So Expensive Season 4 Marathon

From real truffles to champagne camel milk to Japanese swords, we travel the world to find the hidden stories behind many luxury products. Our first stop is somewhere in the south of England, where we came to look for truffles. The exact location is being kept secret as These mushrooms are a highly prized treasure, luxurious cousins ​​of mushroom truffles, they are a delicious food enjoyed around the world, but these fragrant mushrooms will cost you in 2014, the white truffle largest in the world was flown to New York accompanied by a security guard and sold at auction. For sixty-one thousand dollars, this gigantic mushroom was discovered in Italy and weighed almost two kilos, so what makes them so

expensive

?

There are many types of truffles There are at least 40 species many of which are not edible and new species have been created Discovered as recently as 2018 You have probably seen luxury truffle products in supermarkets or fine restaurants, but the unique truffle flavor that recognizes it may not be real truffle at all. Cheap truffle oil has often been nowhere near the real truffle that many cheaper truffle products use. two for dye fire pentane a synthesized compound that contains one of the main aromatic components of the photo of guaranteed to give you that earthy flavor real truffles are

season

al and

expensive

with a short shelf life, they were originally detected using truffle pigs, but although pigs They are very good at finding truffles, they are also very good at eating them and nowadays dogs are much more common truffle hunting companions.

These mushrooms can be found all over the world, but they all require a very specific climate to grow, while different varieties may have somewhat different requirements. One thing is for sure: you can't have truffles without trees. Truffles are always found on trees and have to be from the right type of tree. Underground, the truffle is just the fruiting body, so, according to an apple, we have I also got a lot of what we call mycelium on a microscopic level, threads up to 100 meters in a teaspoon of soil and these and this my scene in It was actually attached to the roots of a tree like the fingers of a glove on a hand and spread out.

The tree reach acts and actually takes water and nutrients and passes through the tree and the tree gives sugars in return to help the truffles develop, even when you have exactly the right conditions, truffles are not guaranteed and the hunt. It's a labor intensive process, once you know where to look, you have to sniff and dig up each truffle by hand and they can be hard to find, so it's still there, it's still in the ground, so I want to get you out. . of the terrain or not, it all depends if it is good because it is not good, there is no point in having it, then the warning comes into play, we actually sniff the terrain, it may take a while, but finding a good one could make it worth the work , Yeah. that's the good one, yeah, it's probably 70 to 80 grams.

Truffles also have a short

season

and often appear only a few months a year and even when you get them, they don't last long, a green truffle unlike a tomato. which you can cut from the vine and ripen on your windowsill once the truffles come out of the ground the clock is ticking it will slowly degrade over time so we want to get that to customers quickly and nicely afterwards of only five days. In the land where the pungent smell of the truffle will have been reduced by half, any variety of truffle can be grown, apart from the rare Italian white ones, and many people have managed to establish truffle orchards, but it is not easy, it is necessary to plant Trees in the right soil conditions, inoculated with truffle fungi and often watered constantly, it can take up to six years before you get a good crop of truffles and there is no guarantee that the fungi will grow, so after all that effort, what do they really taste like?

Hmm, the smell made me think it was going to be really strong the flavor is actually quite subtle there is a nutty flavor there is like an earthy flavor they are quite light and fragrant isn't it tastes much better than it smells smells like wet dogs that It's good. I mean, this is the first time I eat a truffle on its own, you know it's a little bit like a mushroom, but nowadays it's more of a meaty morsel. Agriculture has taken over as our main source of truffles and today 70% of the world's truffles are cultivated due to the loss of forests and climate change.

The number of wild truffles has decreased significantly since the 19th century. . Production in France has fallen from more than 1,000 tonnes per season to just 30 tonnes. Climate change could mean that truffles would disappear completely in the future. Weather conditions are so important. not just immediately throughout the season we are getting much lower numbers and a much lower average size at worst not with 7% water certainly rain helps truffle grow in the UK . Some UK scientists are thinking that the climate is going to move in traditional areas. Go further north and they are not going to have a truffle industry inside, no, I think that maybe in 50 years there will be threats, there are opportunities, but rain, we need rain when we drive, something that vacations make you happy, but I keep crossing the fingers. a little rain from time to time not far away in the town of Lowestoft there is a factory that has been producing watercolor brushes for over one hundred and fifty years and there are only nine people in the world trained to make these brushes making a series of seven kolinsky The sable watercolor brush is not easy, the larger size brush can take almost a week and a half to make.

You can buy a cheap synthetic brush for under two dollars, but the 7 series could cost over 300, so why would anyone pay for a brush? The cost is more than a hundred times the price originally created at the request of Queen Victoria. The series seven brush was first manufactured in 1866 and was designed to be the finest brush possible for watercolor painting. Since then, the skill and craftsmanship required to make each one of them. These brushes have remained exactly the same to achieve this, the company needed expert brush wizards, so in 1946 they established a new factory in Lowestoft, England, a fishing town with a history in rope manufacturing.

This factory now produces more than 25 million brushes a year. and the skill required means that these brushes are almost exclusively made by women, it takes three years to train them and there are only nine brush brands in the world that can make these seven high-end brushes that I joined here when I was 16. I worked 18 years and had 12 years off and came back 11 28 years I have been working for the company when you first start you would probably only make a few you have to be like everything you have. a skill and you build on that and you learn the skill and then you get up to speed the components play a big role in the cost each brush head is made from kolinsky sable, a siberian weasel, this hair is said to cost three times the price of the gold by weight these weasels are sustainably hunted each spring according to satie guidelines throughout Siberia and Manchuria, only the guard tail hairs will do.

Kolinsky hairs are chosen because each strand has a surface of interlocking directional scales that increase the surface area and give the hairs its strength and while many other natural and synthetic hairs are used for brushes nothing has matched the quality of the sable one. Once the hairs are clean and sorted it is time to start making the brush. The wool must be removed with the comb and the hairs are packed and carefully boiled and ironed. The brushes must be made with hair at their natural length and the skilled makers of brushes can effortlessly separate pairs between 28 and 32 millimeters in length with just their hands.

This skill requires years of training and practice. The nine brush makers. each has 27 years of experience on average, hairs that stand out or crooked should be discarded and most importantly, as each natural hair reaches its point, each hair should be in the correct upward direction, hairs removed On the contrary, each one can be turned over and reused. Hair is checked by hand. The smallest brush-sized hairs measure just seven millimeters long, shorter than the average eyelash. We cannot afford to let standards slip in any way. I would say that's what this factory has, manual skills. it has individual skills it has skills that when I have new people that come here, sometimes they don't believe that this kind of work still happens, we show them what people do, they turn around and say: I will never be able to do that.

But they will be able to do it if they understand that quality comes first when all the hairs are arranged, ready to go into the barrel, the bundle is tied and gently twisted through individual hairs added or removed until it fits exactly. They need to have that fine tip to work, basically, it has that color loading capacity, the brush will split or do anything it shouldn't do, basically, through the hair, we know that through the skills of our creators and how they make them. We've done everything we can to ensure we've produced the best product possible, so it's time to attach the handles.

The factory uses birch wood handles imported from Italy. The brush is glued into place and then the heads are crimped. the handles, this crimping process bends the metal into shape and keeps the handle firmly attached to the brush once the brush is assembled, it needs to be marked and tested, the size and logo of each brush is stamped in gold on the handle , where spot testing ensures everything works exactly as expected and there are no loose or twisted hairs. Each brush is then rubberized, a process that gives the brush head its final shape and allows it to bounce.

