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Started By
Message
Should price gouging be allowed?
Posted on 9/1/21 at 2:16 pm
Posted on 9/1/21 at 2:16 pm
Would that help stop people from panic buying and hoarding or would that not do anything and people would still pay regardless of the price? But then I understand how low income would be hurt and necessities would only be for the rich.
24
Posted on 9/1/21 at 2:18 pm to bdavids09
Yes. It prevents Tammy Lynn from buying a metric ton of TP at the beginning of covid based on a Facebook meme.
This post was edited on 9/1/21 at 2:19 pm
Posted on 9/1/21 at 2:21 pm to bdavids09
If it costs you twice as much to get the products you sell, why should you have to eat the extra costs?
Posted on 9/1/21 at 2:22 pm to upgrayedd
(no message)
This post was edited on 10/18/21 at 11:20 pm
Posted on 9/1/21 at 2:23 pm to bdavids09
quote:
Would that help stop people from panic buying and hoarding or would that not do anything and people would still pay regardless of the price? But then I understand how low income would be hurt and necessities would only be for the rich.
price gouging ensures people dont over buy. and its not price gouging. its supply and demand.
it is actualyl a good thing and a market force that ensures everyone can get some and certain people cant or wont buy it all.
Posted on 9/1/21 at 2:24 pm to bdavids09
In theory yes because it is supply and demand, but when there is a disaster and people need supplies I don't think that should be exploited.
Posted on 9/1/21 at 2:27 pm to bdavids09
If you are trying to buy much needed supplies directly after a catastrophic event has occurred then yeah expect to pay a insanely marked up price.
You have no reason to bitch at that time.
You have no reason to bitch at that time.
Posted on 9/1/21 at 2:27 pm to OweO
If I buy 10 generators in Memphis and bring them to BR and sell them at twice the retail value, is that price gouging?
Posted on 9/1/21 at 2:34 pm to OweO
quote:
In theory yes because it is supply and demand, but when there is a disaster and people need supplies I don't think that should be exploited.
When people need more supplies than are available, what method to you propose to decide who gets the limited supplies?
Posted on 9/1/21 at 2:40 pm to Displaced
quote:This. It also prevents Tammy from buying all the TP and flipping it to desperate neighbors through black market sales.
Yes. It prevents Tammy Lynn from buying a metric ton of TP at the beginning of covid based on a Facebook meme.
Posted on 9/1/21 at 2:43 pm to Jack Bauers HnK
quote:
When people need more supplies than are available, what method to you propose to decide who gets the limited supplies?
Posted on 9/1/21 at 2:43 pm to bdavids09
Price gouging - absolutely not and borderline sociopathic in times like these.
Limiting the amount one can purchase in one trip is the way to go when supplies are limited. A little bit for everyone instead of all for few.
Limiting the amount one can purchase in one trip is the way to go when supplies are limited. A little bit for everyone instead of all for few.
Posted on 9/1/21 at 2:44 pm to bdavids09
In areas of government mandated evacuation? No.
All other areas/times? Yes.
Especially now days that everyone has access to multiple social media venues; if some business owner wants to really frick the local community over during a time of crisis, then let that guy have it and hurt his business down the road.
All other areas/times? Yes.
Especially now days that everyone has access to multiple social media venues; if some business owner wants to really frick the local community over during a time of crisis, then let that guy have it and hurt his business down the road.
Posted on 9/1/21 at 2:45 pm to bdavids09
after hurricane Rita my brother and I were selling the leftover beer from my sister's wedding for $100 a case. sold the hell out of em
Posted on 9/1/21 at 2:46 pm to bdavids09
Absolutely. If you want products and services flowing.
Posted on 9/1/21 at 2:48 pm to bdavids09
Price gouging during an emergency is illegal in Louisiana. Report it to the local police.
Posted on 9/1/21 at 2:51 pm to upgrayedd
quote:
If I buy 10 generators in Memphis and bring them to BR and sell them at twice the retail value, is that price gouging?
No not if you had to spend your gas money to get it down to an area with damaged infrastructure and you can fairly quantify your pricing.
This post was edited on 9/1/21 at 2:52 pm
Posted on 9/1/21 at 2:52 pm to lockthevaught
Let me change my answer. Anyone looking to make a quick buck off the misfortune of others during times like these is a scumbag piece of shite, full stop.
Posted on 9/1/21 at 2:53 pm to Harry Caray
quote:
Anyone looking to make a quick buck off the misfortune of others during times like these is a scumbag piece of shite, full stop.
You should have been prepared. Now, it costs you.
Without a high profit margin, these services would not be available. So you can pay more, or do without.
Posted on 9/1/21 at 2:54 pm to RogerTheShrubber
quote:Everyone in Baton Rouge right now who needs gasoline for their generators was "prepared," you scumbag piece of shite
You should have been prepared. Now, it costs you.
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