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Posted on 3/14/20 at 2:44 pm to RogerTheShrubber
quote:
A free market approach? Absolutely. Absense of interference it naturally applies , opinion not necessary.
You agreed with bayoubengals88 earlier in this thread that prices should, and could, change instantaneously.
Love to see that with wages where they’re paid/fluctuate minute by minute.
There’s a reason why prices and wages remain fixed to some extent and it’s not because anyone is anti free market. It’s that they know the cost to allow instant fluctuation with an ultimate return to more fixed prices outweighs that of a more fixed price.
As a marketer, I also understand there’s more to price setting that pure economics.
This post was edited on 3/14/20 at 2:47 pm
Posted on 3/14/20 at 2:46 pm to RogerTheShrubber
quote:
Limiting supply doesn't increase access, Goober.
Well im not talking about pure supply - there was a fixed number of purell bottles at the start of this. So it's really about access.
I am talking about access for purchasers at a price point they can afford. Limiting this sort of run on hoarding to jack up price certainly can increase this.
Also, the inefficiency of this profiteers system in terms of delivery of the necessary product could be a real problem if more people decided to take this approach.
Instead of people going and buying the item immediately and it being used we now have like a week turnaround time for these items to get into the hands of the public.
None of this is good from a public health scenario and you know it.
This post was edited on 3/14/20 at 2:49 pm
Posted on 3/14/20 at 2:48 pm to Sneaky__Sally
Well im not talking about supply. 
A few minutes ago he "wiped supply out of one area" and now his puddly 18k bottles aren't supply?
A few minutes ago he "wiped supply out of one area" and now his puddly 18k bottles aren't supply?
Posted on 3/14/20 at 2:51 pm to RogerTheShrubber
quote:
It's called "Economics." It's nor an opinion.
Roger, seems you have been pulled away from our discourse. As you’ve so vehemently demonstrated you are the clearcut board expert on economics here, and I want to learn.
Could you please get back to me on our discussion of what would happen to water without any regulation. I laid out what I thought would happen (page 9) but I’d love for you to dissect my example and tell me what would really happen
Posted on 3/14/20 at 2:53 pm to Sneaky__Sally
quote:
Also, the inefficiency of this profiteers system in terms of delivery of the necessary product could be a real problem if more people decided to take this approach.
"Gougers" deserve a medal
This post was edited on 3/14/20 at 2:54 pm
Posted on 3/14/20 at 2:54 pm to RogerTheShrubber
One was a discussion of small local / rural supply.
Another was a national / global supply consideration.
Another was a national / global supply consideration.
Posted on 3/14/20 at 2:55 pm to RogerTheShrubber
That's twice you've cited liberals, a group you claim to hate
Posted on 3/14/20 at 2:56 pm to RogerTheShrubber
The subject example in your article was creating supply in a needy area.
This person was not.
This person was not.
This post was edited on 3/14/20 at 2:57 pm
Posted on 3/14/20 at 2:58 pm to Sneaky__Sally
quote:
One was a discussion of small local / rural supply.
Another was a national / global supply consideration.
This is fascinating, since rural areas can order from Amazon and supply isn't limited to their area.
Posted on 3/14/20 at 3:00 pm to Pecker
I’ll go toe to toe with you on an intelligence test any day Pecker.
Line it up!
Line it up!
Posted on 3/14/20 at 3:01 pm to RogerTheShrubber
Ok but if they are sold out, order it and there is still nothing on the shelves? What would be the supply available in that store / area?
Posted on 3/14/20 at 3:01 pm to Pecker
You’re right, strictly speaking from a free market economic standpoint. But people don’t get it.
Posted on 3/14/20 at 3:01 pm to RogerTheShrubber
quote:
Just curious. Do you believe this should apply to wages as well?
A free market approach? Absolutely.
Absense of interference it naturally applies
Oh man, just wait until nurses threaten to quit en massé. They’ll be the new millionaire class.
Posted on 3/14/20 at 3:05 pm to RogerTheShrubber
quote:
There's no such thing as price gouging.
Based on the statutes that precisely define price gouging, it appears that 34 state legislatures (including Tennessee’s) disagree with you. In fact, the Tennessee legislature believes in price gouging so much that it enacted a $1k-$3k civil penalty for each violation.
This post was edited on 3/14/20 at 3:06 pm
Posted on 3/14/20 at 3:06 pm to Sneaky__Sally
quote:
Ok but if they are sold out, order it and there is still nothing on the shelves? What would be the supply available in that store / area?
Order online
The global market where at least 18k bottles of hand sanitizer was at least Available for a while.
Posted on 3/14/20 at 3:08 pm to RogerTheShrubber
Online was sold out, unless you think he chose to drive across several counties for purell when amazon was still selling lol.
Sometimes it helps to think things through.
And again, you are ignoring the whole price point and general access for public health considerations ideas.
But we can just move along, I think we have covered all the necessary points by now
Sometimes it helps to think things through.
And again, you are ignoring the whole price point and general access for public health considerations ideas.
But we can just move along, I think we have covered all the necessary points by now
This post was edited on 3/14/20 at 3:10 pm
Posted on 3/14/20 at 3:08 pm to RogerTheShrubber
quote:Because preparing for a Cat 5 hurricane vs preparing for a pandemic is two entirely different things. For starters, the reason why everybody stocks up for a hurricane is to anticipate the loss of power, flooding, trees blocking roadways, buildings destroyed with no power, generators needing gas with limited supply being that interstates are blocked and no power for gas stations, etc.
In 2005 Louisiana learned this shite happens frequently. Having a few weeks supply should be the norm.
What makes you think preparing for a disease is any different than any other disaster? Do you stockpile meds?
There really was no reason at all to "stock up" for this thing, since they're more than likely not going to shut the whole city down (including stores). To stock up on hand sanitizer and cleaning supplies, ok. I get that. But there was no reason in the world to buy cases and cases of water and toilet paper and food for a month. If you did, you did it because you felt like you were overcompensating and that helped with anxiety behind it.
And don't talk to me as though I'm a fricking retard. Yes, I know to stock up on meds and all the other things. Again, no reason to do that with this pandemic. They're not going to shut the pharmacies and grocery stores down for weeks at a time, just to be on the safe side. They can't. Stores would go out of business, people who work in them would not be able to pay their bills. There's just no way you could shut it all down like that. Put up a curfew, yes. Shut it down completely and make Baton Rouge area a ghosttown, not happening.
Posted on 3/14/20 at 3:09 pm to Stiles
quote:
Oh man, just wait until nurses threaten to quit en massé. They’ll be the new millionaire class
Yeah because in between nothing and a million is ...nothing?
The supply of labor will decide the price. I somehow imagine nurses will go back to work for much less.
Posted on 3/14/20 at 3:11 pm to RealityTiger
quote:
Because preparing for a Cat 5 hurricane vs preparing for a pandemic is two entirely different things.
The aftermath, absolutely no different. Except you may have electricity.
Always keep a two weed supply of things.
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