The shape of the natural hairs gives the brush a wide belly and a good point, so the key to our brush manufacturing is people and that is the skill we retain from generation to generation, which is why we now have manufacturers working under the apprenticeship of a 49 year old brush maker who in turn had an apprenticeship under another 49 year serving brush maker who entered the business and his father who made the brushes was the director of Queen Victoria and It is very important that we retain that knowledge throughout the company from generation to generation and we are now bringing in the next generation to ensure that we maintain very high quality standards that we have built on over the hundred and fifty years that they have been used these brushes.

Art around the world has evolved. Modern and contemporary works of art are often controversial, but each work can cost millions of dollars. Modern art is expensive, from stark white canvases to simple abstracts. These seemingly basic works can cost millions, so what makes their price so high and how is it possible that they are worth so much money? Modern art is a broad field that encompasses everything from around 1870 to 1970, but say modern art to someone on the street and possibilities. Is it possible that you could imagine something like this at the beginning of the century? Art changed from the birth of abstract impressionism to minimalism and even performance art was no longer just about representing the world with a skill that faded after photography was invented.

It was invented to be a skill that the camera could do, so artists no longer felt like that was their main reason for making art. Art is not about beauty. That never really was. Overall it became more conceptual and more challenging, but this change was not popular with everyone in a 2016 study of the British public twenty-eight percent of people do not consider this art sixty-five percent of people do not believe that This is art, eighty-three percent of the public definitely does not consider this to be out of place. More than a hundred years after its creation, the work remains as divisive and controversial as ever among the public, but that has not stopped it from being send record prices.

I think most people think that modern or contemporary artists are having a laugh at their expense and no one wants to feel a way for many who immediately despise these pieces, frustration often also comes when they see the price, most of us think that we tend to be cynical and I think a lot of times we associate art with value and that I think that triggers the question of why is it so much or why such a high value if you know I could probably do this. I think that unless you are in the market and actively buying art, there is no need to look at art and think about a price tag.

It shouldn't, I mean, it shouldn't be the way the artists involved see art, what seems simple may be the culmination of a life's work, take the black square for example, painted by the early avant-garde.century. Artist Casimir Malkovich, this simple black painting did not come out of nowhere, it is the result of 20 years of simplification and development when the black square was shown to be a revolutionary symbol displayed in the upper corner of the room, a place reserved for religious icons orthodox Making this work wasn't exactly an easy decision either and in 1913 the Stalin regime confiscated Malevich's artwork and manuscripts and he was imprisoned for two months yes, white canvases are or black canvases are very rarely all they have In fact, not only did I come out of the schools that I could paint a black canvas, I mean, as much as we thought we could do it, yes, we could do it, but the artist thought about it and probably had quite a long journey and process to get there.

The works are not made just for profit, it is often only after the death of the artist that the art can reach the incredible price it reached today in 2008, one of Malevich's abstract works sold for 60 million dollars and The demand for these important modern works is The only thing that is going to increase is that the natural tendency is that you will see an increase in prices, but that is because these true masterpieces are rarer to find because they are really all in museums, but setting a real price can be difficult in the end, the value will only be what people are willing to pay, as long as there are artists producing, there will always be changes in trends and tastes, I would also say As for taste in the market, It seems that every year there is a new record price and, as extreme wealth inequality increases, so does the number of millionaires willing to pay the fortune required for these works, no matter what the artist intended, art is now considered an easy investment.

By many and companies have appeared, the tree is purely an asset for financial gain, but despite the ever-increasing prices of modernist masterpieces, for 99% of artists, their work has always been a work of love, there are obviously people out there. with a lot of money who see art simply as a commodity, nothing more, but there will be people who buy it or engage with it because they feel genuine pleasure in it, it stimulates them, or they feel that it enriches them. I am an abstract. painter who didn't really deal much with form, I became quite obsessed with painting all day or night and it was just his thing.

That guy really got ahold of me, so it's not easy being an artist in London, there are a lot of really good ones, I think you really have to be good to make money, I guess you don't have the network initially, yeah, it's a very expensive writing habit To be honest, that's why I guess everyone has vices, but a little bit is my kind of passion in a hobby, so that's where all my time, effort and extra money goes. Market trends may change and prices will change, but the popularity of modern and contemporary art is not going to increase clearly.

Thousands of oysters are farmed across Scotland every year, but they were not always the symbol of luxury they are today. Easter is a sure sign of high-end decadence, but look back 200 years and they were handed out like free snacks at the bar, so what? They turned them into the luxury food they are today. Oh, esters have been around for a while, shellfish are estimated to be at least around 300 million years old and humans have been enjoying them for centuries. Boy stur farming was invented by Sergius Errata, a Roman engineer who is also often credited with the invention of underfloor heating and since his invention, oyster farming has become big business, although today Nowadays you may see more oysters on the menu, their popularity now pales in comparison to just 200 years ago.

Sales of ER increased from the early 19th century onwards and seafood was sold as street food in London, Paris and New York as it remained a cheap and accessible snack for many. In 1864, the small British seaside town of Whitstable alone was shipping 50 million tons of oysters to London each year, and by 1900, New York was consuming them. 1 million oysters every day, but as their popularity grew, so did the problems of industrialization and dredging of the waters in England, leading to overfishing and, as more people moved to the coast, more and more sewage ended up being dumped into waters where oysters were grown, outbreaks of typhoid fever soon occurred. and other diseases and many oyster farms had to close during harsh winters and new diseases wiped out many of the remaining native oysters and gave the shellfish a bad reputation that lasted for years.

There's something else that kept the price of oysters down all year. of the century's child labor in the early 20th century, American photographer Lewis Hine captured photographs of many of the children working in the oyster industry, even photographing four-year-old Mary, who had apparently shucked two pots of oysters each. day. Things had to change, although the importance of clean water in the oyster farming process was soon realized, prohibited child labor to make oyster farming environmentally safe and ethical came at a cost, as producing shellfish requires a lot of work and now when growing oysters the environment in which they are grown is one of the main considerations, yes there is no industry there is a lot that will even be grown here.

What you have on the hike is just everything that is natural and the hike, so the diet is not the best possible diet that you could ever want and there. It couldn't be a more natural product. Each oyster takes 2 to 3 years to mature and they start out microscopically small. The tiny shellfish are grown in hatcheries, when they are large enough they are transplanted to their final growing location. Well we get the oysters from our farm, when they are miniature size we will grow them in these baskets for about two or three years and then we will send them to the decoration center for delegation and then to pack them and send them to Loch Fyne each oyster .

It is decorated with a process that cleans the oysters and eliminates any dangerous bacteria. Each oyster must be checked by hand, ensuring that each oyster is shipped alive. It's essential. I think Noah we sell about $35,000 every week here and every voice that is one reviewed individually so what we're going to do is when we package the oysters, we're going to package them into oysters and pool them together. Now, obviously, you can see that she's dead, but when you're packing thousands at a time, you wouldn't. I necessarily see it and sometimes it's all open just a little bit, but when you touch that oyster you can hear it almost immediately and that's the best way to know if the noise is going to reach its useful life and if it should be thrown away.

