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re: Price gouging in a temporary supply crunch like the Colonial situation should be allowed
Posted on 5/13/21 at 12:17 pm to RobbBobb
Posted on 5/13/21 at 12:17 pm to RobbBobb
quote:
This made sense to you?
A single mother with 3 kids, buys gas at $2.55 to go to work everyday. Without warning a pipeline goes down. Immediately every station in town goes to $10 to curb hoarding.
Guess what? The most desperate among us cant shell out $10 for gas, while she waits for the pipeline to come back on line. Her kids dont eat very well, if she does that
So do you want government price controls on everything, or just certain things?
Posted on 5/13/21 at 12:27 pm to Chucktown_Badger
quote:
So do you want government price controls on everything, or just certain things?
I want price controls to be a seldom used arrow in the arsenal. Because it keeps (say a Mitt Romney hedge fund type) from forcing a shortage, as a reason jack prices up, in order to make bank. Off a false narrative that they created as a way to make bank
This is exactly how Soros operates. Creates runs, and shorts, then banks the money
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