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Why Price Gouging Isn’t Always A Bad Thing
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Rob - 03:08pm on 08/30/2008
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Rob: Higher prices during a supply shortage isn’t “price gouging”, it’s the signal to produce more supply.
Two basic transaction rules:

One: All transactions are voluntary in our system.

Two: Things are worth what people are willing to pay for them, in our system.

robert108 - 04:08pm on 08/30/2008

Nutterism 101.

realitybasedbob - 04:08pm on 08/30/2008

It’s actually Econ 101, rbb; it’s called the Law of Supply and Demand, where price is the rationing factor.  I know it’s beyond your pay grade(and IQ).

robert108 - 04:08pm on 08/30/2008

Just another demonstration of how removed from understanding reality, “reality based” goofballs like RBB are.

Carrick - 04:08pm on 08/30/2008

Nutterism 101: E Pluribus Screwem

realitybasedbob - 04:08pm on 08/30/2008

translation:

“My name is realitybasedbob and I’m so fucking stupid somebody has to tie my shoes for me”.

Get an education, noob.  Then you wouldn’t look so fucking stupid when somebody talks about basic economics.

Carrick - 04:08pm on 08/30/2008

Nutterism 101: E Pluribus Screwem

Wrong.  That’s Marxism.  It’s also E Pluribus Kill’em.(over 100 million killed by Marxism)

robert108 - 04:08pm on 08/30/2008

Closer to 150 million when you count Mao and Uncle Joe’s totals I think.

Carrick - 04:08pm on 08/30/2008

First, price gouging during natural disasters is a finger in the eye to everyday people. Instead of sharing the basic necessities with everyone in need (fellow Americans – your neighbors who support your business during the year), rich customers can come in and buy up everything so that people just barely getting by find either nothing on the shelves or by necessity, pay the gougers greed.

Price gougers are Anti American scumbags on a rung just below terrorists.

When the hurricane comes you are out of potable water and your child needs milk just remember: “If you can’t afford it you don’t deserve it.”

Filthy scumbag.

realitybasedbob - 04:08pm on 08/30/2008

People operate out of self interest.  It’s a basic fact of human nature that even you follow, as is demonstrated by your daily shilling for the Democratic party…

Carrick - 05:08pm on 08/30/2008
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