It may only have a shelf life of nine days, but that doesn't stop it from being shipped around the world, and its popularity and image as a luxury gift means its demand will only increase - another sure sign that authentic champagne luxury is only grown In this small region of northeastern France, a vintage bottle can cost thousands of dollars. Champagne is synonymous with wealth and luxury. It often costs twice as much as other sparkling wines such as Prosecco or cava. A bottle of decent quality can cost between fifty and three. hundreds of dollars and vintages can often sell for thousands of dollars, so what makes champagnes so expensive?

Champagne is often used as a generic term for sparkling wine, but in fact, champagne is only true champagne if it is made here in Champagne, about a hundred miles east of Paris. The highly protected region of France is home to the world's most prestigious and expensive wineries and champagne sellers, including Moet, Chandon and Perrier. All other sparkling wines made outside of this region, even those from neighboring areas of France, must be labeled differently, meaning that in this relatively small area, just over twice the size of San Francisco, it is made. the entire world's stock of authentic champagne, more than 300 million bottles each year, with annual revenues of more than five billion dollars.

Champagne sales have grown steadily since the 1950s, but their future growth depends on protecting the region's unique climate; northern France's variable conditions are the first factor for high prices with an average temperature of 50 degrees Fahrenheit. This location is cooler than other wine-growing regions in France, giving the grapes the right acidity for sparkling wine production. an often icy continental climate front makes the winemaking process more difficult than other reliable ecosystems the particular entity champagne sales in the worst situation geography Italy the condition climate chaos wheat Avedon start wind process fish deliberation Katy Katy swollen deny Amelia ray will fill the city the sacramento not Brisco on the producer Eggman more carried the reason is the demonstration maturity of the aphid sedation stock trading as a motto about new sweet processes refutation Alcalá denis gradual and then below we evaluate them under during the harvest one hundred and twenty thousand workers descend on champagne to pick Grapes from 84,000 acres of vines are harvested last because the machine is prohibited by law and it is important to select only the best grapes, especially for the virginity of each plot and each line.

For me it is a very good sign, an important sign. of quality to be under attractive is really good for the expedition the sun is our climate that passes on the vines all day when it rains the water never stops it goes to the bottom this is where strictly we are the best spiritual champagne on earth it is clay and chalk, this is really the best quality in terms of soil, authentic champagne is produced using the champagne method, where the wine undergoes primary fermentation in oak or stainless steel vats and secondary fermentation inside the bottle. This method is controlled and restricted within the European Union, so wines from outside the Champagne region cannot be described as Champagne;

However, wines around the world are produced in exactly the same way and are instead labeled as sparkling wine produced through the Met or traditionally, according to some winemakers from countries outside the region. The EU completely ignores European labeling laws and continues to produce sparkling wine under the name Champagne. These imitations are constantly questioned by the Champagne Committee which works with over 80 lawyers worldwide to protect the authentic Champagne brand, ultimately despite the similarities in production, and possibly only tasting the real Champagne. It comes with the history and prestige of the region. Champagne production dates back to the 3rd century, when the Romans first planted vineyards in northeastern France in the mid-17th century, with the development of bottled fermentation.

Champagne officially became a sacred drink when it was served in the king's home. However, the carbon dioxide that built up inside these early bottles often caused them to explode in cellars, so great efforts were made to read the wine in its bubbles, but by the 19th century the sparkling version of Champagne had grown up. in popularity, especially among the wealthy and royalty, as large champagne houses optimized the mass production of sparkling Champagne with the development of thicker glasses and corks, the modern champagne industry began to surprisingly decline even though the region became a key battlefield during both World War I and World War I.

Two some Champagne was still being produced, it is estimated that by the end of the Great War around 40% of Champagne vineyards had been destroyed due to reduced production, bottles made during both wars fetched a high price at auction sada B's 2015 - Visit to Krug's winery and a tasting of their wartime 1915 vintage for one hundred and sixteen thousand dollars champagnes affiliation with luxury wealth and celebrity that kept prices high from the coronation of kings to the launch of big ships, even jay-z got himself in any action in 2014 he became co-owner of Armand de Brignac, also known as the Ace of Spades, a champagne brand run by the Cartier family, in September 2019 they launched their cuvee more Rare and expensive, made up of three vintages from 2009, 2010 and 2012, the wine was left to age for six years until just 3,535 bottles were produced.

They were available for a cool $1,000 a bottle, but what about the future? Champagne became the first wine region in the world to examine its carbon footprint and implement a carbon plan as a result of worrying statistics: global warming has caused temperatures in the region to rise by 1.2 degrees. Celsius over the past 30 years and grape harvest dates have moved up a fortnight as Champagne's perfect climate conditions are changing and Paris Agreement climate goals fail.managed to keep up with global warming, the future of winemaking in this historic region could be in danger and Now popular around the world, anti-aging products may be some of the most expensive liquids on the planet, but are they worth the money?

Are these products worth their enormous price? Anti-aging products come in the form of creams and serums that are claimed to make you look younger by reducing, hiding or preventing signs of aging. High-end anti-aging products are some of the most expensive single-use items in the world. Just one fluid ounce of this rejuvenating serum will set you back $1,800, making it one of the most expensive liquids on the planet. But do anti-aging products really work and does this explain why they are so expensive? Honestly, several of these creams are used as placebo effects. More expensive does not necessarily mean better or more effective.

Most anti-aging cosmetics, even inexpensive items, tend to include a standard set of ingredients water, glycerin, acids, oils and vitamins; However, more expensive creams contain a variety of extravagant additions, for example, creme de la Mer includes a trademark miracle broth composed of hand-harvested giant seaweed that is claimed to have self-healing powers. Forests are a source of concentrated energy that we release to benefit the skin. We call it Miracle Bra, but according to skin experts, these expensive ingredients are not guaranteed or necessarily proven to be more effective. Often what companies will say is that my product contains this botanical and the natural ingredients are there to moisturize the skin 10 times better than anything else, however, they are under no obligation to prove that it is that ingredient itself that is the that is causing the moisturizing properties or something very basic like the glycerin found in most moisturizers.

It doesn't necessarily have to be stacked in such a rigorous way in the US - for example, anti-aging drugs must be approved by the Food and Drug Administration for both safety and effectiveness, while anti-aging cosmetics, such as creams and serums, do not require FDA approval. approval before going on the market when it comes to anti-aging promises, it's a very gray area. Several of these companies promise people that they will actually reverse aging. In fact, they will make people look young again simply by allowing a clinical population to test. your product if there is a lot of smoke and mirrors from other states because in reality we can say with confidence that the majority of these clinical studiescannot be trusted and the price that consumers pay for the most expensive products is significantly higher than the cost of production .

A 2010 investigation by The Daily Mail found that it is estimated that it costs to recreate a 3.4-ounce jar of creme de la Mer from readily available ingredients. approximately $35, while Lemare markets their products for five hundred and ten dollars, we contacted the mayor about this investigation and they responded saying that the value of creme de la Mer reflects the highest quality ingredients, complex processes and that They require a lot of time to create and powerful skin care. Benefits experienced by its thousands of loyal devotees around the world when it comes to purchasing a very expensive product. Most likely, between 60 and 70% of the price we could be paying is related to the manufacturing cost to produce and package the cream. the actual product, but the desire to maintain a youthful appearance is nothing new.

