quick
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intro to you when you go full akame like
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you don't see these shoes on footlocker
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the zoom generation nobody else had it
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but these tall nike.com undefeated
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boodikka sneaker politic keith lobster
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on him vish atl and those are all like
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boutiques like exclusive boutiques like
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Keith Nike just open install of Keith
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are in Manhattan right
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tonight he's like doing a wave like a
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lot of the wholesale distribution
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channel this is what I see so what
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happens is you gonna see more and more
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exclusive sneakers hidden like stores
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like Keith and supreme because Nike is
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trying to repair the basketball image is
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well if you go on like Nike website uh
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or if you go on a footlocker all the KDS
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they say nobody buying them things so
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they really trying to like get back to
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having better sneakers
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and in better prices there's gonna be
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scarcity there's gonna be exclusive
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sneakers and then footlocker having food
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like I said gonna get issues but like
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places like TTL are Jimmy guys I think
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they're gonna suffer man cuz like he's
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trying to just like do away they try to
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go like Cosco DTC that right the
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consumer so you gonna see a lot of these
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shoes coming back but they only gonna
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hit the Nike website so your inflation
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price at 175 is actually a right so you
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know paying too much for it and when I
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check the price they go on price for the
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shoes on ebay they going for at 2:30 and
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2:45 which actually I'll show you real
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quick let's let's get into let's go on
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ebay real quick let's go zoom I already
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got it over here so I go for a 239 some
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people are trying 3 to 399 but that's
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not gonna be that's not gonna happen so
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let's go on the store listings so
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they're going for like yeah 279 and 249
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that's about right all right so you're
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not gonna be paying too much rent ass
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cause you know he made that many shoes I
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wasn't even able to find out how many
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shoes they made so that's kind of hard
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all right so let me stop sharing my
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screen and I talked a little bit so
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basically you know way too much the 175
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is I but now finally shows a problem
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Nikes not gonna give it to Foot Locker
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they're gonna hear it like boutiques cuz
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they're trying to go away they're trying
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to do it over like a wholesale
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distribution channel so finish line and
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all them they're gonna get so many shoes
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man Nikes trying to go back to scarcity
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is trying to make it seem like they
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start that you get is like exclusive you
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know that's what he's trying to do
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so you gonna sit out more next year but
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no one like you man they're gonna go
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back to the old neck which is may I look
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make us food issues as you want we don't
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care we just want to make it and you
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know and because they're hurting right
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basketball is there like the kt9 I walk
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in more 49 poor George sneakers 49:59 so
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so back to the show inflation 175 this
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she was 131 745 hours more you're not
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paying too much this is about right so
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don't feel like they take they took
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advantage of you if you paid like the
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once every five you sorry
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all right there's a why
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I hope this helps stay tuned for more