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re: "Price Gouging" during a disaster: Good or Bad
Posted on 9/1/17 at 7:08 pm to 50_Tiger
Posted on 9/1/17 at 7:08 pm to 50_Tiger
quote:
DO you really think if they could afford 100 dollar water they would of got out of town to a hotel in another city per say?
Multiple issues to talk about here.
Those that are poor are generally the ones that will be sent to shelters because they do not have the means to get out of a crises situation and nowhere to go. These people will be provided for via government entities and charity so nothing changes for them.
These people can't influence the market.
The market influences regarding scarcities will be effected by those with resources.
This post was edited on 9/1/17 at 7:12 pm
1
Posted on 9/1/17 at 7:12 pm to Scoop
I can assure you there are more people making less than 35k who cant afford 100 water than there are folks making more than 35k who can.
And that's assuming that folks making over 35k have access to their funds.
You can't just send 50k people to a shelter either. Remember the Superdome?
And that's assuming that folks making over 35k have access to their funds.
You can't just send 50k people to a shelter either. Remember the Superdome?
Posted on 9/1/17 at 7:13 pm to Scoop
I called our attorney general several times over some assholes after Katrina
Posted on 9/1/17 at 7:15 pm to CorkSoaker
I give up.
There are some people here that get it but over-run by those that don't
There are some people here that get it but over-run by those that don't
Posted on 9/1/17 at 7:16 pm to Scoop
quote:
I give up.
There are some people here that get it but over-run by those that don't
Theoretically your premise holds up, but I can assure you in a real world application it won't.
In fact, show me one time it has.
Posted on 9/1/17 at 7:23 pm to Scoop
"Price Gouging"
It's a bunch of stupid nonsense. If it's worth it to you then pay the price, if not then don't. But everybody feels entitled to what they need in an emergency at the same price. It doesn't work like that.
Example - ice after a hurricane when the roads are trashed and there is no power for 200 miles. Who is going to bring in ice and sell it for the same price as normal? Nobody. Screw that, let the price rise because it costs more to deliver and ice will start showing up for sale. The alternative is that the price remains the same and it's not available.
Screw Populism.
It's a bunch of stupid nonsense. If it's worth it to you then pay the price, if not then don't. But everybody feels entitled to what they need in an emergency at the same price. It doesn't work like that.
Example - ice after a hurricane when the roads are trashed and there is no power for 200 miles. Who is going to bring in ice and sell it for the same price as normal? Nobody. Screw that, let the price rise because it costs more to deliver and ice will start showing up for sale. The alternative is that the price remains the same and it's not available.
Screw Populism.
Posted on 9/1/17 at 7:27 pm to Scoop
You win..I hope all the meat you grill this glorious Labor Day is dry and burnt.
Posted on 9/1/17 at 7:37 pm to Scoop
quote:
Thought maybe the OT could have an interesting discussion about this.
The OT has a five page thread where a guy is unsure if buying 4 tires ar a time is a good thing or not and you think we can handle a debate in macroeconomics?
Posted on 9/1/17 at 7:40 pm to Tigris
Price gouging is actually called free market capitalism. The fact that the government can attempt to prosecute someone for choosing to sell something at a price the government deems exhorbinate is pathetic.
Capitalism hurts feelings sometimes. Boo boo.
Capitalism hurts feelings sometimes. Boo boo.
Posted on 9/1/17 at 7:41 pm to Tigris
quote:
Example - ice after a hurricane when the roads are trashed and there is no power for 200 miles. Who is going to bring in ice and sell it for the same price as normal? Nobody. Screw that, let the price rise because it costs more to deliver and ice will start showing up for sale. The alternative is that the price remains the same and it's not available.
That's not what we're discussing in this thread.
Charging more because of your increased cost =/= charging more for a case of water that has been sitting on your shelf for 3 weeks.
Posted on 9/1/17 at 7:42 pm to BPTiger
quote:
at a price the government deems exhorbinate is pathetic.
You made this word up to try and trigger some people.
Posted on 9/1/17 at 7:44 pm to 50_Tiger
quote:
Theoretically your premise holds up, but I can assure you in a real world application it won't.
In fact, show me one time it has.
I bet you if gas prices were raised, that guy who can't get a drop in his zip code because of hoarders would not have to drive across town for gas right now.
Posted on 9/1/17 at 7:48 pm to magildachunks
Did you not see the 10 dollar gas station picture Restomod posted in the other thread?
Still packed
Still packed
Posted on 9/1/17 at 7:50 pm to Scoop
I would happily pay $10 a gallon right now if it meant keeping the riff raff away.
Just got home, you would never know there was a shortage in cent tx with the amount of fricking cars on the road
Just got home, you would never know there was a shortage in cent tx with the amount of fricking cars on the road
Posted on 9/1/17 at 7:50 pm to 50_Tiger
quote:
Did you not see the 10 dollar gas station picture Restomod posted in the other thread? Still packed
Because they still have gas.
Nobody is filling up 40 gallon garbage cans or giant propane tanks with the gas at those prices.
Posted on 9/1/17 at 7:54 pm to Scoop
Limit per customer would achieve the same goal with less bad PR.
Posted on 9/1/17 at 7:55 pm to magildachunks
I firmly believe people would drive the same amount if gas was constantly to $10/gallon.
People have it easy.
Then when you bitch about bikes being so expensive for something with 2 wheels, I'll gladly sell you my used shite for 10x the price I originally paid.
Supply and demand yeah?
People have it easy.
Then when you bitch about bikes being so expensive for something with 2 wheels, I'll gladly sell you my used shite for 10x the price I originally paid.
Supply and demand yeah?
Posted on 9/1/17 at 7:56 pm to Bestbank Tiger
quote:
Limit per customer would achieve the same goal with less bad PR.
That should be the choice of the seller, not the govt
Posted on 9/1/17 at 7:57 pm to ThatMakesSense
quote:
I firmly believe people would drive the same amount if gas was constantly to $10/gallon. People have it easy. Then when you bitch about bikes being so expensive for something with 2 wheels, I'll gladly sell you my used shite for 10x the price I originally paid. Supply and demand yeah?
What are you trying to say?
Posted on 9/1/17 at 8:03 pm to magildachunks
It's my choice as a seller to have competitive advantage.
There will always be some jackoff that would buy 100 gallons of gasoline at $10/gallon.
The same holds true for morons wanting their luxury of gas and getting around. As being shown currently. You have two legs. Get to walking. Or don't go.
There will always be some jackoff that would buy 100 gallons of gasoline at $10/gallon.
The same holds true for morons wanting their luxury of gas and getting around. As being shown currently. You have two legs. Get to walking. Or don't go.
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