Cleopatra is believed to have bathed daily in donkey's milk for its acidic properties, while women of the French court poured aged wine on their faces, a process now recognized as an exfoliant. benefits, but a spate of beauty ads in mid-20th century magazines that demonized women for having so-called middle-aged skin was the catalyst for a now-booming anti-aging industry. The anti-aging market is expected to surpass $216 billion by the end of 2021, but a large portion of that includes cosmetic procedures like Botox and face lifts, possibly an extreme response to our natural aging process. I feel like I'm seeing a lot of young women in their twenties who are worried about aging skin.

We currently live in a society that is so focused on external aesthetics, so I think there is also a big need for people to be more interested in things like laser surgery or injectables like Botox or fillers from a much younger age than we have. seen before. So, despite the allure of magic remedies and luxurious concoctions, preventing skin damage and combating the signs of aging doesn't have to be so expensive. Inexpensive products can be just as effective as their more expensive counterparts. The focus should not be on the cost of the products. product use a good quality sunscreen SPF minimum 30 ideally 50 throughout the year the reason is that 80 to 90% of the signs that we associate with skin aging occur directly due to sunlight, which is why we are talking of fine lines, wrinkles, pigmentation number two. is the use of a vitamin A based product or a retinoid, you don't need to spend a fortune and we're probably only spending over £2,530 on one product, it's probably unnecessary.

Another new industry that has suddenly emerged is CBD oil and with the many health claims surrounding it, a 50 milliliter bottle can cost over $200 depending on who you ask. CBD oil can be a miracle cure, a snake oil placebo, or something vague in between. This poorly regulated industry that has flourished in the last three years is a minefield. For newcomers who feel that manufacturers are not allowed to make medical claims, how can one CBD oil cost fifty dollars while another of the same volume costs three hundred and ninety dollars an hour? Premium CBD Oil Justified for Being So Expensive First of all, what is CBD?

CBD stands for cannabidiol, that is the chemical name for one of the chemicals in the cannabis plant, the CBD oil that you see on the shelves and that consumers can buy with a prescription, actually comes from low levels of THC, which which makes tall varieties of the cannabis plant a new and fast-growing phenomenon with sales having tripled in the last three years, but the line between what consumers use it for and what manufacturers can say to attract them is increasingly blurry. It can be used for a variety of purposes such as inflammation, anxiety, stress and can also be used to support overall well-being.

Now the differentiating criterion between a drug and a supplement is that it cannot be claimed to treat or cure a specific medically diagnosed disease and that is very important for companies to understand because they can take their products off the shelves. and can sometimes also unintentionally mislead consumers in the age of anxiety, it's no wonder CBD has become a hot topic for manufacturers infusing all kinds of products with cannabidiol, cleverly taking advantage of its perceived benefits. for wellbeing and increasing the price of otherwise standard items. such as gummies, sportswear, tampons and even dog treats, but how do we evaluate the value of CBD oil, which is actually produced in two different ways?

If the full or broad-spectrum product is made from the whole plant extract, they take the flour, they process it, and it creates an extract that not only has CBD but also has other plant chemicals, other cannabinoids, there are terpenoids, other things. in the plant that work together in what is called this herbal synergy, this entourage effect and what you get is greater than the sum of its parts, but some manufacturers process the extract further to turn it into a CBD isolate, a substance devoid of of all other plant chemicals and labeled as pure CBD, but this isolate, which often appears in expensive products, is generally considered less effective and cheaper to manufacture in some brands and some companies will put CBD I in a product and then They will qualify as a premium product even though the cost of actually manufacturing it because the cost of the isolate is quite a bit less than the cost of a full or broad spectrum CBD, but due to the lack of regulations.

In the industry, this fundamental difference in CBD oils is often disguised by manufacturers. The front of this $300 premium bottle, for example, doesn't show that it's actually made of isolate. Sometimes you have to dig into the nitty-gritty of the ingredients and sometimes you might even have to call the company and see what they've actually used, but in general the labeling criteria are getting a little stricter, so that more and more consumers will be able to know what a CBD isolate product is and where it comes from. A complete or broad-spectrum source, these products can also be measured by the amount of cannabidiol in each bottle.

What you really need to look for is the number of milligrams in the entire bottle and then the number of milligrams of CBD per dose that is actually going to be the best value for money, even at high doses, full spectrum CBD does not have the Food and Drug Administration approval. The FDA says it recognizes the significant public interest in cannabis and cannabis-derived compounds, particularly CBD. However, there are many unanswered questions about it. The most worrying thing is the scientific safety and quality of products containing CBD. Laboratory testing by the Center for Medicinal Cannabis found that 62% of CBD products tested in the UK did not contain the cannabidiol content promised on the label – one product actually contained no CBD at all. is shrouded in mystery and consumer confusion, on the one hand, a 2018 cross-sectional study of CBD users found that nearly 62% reported using CBD to treat a medical condition and stated that CBD has provided therapeutic value but, on the other hand, On the other hand, manufacturers cannot use it. research data to make medical claims, leaving spokespersons in the unenviable position of having to promote their products to a certain demographic while avoiding supporting the public's perception of CBD, making it What we cannot do with our products is make medicinal claims because they are not medical products, all the products we sell, our wellness products to improve sleep and mood, we view CBD as a homeostatic product that balances your blood levels. body to bring it to a normal state and with a balanced mind, fortunately despite the misconceptions, no matter what.

You use it because there is a way to get a snapshot of the quality of the CBD oil. You want to look for a certificate of analysis, which means it is a third-party tested lab report. They test their product to make sure it is not contaminated. make sure it doesn't have accidental THC levels above the allowable limit make sure it doesn't contain heavy metals make sure there are no microbes, bacteria, fungi that can grow on these plants, no herbicides, pesticides, things you don't want So why is it so expensive? The cost of producing CBD oil is not particularly high relative to other large-scale crops, but there appears to be a premium in all canna videos, as revealed in this comparison of full CBD which shows that as prices grow fairly uniformly based on the price per milligram in each bottle with any wellness product with the global hype high demand means high prices statistics show that CBD sales will likely reach $1.8 billion in the next two years, but without regulated medical research and a clear consumer.

Knowledge of the human value of Beadie oil will remain a matter of opinion for now. Gold has been used as currency since its discovery and its rich color has been sought after for centuries. So what makes this rare metal so precious? Gold is the shining embodiment of wealth not only because it used to make expensive products, but it is also used to add extra shine to luxury items from smartphones to supercars and even steaks, but other metals that are rarer than gold are much cheaper, so why is gold so expensive? Scientists believe that the gold has arrived.

The Earth, after the collision of two neutron stars in space, forged gold atoms together to form meteorites that crashed into the Earth about 3.9 billion years ago. For millions of years, the Earth's hot, bubbling core forced gold nuggets to the surface. Gold flakes have been found in Paleolithic caves to date. Approximately 40,000 years ago, it marked the first known case of human contactwith the material, but what exactly is gold? Gold is a relatively rare metal with a lot of versatility. It is highly malleable, meaning it can be deformed or changed without fracturing the material, but what sets it apart from others.

The useful precious metals is its totally unique bright yellow appearance. These factors give gold many practical and superficial uses on earth. If you are brilliant. Gold is the perfect embodiment of love and emotion. If you are a gold investor, it is an excellent tool to diversify your portfolio. they like to know that they have an element of their wealth that they can feel it often looks beautiful it has a wonderful design and that adds a degree of excitement to the investment and if you are a manufacturer if you are someone make smartphones or tablets Gold is an element with the symbol na and the atomic number 79 considered the most noble of all noble metals.

