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re: Price gouging laws predictably lead to shortages

Posted on 8/31/17 at 12:49 pm to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
90906 posts
Posted on 8/31/17 at 12:49 pm to
quote:

Wouldn't that be shifting the costs onto other taxpayers?


It is, but buying emergency supplies at cost, with no other expenses associated with storage, transportation and distribution is a pretty good deal.

Most of the actual cost will be picked up by the insurer - which is shifting the cost onto other policy holders (as it should be).

Like I said, you can't do that all the time, but you can make extraordinary gestures during extraordinary times.
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