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re: Coronavirus price gouger stuck with 18,000 bottles of sanitizers after Amazon bans him

Posted on 3/14/20 at 12:16 pm to
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 3/14/20 at 12:16 pm to
quote:

If the stores would have increased prices appropriately people like him would not exist. His venture would have been made impossible.

Price gouging is not real. It’s a necessary component of capitalism so that all who need a product can have access to it.
This is correct. Most people have problems understanding scarcity and microeconomics. You're going to have a tough time selling this here.
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 3/14/20 at 12:17 pm to
That’s ok. Simpletons entertain me.
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 3/14/20 at 12:19 pm to
quote:

You're going to have a tough time selling this here.
All they need to do is go on a search for toilet paper. It’s all gone because it was all too cheap. It’s so easy to see.
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