It's a perfect material or conducts electricity and it doesn't corrode, it doesn't rust, so it's great. For many centuries, civilizations around the world fell in love with the beautiful metal, like the ancient Egyptians, they not only used it as currency, but also buried themselves in God believing it to be the flesh of King Tut. buried in three gold-wrapped coffins, the interior of which was made of sheets of beaten pure gold that would now be worth more than $1,000,000. In 1792 the United States Congress passed the Coinage Act which established a fixed price of gold. gold into US dollars over the next century.

Gold mining captured people's imagination during the great American gold rush. The first was in 1799, after 12-year-old Conrad Reed discovered a huge 17-pound gold nugget on the farm of his family in North Carolina 50 years later, in 1849, tens of thousands of prospectors known as the 49ers rushed to San Francisco in search of riches, giving their name to the San Francisco 49ers football franchise. These gold rushes heralded the start of modern gold mining even though humans have been mining gold for millennia. The complexity of this process has not changed. Mining is just as challenging. and more difficult than ever what has probably changed is that the intensity of labor has become in some mines as people have increasingly used technology, but some of the challenges are not necessarily exclusively associated with mining production, but could be associated with the environments in which they are found. operate so that the licenses people need to operate, whether a formal license from a government or a social license from a local community.

I mean, those are still challenges that mining companies have to overcome and kind of work to overcome and that contributes to the complexity. of mining production today, probably as much as many years ago, identifying gold mines is a daunting task; It can take up to 10 years for geologists, chemists and engineers to examine a potential site and even then the probability of a mine becoming a productive gold mine is less than 0.1%, only 10 percent of these sites contain Enough gold to justify further development, but surface gold is everywhere, on our fingers, around our necks and even in our mouths, gold is used in the architecture of medicine and in almost all electronic devices. . component, we even threw gold back into the universe where it came from not only as a reliable component of spacecraft circuitry but also in the lining of astronauts' visors to protect them from the sun's harmful heat and ultraviolet light, so With all that in mind, you might be surprised to learn how little gold there actually is here on Earth.

If he melted it down, the world's entire surface stock of about one hundred and ninety thousand tons of gold would form a 72-foot cube. However, if it were divided equally. Each person on earth would get approximately one ounce of pure 24-karat gold each, which is approximately equivalent to fifteen hundred dollars, so how is this volume divided into different industries if we take a look at the group of ninety thousand tons? of the above ground gold stock most of it is in jewelry around 50% is in jewelry the next level is private investment so it could be individuals who own bars or coins or even individuals who own a portion of a fund traded on the stock exchange and then we have the central bank account of about seventeen percent of that gold stock in a very significant volume and then the final element about about 1314 percent is technology or dentistry is the future of gold as bright as its Surface new gold deposits are increasingly difficult to find and increasingly difficult to locate.

Geologists have estimated that only 55 tonnes remain buried in the Earth's crust, meaning that if current global mining rates continue, we could We will run out of newly discovered gold in just 20 years, so as gold mining continues to slow and the costs associated with mining rise to meet the mining challenge, gold could become even more expensive in Japan. Tamahagane or precious steel is used. To make intricately crafted Japanese swords, these blades can take months or even years of work. Japanese sword making is a tradition that dates back centuries and continues to this day. Each sword requires dedication and skill and can take over 18 months to create.

The resulting blades can be worth thousands of dollars, so what makes them so expensive? Since from time to time Motiti digs, he unearths an acquaintance. I'm talking about karma. I love the yaki disco, we, Rita, so there is no colony. Oh, today, New York, Elliot is not, he is not aware. colada no uh-uh no and had dogs in the war without listening Master Akira has been making swords for 21 years. He was inspired by a sword crafted by the legendary 13th century swordsman Masamune and after a five-year apprenticeship and years of training he became one of 180 swordsmiths working across Japan Japanese swords have always been more than simple weapons, they were works of art, status symbols and throughout history they had great spiritual importance from Cuzco.

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Garrity must see it. mostly easily knelt down to the guy naraba mabushii, you know Joe Cocker, a document, a note, Oh, money, what assets, good business, motivates the characters, you know, cotton, a kazoo, cotton candy baby, you, you know me, Mary, me, Thomas Mario Elkins was a Thomas Mario. a single cutter without correction sitting stifled whatever you do so you have to say screw bottom ROC Areva auto motor dictate our Yamaha Stanga dictate mus Melo yamaneika I'm from Bono oh mom you have that Otto is good for E or C 2 same today every sword is a unique work of art and made to be admired as you would a painting, as the sheets of steel are folded together over and over again and wood grain patterns are formed and these patterns, along with the skill of the sword master, create a completely unique blade, another community now.

What does the katana know? She was winning an Oreo, she got a coin in the game. Knowing what to look for in each sword are important features like the angle and length of the blade or the way the metal is bent that could reveal the era in which it was made and even who made it. You know, go, ma, don. I don't know Chuck St. Luke is the mother of a girl basu demonstration at the casino katana with a Nomi sure of marchi so no kata now Tory otoki-san oh they know me said Oh grody Mario is their baklava cocka cocka Arcana minors by Tanaka Toby Stull my Nana boo boo boo raucous Matakana so hibachi ma consider a ham, no you're not homo sacer, main artery modesty, so mars co-host Iona Kira Kira stop sugah mirakuru tamales.

When looking at the months of work it takes to create each blade, it is easy to see why these swords command such a high price and as there are fewer and fewer sword masters throughout Japan, these works of art will only become more valuable. Sakhalin played a nominal psycho to carry out the awakening. Do you have a second income for shimai-konda honne suresh? Launch a book. Don't try it or forget it. It's on any monster activated tonight, so I can hear this rotten, almost silly name, Johan de Mer. I would like to go to the market in a closer entity, so now the same language, tobacco, cotton or winter bikini is a kingdom of integrals because soy is not scary across the sea in Malaysia, we wanted to take a moment to see one of the cheapest products for a change and one of the most controversial palm oils.

Palm oil is cheap and ubiquitous, it is used in thousands of everyday products and is the most consumed vegetable oil on the planet. You can get a kilo of palm oil for only two dollars, but its use has become, as it was expectedly controversial as huge areas of tropical forest have been cleared or burned to make way for palm plantations, so why? This oil is still so cheap and easily available, palm oil is found in everything from chocolate to bread, instant noodles to shampoo, and without even really thinking about it, globally each of us consumes on average about of 8 kilos of palm oil every year, but even if you look at the ingredients of your product you may not be able to detect it because on the back label you can see any of these today Indonesia and Malaysia account for 85% of all palm oil production palm oil, but the oil palm species used actually originated in West Africa. were introduced to Malaysia in 1875, but something was missing for a hundred years, the flowers were pollinated by hand, requiring hundreds of workers and limiting efficiency until African palm weevils were introduced to the country in 1981, these small beetles pollinated the plants without additional work.

