a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by snoodog
snoodog  ·  2256 days ago  ·  link  ·    ·  parent  ·  post: Three Cheers for Price Gouging During Hurricane Florence

Ok fine I guess everyone can sit without power then because equality. You will get your water and chainsaws whenever the normal supply chain feels like delivering it because merchants can’t raise prices to cover expediting an order.

If a guy drove to an adjacent state, bought up a bunch of generators and brought them back that’s just good business and now there are 19 more generators available than there would be otherwise. He might be gouging if had 19 in stock for months , waited till the hurricane them marked them up 200% but even that should be fair game.

That’s the joy of a command economy, It doesn’t matter how much money you have, you can’t buy anything on the normal market. Black market is the only option