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Started By
Message
Price gouging in a temporary supply crunch like the Colonial situation should be allowed
Posted on 5/13/21 at 11:39 am
Posted on 5/13/21 at 11:39 am
Price gouging and/or rations should be allowed in a time like this - I couldn’t fit rationing in the title. The amount of idiots filling up every tank they can find is ridiculous. People that need it are struggling to find it because of these fools, and the panic just breeds more panic. I’d rather pay $4/gallon and/or only get 8 gallons at a time than get nothing at all.
/rant.
/rant.
16
Posted on 5/13/21 at 11:43 am to slackster
I just watched the president's speech and he said he has federal agencies watching for price gouging. What can the feds do if some gas station wants to charge $20 a gallon? I didn't know the price of gas was federally controlled.
Posted on 5/13/21 at 11:43 am to slackster
terrible take from slackster #455
Posted on 5/13/21 at 11:45 am to RobbBobb
quote:
terrible take from slackster #455
Nice counter. Didn’t realize you were a socialist.
Posted on 5/13/21 at 11:46 am to slackster
I actually get your point but what do you expect? With todays social media and fear tactics its inevitable. Once it hits the news it spreads like wildfire.
Posted on 5/13/21 at 11:53 am to slackster
Price controls lead to shortages
You either allow gouging or you have shortages.
You either allow gouging or you have shortages.
Posted on 5/13/21 at 11:54 am to JDPndahizzy
I gotta agree with slackster. Free markets.
Posted on 5/13/21 at 11:59 am to slackster
I had a friend who was banned from this board for saying the same thing. You are correct. It would prevent hoarding and provide means for the most desperate among us to have access to supply. Too much sky screaming these days to allow markets to work and everybody in this country is dirt poor and can't pay for higher gas prices when there's an imbalance.
Posted on 5/13/21 at 12:04 pm to wutangfinancial
quote:
I had a friend who was banned from this board for saying the same thing.
Ol boy was taking pride in price gouging after a hurricane. It was a little different.
Posted on 5/13/21 at 12:07 pm to wutangfinancial
quote:
It would prevent hoarding and provide means for the most desperate among us to have access to supply.
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
Posted on 5/13/21 at 12:10 pm to slackster
quote:And she won’t get any if Billy Bob loads up all his 250 gallon trailer tanks because it’s still $2.50/gal
Guess what? The most desperate among us cant shell out $10 for gas
This post was edited on 5/13/21 at 12:11 pm
Posted on 5/13/21 at 12:10 pm to slackster
Rational versus Emotional response.
I agree with your post even if publicly unpopular.
I agree with your post even if publicly unpopular.
This post was edited on 5/13/21 at 1:11 pm
Posted on 5/13/21 at 12:15 pm to RobbBobb
quote:
A single mother with 3 kids, buys gas at $2.55 to go to work everyday.
Thank you for proving my point
Now the single mom has no way to get to work and she doesn't get paid because she's hourly and instead of staying afloat with higher prices she is in the hole while she's stuck without gas.
I can make up emotional scenarios on a whim, too.
Posted on 5/13/21 at 12:16 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
Your desperate single mom can maybe only afford a third of a tank with gouging, and maybe she can still get to work a few more days before running out.
Or there’s no gouging and the supply runs completely dry because of retard hoarders and she can’t get to work at all
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 12:19 pm to jimbeam
quote:
And she won’t get any if Billy Bob loads up all his 250 gallon trailer tanks because it’s still $2.50/gal
Took this yesterday while I picked up 10 gallons while on E.
Posted on 5/13/21 at 12:20 pm to JohnnyKilroy
quote:
only afford a third of a tank with gouging,
A third of a tank is about 7 gallons or $70. Thats about 2 days of work in La at min. wage, after taxes etc.
So what the hell does it even matter if she can get to work those 2 days? Shes not 1 penny better off. Its far, far better to sit at home with no gas, and not pay for day care
Posted on 5/13/21 at 12:24 pm to lynxcat
quote:
publicly unpopular.
Should be my tag line.
Posted on 5/13/21 at 12:25 pm to RobbBobb
quote:
RobbBobb
you didn't answer my question.
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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