Parma's popularity has only increased again, peaking in demand in the '90s, when companies suddenly became aware of the negative health implications of trans fats found in many processed products and replaced with palm oil and ultra-perspirant products. Processed foods increased as did oil use, but this incredible increase came at a cost: the rapid expansion of palm oil plantations has led to the destruction of huge areas of tropical forests, creating dangerous CO2 emissions and destroying the remaining habitats of species that are already in danger of extinction. extremely cheap, does not keep in storage, has natural preservative qualities, is a really good vegetable oil, but the fact is that it has been grown in a way that has caused a lot of environmental damage and has also impacted the communities and the workers that Seeing the devastation caused, your first instinct might be to eliminate palm oil entirely, but looking for an alternative could actually make things worse.

Palm oil is so efficient that using an alternative oil would require up to 10 times the land to grow. This efficiency is the main reason oil is so cheap is the evergreen, perennial oil palms, which produce oil all year round and can grow happily in soils that many other plants cannot. NGOs and companies from around the world came together to establish a roundtable on sustainable palm oil. in 2004 to create a set of criteria for growing this crop sustainably, but only since 2018 has the roundtable adopted the high carbon stock approach, a system that helps identify valuable areas of forest and maintains power more than fully certified free of deforestation.

It's just a plant, it's how and where we've made it and how we've grown it that causes the problem, but that means it's a human problem that we create the problem, which means we also have the ability to solve that problem. Solving this problem is not going to be easy, there are numerous barriers for companies trying to implement zero deforestation commitments, so one of them is the fact that there are very complex supply chains and it is difficult to know exactly where the oil comes from Palm. What comes from another is that there are different levels of government support in different regions with their palm oil production and the degree of government support plays an important role in whether a company can produce without deforesting for complex reasons.

So are wedoing enough? The roundtable now certifies about 19 percent of the world's palm oil, but getting to this point has been a long, slow process and we are running out of time. Global palm oil consumption will invariably increase until 2050 as we approach nine point six billion people. We also have to enlist the help of big markets like China and India, where much more emphasis is placed on price than on the sustainability profile of the product and this means that if you are a manufacturer and you are trying to buy palm oil and anime its suppliers to ensure that their production is free of deforestation.

You have limited influence because they always have an alternative market they can sell into, so there are challenges in implementing a zero deforestation commitment that make it very difficult to achieve. India China and Indonesia now account for almost 40 percent of all palm oil consumed and it looks like palm oil will remain cheap for a while yet, but the cost to the planet could be devastating, but the problem is not just the Palm oil. it still pales in comparison to its contribution to deforestation, where it pales in comparison to livestock and meat products which, by some estimates, may be responsible for up to a quarter of all tropical deforestation.

World Canopy published a list of 500 linked companies and financial institutions. To tropical deforestation caused by livestock and soy palm timber, only half of these companies have committed to zero deforestation by 2020 and none of these companies are on track to achieve this goal. Global Canopy also says that despite commitments that have been made, evidence shows that commodity-driven deforestation rates have not decreased since 2001 if your palms soybean leather all ingredients companies have a responsibility not to wait for the consumer to make the demand, they have the responsibility to do it before the consumer demands whatever force is being removed.

As we face what many would call a climate crisis it is too much, so what we know we have to do is analyze very carefully how we consume things, why we consume them and how we source and grow. our materials such as palm oil, soybean meat or cotton in Dubai is one of the largest camel milk farms in the world. Milk is popular throughout the Middle East in Africa. Camel breeding is not exactly easy. Camel milk can cost $30 per liter. Compare it to cow's milk and it costs almost 30 times more, but for hundreds of years camels have been used to produce milk, yogurt and even cheese, so why would anyone milk a camel?

And what makes milk so expensive, camel milk may not be so expensive. Popular as cow's milk Compared to the 600 million metric tons of cow's milk produced worldwide, only about 3 million tons of camel milk are produced each year; However, camel milk is an important staple food in Africa and the Middle East and some cultures depend on it. Somalia and Kenya Only Isha's Camel in Dubai has more than 6 thousand camels in his farm and produces 4 million liters of milk every year and as you know people in the Middle East connect with camels for transportation and for food and their main diet was camel milk and dates, so the demand for cottage milk is increasing day by day for a long time and now we are facing the challenge of meeting the demand because the supply is less and the demand has kept the price high and The profile of camel milk as a new health food has boosted sales.

It has a slightly lower saturated fat content. It has ten times more vitamin C and more calcium and potassium than cow's milk. These benefits have led many people to start using it as an alternative medicine despite it being very limited. Evidence that online celebrity endorsement has also led to more and more people trying it, while new camel farms are popping up around the world, popularity is still limited and in Europe there are still 12 thousand cows for every camel, but even if you have many camels it's not exactly an easy job to get the milk. We are producing 1,300 camels twice a day, so it is very intense work.

A lot of people are included in the work, so when the cameras arrive here, they go through a very strict quarantine procedure where we verify. them for different diseases when necessary we treat them and start training them for the milking parlor. It is very important that we provide a very relaxed and calm atmosphere so that the cameras during milking can release the milk, so we had to train the camels to be able to milk them without the car, so it was very intensive work and each camel is different, so for some camels the training itself - for the milking party - 3 days, but for some camels it took weeks after this training period was over. and your camels are producing milk, you still don't get as much as you would get from a cow, a cow can give about fifty little birthdays, while camel milk can give six to seven liters to the cow and three years will give more . 50,000 liters, while in camels and at three years old you will get a maximum of four to seven thousand liters, unlike the dairy industry, where male calves are often killed and eliminated.

Each camel must be kept close to its calves to continue producing milk, meaning two animals need to be kept fed and healthy to produce just seven liters of milk each day. Camel milk is expensive, in addition to feeding it costs, we are here at camel Isha's we defend our camels, natural and fresh alfalfa, on top of that, we only plan, we don't. give it concentrates or food additives, so after all this work, what does the milk really taste like? It smells like milk, yes, it tastes different, it's a little salty. I would say saltier than regular milk, but it is quite creamy.

Don't hate it, it's almost salty, I would say it doesn't taste like normal milk. I would take it again as this milk gains popularity and selective breeding leads to camels producing more milk, the price may come down, but for now camel milk remains a The expensive luxury camel is a different species, so We didn't want to and still don't want to turn them into a milking machine because we are thinking long term, so we would like to have a long production life here with these cameras on this farm. From the Middle East to California, the prevalence of avocados has increased dramatically in recent years as their popularity increases, making them one of the hottest foods in the world, such as healthy millennial eating, this superfood is now a mainstay for food lovers. everywhere, but have you noticed that your Avvo on toast is costing more and more?

Avocado prices have skyrocketed in recent years by as much as one hundred and twenty-nine percent, with the national average price of a single Hass avocado reaching two dollars and ten cents in 2019 and nearly doubling. in just one year, why are vacarro so expensive? Archaeologists in Peru have found domesticated avocado seeds buried with Inca mummies dating back to 750 BC. C., but it was the Aztecs in 500 BC. C. who called it a curtain, which translates as testicle, when the Spanish conquistadors devastated Mexico. and Central America in the 16th century renamed it AG huacatay. Avocado cultivation developed over the next several hundred years predominantly in Central and South America, but consumption of the alligator pear outside of these regions before the end of the 19th century was almost non-existent.

