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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 12:41 pm to
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
27972 posts
Posted on 5/13/21 at 12:41 pm to
quote:

There’s a severe housing shortage right now. Should the government set prices on those too, comrade?

lulz, You just skipped right over the words 'seldom used'.

If you crypto enthusiasts woke up to a monthly energy bill of $3500, you'd scream and cry to the govt to intervene. Because mining would have to stop immediately. Indefinitely

Just like Texans did when they got their non controlled bills, following the ice storm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/13/21 at 12:43 pm to
quote:

You just skipped right over the words 'seldom used
You must have missed where we asked you how you define “seldom” and under what criteria the government m would set prices. Honest oversight on your part I’m sure.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 5/13/21 at 12:44 pm to
I don’t think you understand how capitalism works and how supply and demand works to avoid shortages

In your system the first few idiot hoarders would get all the gas and everyone else would be SOL. By allowing prices to rise, hoarders will think twice which allows for more people to get gas
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35558 posts
Posted on 5/13/21 at 1:34 pm to
quote:

lulz, You just skipped right over the words 'seldom used'.


You weren’t smart enough to understand my post. Tough scene.
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