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# eBay Ecstasy
- URL: https://thedailyeudemon.com/1902/
- Published: 2005-08-04T13:41:05.000Z
- Updated: 2005-08-04T13:41:05.000Z
- Author: Eric Scheske
- Tags: Essay, #wpChunk

Greg Perry at *Lew Rockwell* is publishing a three-part series on eBay, covering its greatness and its problems. Here's a link to [the first installment](http://www.lewrockwell.com/perry/perry13.html?ref=thedailyeudemon.com). Excerpt:

> Over 475,000 people now make a full-time living from eBay alone. Billions of bids go through eBay's system every month. You pay too much for everything you buy if you don't first check eBay.

> It's my contention that the free market aspects of eBay helps keep prices down worldwide. And eBay is a worldwide phenomenon. Nothing has ever come close. Perhaps nothing ever will.

> The "world's largest garage sale" has done a tremendous favor to you and to me: kept prices as low as possible. Perfect price information at every second and a superb (but not perfect) supply-and-demand matching system keeps prices everywhere else in check.

> Yes, even at Wal-Mart prices have downward pressure due to eBay. eBay is one of the few entities that puts pressure on Wal-Mart instead of the other way around.