Marketing of a Tay guaca began in the early 1900s, but focused on branding avocados as a delicacy for the rich, such as this advertisement in The New Yorker from 1920 that declared them the aristocrats of fruit salads, but a selection of Californian growers realized that the hard-to-pronounce avocado was unpalatable to the mass market, so they formed the California Avocado Association in the 1950s. The scale of production grew and avocado prices fell to about 25 cents. Each popularity increased further with the wave of inter-American immigration in the 1960s as Latin America. Americans brought their love of avocados with them to the US, but as demand increased, supply had to keep up and the real difficulties of producing avocado crops on a large scale began to show that American orchards Avocado require an extraordinary amount of expensive resources to flourish, there are multiple inputs.

What avocados require, be it water, fertilizers, pruning, pest control, protecting trees from sunburn, all of this contributes to improving your chances of having a very good quality harvest, when we decide to plant an avocado orchard, We will plant trees that come from certified nurseries that we have. ordering years in advance on average if we are producing a hundred thousand pounds per acre that requires about a million gallons of water, so a hundred gallons per pound would be about 50 gallons for 8 ounces of fruit, but that depends on what Mother Nature will throw at you, you know, we have wind, we have intense sun, it is very difficult for a grower to manage the unmanageable things that will affect a crop, the rise in popularity of avocados stalled during the anti-fat frenzy of the 1980s with an average of only one pound per capita consumed in the United States in 1989, the decades-long obsession with low fat turned consumers away from having Accardo due to its high fat content without truly understanding the nutritional truth hidden when it comes to fat in foods, in general people tend to worry us a little because we often hear in the media that fat is not good for us, but the type of fat found in avocados is fat monounsaturated, which is actually often considered a healthy fat or heart-healthy fat, so while there is a lot of fat in avocados it is actually pretty good.

Fatty avocados began their meteoric comeback at the turn of the millennium, and it was helped by an unlikely policy decision in 2005: the United States Department of Agriculture lifted a ninety-year ban allowing the importation of Mexican avocados. Initially, in all 50 states, this decision angered Californian producers who feared the measure could reduce sales of local producers by up to 20%. What really happened was that Mexican supply became much more prevalent and available retailers supported the marketing and sale of avocado foods. Restaurant service providers began to include their permanent parts on their menus and demand began to increase because the previously inconsistent supply chains were consistent and consumers were allowed to enjoy avocados every day of the year.

The biggest day on the avocado calendar became Superbowl Sunday when it is now. It is estimated that nearly 200 million pounds of avocados are consumed during the big game in the United States, but if you take a moment to consider the resources required to produce that amount, you can begin to understand the high prices of avocados, according to experts , it takes approximately 270 liters of water to grow half a kilo of avocados, so 200 million pounds could require up to fifty-four billion liters of water, meaning droughts or heat waves can have devastating consequences for the avocado industry. In fact, that's exactly what's been happening in California for the past seven years with the Sunshine State recently being declared drought-free in 2019, which goes a long way toward explaining record-high avocado prices in some countries like Chile.

Avocado farming is blamed for exacerbating droughts, as lush green orchards overlook dry river beds. Perhaps the main reason why avocados rise to their dominance is the rise of the clean eating lifestyle. No longer just a chip dip for special occasions, this superfood can be found in a plethora of recipes in cafes and restaurants. from all over the world and those who eat them are really interested in you knowing about it. type the hashtag avocado on Instagram and you'll get over 10 million search results, but is the glorification of avocado justified? There's a lot of hype around avocados, but it's actually pretty justified when it comes to how nutrient-dense this food is.

There are many foods that really replicate it in terms of nutritional profile when it comes to calling something a superfood. I'm not ready for that label. Avocados are definitely a good food to include in your diet, but like I said, you're really not missing out. If you don't like them orIf you can't eat them for some reason, monounsaturated fats, we can find them in things like olive oil, nuts and seeds. We can find vitamins and minerals in other green vegetables, such as spinach, broccoli and other things. Well, so there are ways to get those nutrients without having avocados, all of these products require a staggering amount of labor, even once grown, pruned and picked avocados need expensive distribution methods in order to be delivered fresh and ripe to corners. remote from the world.

If you live in Philadelphia, right? You want to buy a ripe avocado in Philadelphia, what they do is they ship green avocados from California to Philadelphia, they send them to the ripening center, they heat them and put ethylene in them to ripen them and then when they move to the retail stores, you're actually buying something that is almost ready to eat or ready to eat because if you were to buy an unripe avocado that was shipped directly from your market, you know you would have to ripen it. be purchased over a seven to ten day period and most consumers are a little more eager for their avocado toast than waiting 10 days with prices so high that the staple avocado product has led to a spate of thefts from orchards and trucks. deliveries around the world, in New Zealand, armed night patrols and electric fences were introduced after a grower in Northland had 70% of his orchard stolen.

There is even more discouraging reading for avocado lovers in Michoacán, where 80% of Mexico's avocados originate. The cartels run the so-called bloody avocado trade, violently imposing a non-negotiable extortion fee. On the part of farmers, based on the size of their land and the weight of their crops, some restaurants have started a boycott of avocado, as we always defend the ethics behind our eating habits. Experts suggest that water scarcity could affect 5 billion people by 2050 and rainfall in the so-called drought belt that includes Mexico and South America is expected to decrease, but as evidence of environmental degradation increases, the Avocado industry continues to grow along with consumer demand in certain places, the sustainability of avocado production will become unsustainable and Apple is also gaining popularity in 2018.

It became the first company to be worth a trillion dollars, but what? How did you get to this point and what makes your products so expensive? In 2016, the iPhone 7 started at $649. Three years later, Apple's flagship iPhone costs 54% more. More dramatic for the Mac Mini when Apple launched its new model, the price increased by 60%. These prices generate huge profits for Apple in the US it is the first trillion dollar company Apple's market capitalization is greater than the GDP of Switzerland. So what makes Apple products so expensive? Apple has earned a reputation over the years for our quality and the industrial design of its products.

That reputation has created millions of loyal customers. That brand loyalty translates into a premium they can earn from customers unwilling to leave the Apple ecosystem. That premium is also known as Apple talent, while they pay more simply because it's an Apple product, the 256-gigabyte MacBook Air. For example, it costs $1299, but you can get a more powerful Windows laptop for over $100 less. Apple's high prices reached middling proportions during the announcement of its Mac Pro in June 2019. Applause tended to gasp when John Turner introduced a thousand-dollar monitor stand to complement the screen of the five-thousand-dollar Mac Pro and the professional stand for $9.99 and the Mac Pro microphone will all be available in the bar, actually $6000 for a professional reference monitor of this quality is comparable to Applet does something else that is a little sneaky and that is that when When you buy the iPhone you can't add memory to it, so if you want more memory you have to pay more Apple taxes with Apple computers, these upgrades get even more expensive if you want a 13-inch MacBook Pro with 512 gigabytes of storage, you have to pay $400 more than the base model and Apple accessories also have high premiums compared to non-Apple products, like the $129 keyboard or the $79 mouse, even Apple cables cost more.

