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Message
re: Price gouging laws predictably lead to shortages
Posted on 8/31/17 at 8:33 am to cwill
Posted on 8/31/17 at 8:33 am to cwill
quote:
Charging $20/gal of gas is not a market reaction, it's a gouge.
There is no such thing as gouging, only the invisible hand. The next guy can charge $10 and the $20 guy will sit there on his stock. Let the market work.
1
Posted on 8/31/17 at 8:41 am to weagle99
Again, other than the overblown stories of gas shortages, what did we run out of in Houston over a 3-4 day period? I'll tell you of one shortage. Bread. You can only buy 2 loaves/trip right now but shipments are moving in today since the roads opened yesterday. Houstonians survived without gouging over a 4 day period. Whew! I'm done with this stupidity. 
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