By Edward Nawotka
In our lead story, I asserted that perpetual big discounts offered on books by retailers, whether bricks or clicks, dedicated booksellers or not, ultimately lead to asset devaluation. I argue that book buyers are being becoming accustomed to never paying full price for books—something that is likely only to to only become more entrenched in our psyches as long as the economy continues to waver. In the long run, this is essentially asset devaluation.
What do you think? Agree, disagree? Let us know in the comments below or on Twitter using the hashtag #ppbonus.