Apple has kept its proprietary Lightning connector while removing useful ports like the headphone jack and SD card reader, forcing consumers to buy expensive dongles like its $39 SD. card to USB view reader, but are these products worth paying for? Apple loves to talk about its innovation. These are the most powerful and advanced iPhones we've ever built with a stunning new design. iPhones have added great features like faster oh le D screens. processors and thin bezels, but competing products have many of the same features, the components needed to make a smartphone are fairly standardized, for example, Sony competes with Apple in smartphones, but all the camera sensors they integrate An iPhone is manufactured by Sony and those components cost much less than a new iPhone, the bill of materials costs approximately four hundred and ninety dollars for a phone that is priced at one thousand ninety-nine dollars as a point of comparison, the Galaxy S ten plus It costs approximately four hundred and twenty dollars. of materials for a price of nine hundred and ninety-nine dollars something changed when Apple launched the iPhone 10 not only was it more expensive but the difference between the bill of materials and the retail cost was much greater obviously Apple wants to make a profit so that the bill of materials has to cost less than the device, what makes Apple special is its ability to make greater profits than its competitors rather than a technology company.

Think of Apple as a luxury brand, like Gucci or Hermes, customers pay more because the logo is a status. symbol that the bag is not a more functional bag but customers still value it more that is why our products become an extension of our personality value elegance a value design a value simplicity I value that it simply works and that is what It inspires a lot of loyalty and allows Apple to get a premium for their products because they make a premium partial layer and people are willing to prefer paying for a simple, integrated experience, they cater to people who really love ease of use and ease of use.

I think that design layer probably costs quite a bit. a little bit and I'm happy to pay it, they are expensive because they know we will apply all their stuff Samsung Android Apple thanks I think customer loyalty is hard to earn but when you earn customer loyalty love is blind but this strategy might not run forever competition with less expensive Android phones has become more pronounced and that puts iPhone market share at risk. Apple's performance in India is pathetic, to the point that its market share has now dropped to less than 2%. completely irrelevant and the main reason is that the prices are simply unaffordable in the Indian market, if Apple cannot sell more iPhones, it might have to sell fewer iPhones for more money.

Charging a premium allows Apple to continue growing revenue even if its largest category, the iPhone, is declining. Every time you create a new product, what you want to do is extract as much premium as you can from high-end customers, people who are willing to pay a premium, meaning the customers you buy the iPad pro or the $5,000 iMac Pro Apple offers cheaper models like the iPhone 11 or the 11-inch iPad, but those aren't always the models customers choose. This is called extreme aversion because you don't want to buy the cheapest one. You might want to buy the most expensive one to make the middle one seem like a compromise, but Mohan pointed out that Apple has a disadvantage compared to true luxury brands.

A luxury product is like a Rolex right and you would keep it for life. We can keep a smartphone for a lifetime. all life is so premium maybe not a luxury, so now Apple's reputation is still strong and customers who don't want to spend $1000 on a new phone, Apple has a plan to keep old models with just a Very slight discount, but if Apple wants to keep its loyal customers its innovation will have to keep pace with its cousins. It may seem like traveling the world costs a lot, but compared to just fifty years ago the price of air travel has dropped drastically. sixty years air travel was too expensive for the Massive prostitute flight between New York and London on Pan Am in 1960 and you would be paying about three hundred dollars or about $2,600 adjusted for inflation, but in 2019 you can take the same flight for almost a tenth of the price it seems to fly.

It's never been cheaper, but that's the real story and how we got here. The first scheduled commercial flight took place in 1914. It had one passenger and was piloted by Tony Janice. The flight was from St. Petersburg to Tampa, what would have been a 12-hour train ride turned into a quick 23-minute trip. The flight demonstrated that there was demand for scheduled aviation as transportation. Janice is largely credited with laying the foundation for the modern aviation business, which has become a multi-billion dollar industry in 2018. Forty-five million flights worldwide and the average fare for a domestic flight in US was $350 now $350 is not considered cheap, but take a look at this chart.

Patridge ticket prices have been declining steadily since 1980. In fact, tickets are near their lowest prices in history, but from 1950 to 1980 flying was different before 1978, fares and routes in the United States were closely regulated by the federal government and many routes had fixed minimum prices. What ended up happening is that you enter a highly regulated industry where the federal government sets the various routes you can fly, sets how many prices can be, and the airlines As for dollars, the story across Europe was slightly different, as Most state-controlled airlines and air travel were treated as a public service, but in 1978 everything changed when President Jimmy Carter signed the Airline Deregulation Act and the aviation industry was opened to business. business. of government regulation Airlines now had one goal: to sell tickets, what really happened after deregulation was just this massive fight, airlines were doing everything they could to gain market share and without really looking at profitability, the theory was that the more people we can get on a plane, the more we can.

The more they dominated the markets, the more they made, but they didn't really see it as a business where, at the end of the day, you need to make a profit, and as soon as you had a little economic setback, a little recession, or a rise in commodity prices, Oil is when airlines really start to fail at the same time that airplane technology was also advancing, making airplanes more efficient. New wing technology was implemented, such as winglets, which made aircraft more aerodynamic and reduced flight times. Computer systems began to replace older cockpit technology. Planes were less reliant on pilots soon after planes got computers, so were people and prices started to become even more competitive.

Websites like Expedia and Priceline, launched in the late '90s, began cataloging all the lower prices that budget airline models were able to thrive on because of this. As consumers regularly clicked on the cheapest prices from many airlines, this competition became unsustainable over the years, many companies merged or absorbed each other and today the four largest US airlines control 80% of the market. One for Southwest has a fleet of 753 aircraft, each of which averages six flights per day, or approximately 4,000 flights per day, and while it may seem like a lot, the frequency is decreasing across the United States. , this is because something called load factor is increasing, one of the key metrics for airlines.

It's called load factor and this is basically your occupancy, how many seats you have available and what percentage of them are being sold or occupied by passengers, basically that means planes fly at or near full capacity more often and this is a good thing. For airlines and for travelers, some airlines are able to keep fares low because most seats have been sold, which is not always good for passengers, they have ever been the last to board the plane and there is no more space for himluggage on the roof or no leg room because the seats are so close together There are tons of budget airlines around the world, some of the most notable are Ryanair, Norwegian Spirit and Frontier, these companies generally charge more for flights. traditionally included services, such as reserving your seat, while cutting costs wherever they can, this problem of overcrowding is happening to more passengers on airplanes around the world.

If you look at a discount airline, why an airline based in Ireland but flying all over Europe? They are considering putting 200 people on a Boeing 737. This is a plane that some airlines are still flying. with 150,160 passengers that is really full but it maximizes profits and when you fly on an airline like Ryan Air you know exactly what you are going to get, so take that three hundred and twenty dollar flight on Norwegian from New York to London and you don't need anything more than one small piece of carry-on luggage, the fare goes up to four hundred and ninety dollars, two refundable tickets and two checked bags, suddenly here at one thousand three hundred and seventy-nine dollars, that's about a hundred dollars more than the 1977 inflation-adjusted price that It came with all of those extras included as standard and more legroom, and non-economy airlines have seen the potential benefit in this economy model.

More and more airlines are starting to charge hidden fees on top of the ticket price, from checking luggage to simply choosing your seat. However, the right deals and flying may be cheaper than ever, but the original price you saw advertised may be misleading and the experience you get today may not be the most enjoyable as manufacturers continue to cut costs, but the world of cheap fares may not last. Aviation emissions are expected to possibly triple by 2050, and many countries have begun implementing stricter environmental taxes on flying in general. There is little the industry can take away from airfares right now.

They will become much more efficient with airplanes and that will mean less. Burning fuel, but labor cost probably won't decrease. You still need good quality people to fly airplanes and beer stewards.