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re: $99 for a case of water: Texas officials report price gouging post-Harvey

Posted on 9/1/17 at 10:09 am to
Posted by cas4t
Member since Jan 2010
70972 posts
Posted on 9/1/17 at 10:09 am to
quote:



Number one free market principle: people will always do what's best for themselves. Therefore, if you allow price gouging, the suppliers will hear about the available profit, and send more supply.


we are talking about a matter of days. We are also talking about many people who do not have access to funds, for obvious reasons. Not to mention logistical concerns with sending more supply.
Posted by TeddyPadillac
Member since Dec 2010
25939 posts
Posted on 9/1/17 at 10:12 am to
If i came across someone selling a case of water for $100, i'd simply give them $10, tell them to go frick themselves, and take the case of water. I'll gladly break their nose if they try to take it back from me.
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