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re: Coronavirus price gouger stuck with 18,000 bottles of sanitizers after Amazon bans him
Posted on 3/14/20 at 1:57 pm to wadewilson
Posted on 3/14/20 at 1:57 pm to wadewilson
quote:
What these guys did is remove the supply from their geographic area and put it all in one place,
Smart move.
Your theory falls apart as we've move beyond 1950s supply chains and people can generally get anything they want with a little patience.
Panic buying = Stupid people. These people pay higher prices all the time because they're never prepared.
1
Posted on 3/14/20 at 1:58 pm to Unknown_Poster
quote:
Pot meet kettle. Most of the south is below average.
I grew up in New Hampshire and have a degree in engineering and an MBA. I’m sorry about your current situation and upbringing but I simply don’t think I’ll be able to get through to you due to your obvious limitations. 
Posted on 3/14/20 at 1:58 pm to RogerTheShrubber
quote:
More competition means lower pricing.
This guy's is literally doing the exact opposite.
Posted on 3/14/20 at 1:59 pm to Pecker
quote:
I grew up in New Hampshire and have a degree in engineering and an MBA. I’m sorry about your current situation and upbringing but I simply don’t think I’ll be able to get through to you due to your obvious limitations.
But still went to UT? Is that like the Harvard of the south? Please don't brag about that education.
Posted on 3/14/20 at 1:59 pm to Sneaky__Sally
quote:
Not some a-hole who is going to hoard them and sell then off for insane mark ups.
He's an a-hole because you're not prepared with a couple of weeks supply of stuff anyway.
Populism in a nutshell. Blame others for your shortcomings.
Posted on 3/14/20 at 1:59 pm to wadewilson
quote:Excessive or unfair as determined by what?
excessive or unfair profit
Posted on 3/14/20 at 2:00 pm to RogerTheShrubber
For someone who seems to pride themselves on self-reliance it's kind of odd you've embraced technology and society so much you have 180-fricking-thousands posts on an internet message forum.
Posted on 3/14/20 at 2:00 pm to RogerTheShrubber
quote:
He's an a-hole because you're not prepared with a couple of weeks supply of stuff anyway.
There's no way you actually believe all this crap you type
Posted on 3/14/20 at 2:01 pm to wadewilson
quote:
excessive or unfair profit,
It's not excessive or unfair if you agree to buy it. If the value of a bottle is $70 to you, it's a fair price.
Good god
Posted on 3/14/20 at 2:01 pm to RogerTheShrubber
Roger, many of us understand economics and took micro and macro in college. That’s not what we’re arguing. We’re arguing the fact that what this numbnuts did was shitty. Plain and simple. I know some of you (not you but some of the other hotshots) in this thread are either in school or fresh out, and feel the need to “dazzle” us with their business school elective knowledge. But what has been completely missed in the world of principles is common sense. It’s a rookie mistake. It’s the way a fresh college grad thinks, until he/she grows up a little bit.
Posted on 3/14/20 at 2:01 pm to RogerTheShrubber
This guy literally created the shortage you’re blaming other people for not predicting
You don’t even understand basic market principles because this isn’t a natural scarcity, it’s a scam that some piece of shite is running and you’re defending it out of some feigned commitment to The Free Market.
You don’t even understand basic market principles because this isn’t a natural scarcity, it’s a scam that some piece of shite is running and you’re defending it out of some feigned commitment to The Free Market.
Posted on 3/14/20 at 2:02 pm to Unknown_Poster
quote:
But still went to UT? Is that like the Harvard of the south? Please don't brag about that education.
I moved to TN while in high school. I don’t need any information from you to tell that you have a limited understanding of basic economic principles. Which is what this entire discussion was about.
Posted on 3/14/20 at 2:03 pm to RogerTheShrubber
He is an ahole because he is limiting access to an item when can help mitigate the spread of disease. I have purell and tp at home.
Honestly do you think spouting a couple econ101 makes you sound smart? Or are actually such a child tou subscribe to a "100% capitalism/ the market is always right" worldview?
I hope you are just going for some edgy troll or something
Honestly do you think spouting a couple econ101 makes you sound smart? Or are actually such a child tou subscribe to a "100% capitalism/ the market is always right" worldview?
I hope you are just going for some edgy troll or something
Posted on 3/14/20 at 2:04 pm to Pecker
quote:
Which is what this entire discussion was about.
It's the straw men you switched the discussion to be about... but still ended up failing. Keep trying.
Posted on 3/14/20 at 2:05 pm to Damone
quote:
Deliberately creating a shortage like this POS did is not a matter of supply and demand like the free market worshipers like to spout off.
I consider it on par with looting
Posted on 3/14/20 at 2:05 pm to RogerTheShrubber
quote:
Smart move.
Your theory falls apart as we've move beyond 1950s supply chains and people can generally get anything they want with a little patience.
Panic buying = Stupid people. These people pay higher prices all the time because they're never prepared.
Okay. We've got two separate issues here. You're intertwining them to strengthen your classroom argument.
Yes, panic buying is stupid and counterproductive. Retail fronts can proactively limit this by restricting quantities of certain items per customer once they see a panic buy going off. This will also save them from having to fire sell a metric ton of toilet paper when this craze passes over.
This specific story we're talking about is two guys destroying the supply of toilet paper and hand sanitizer in the few counties surrounding them specifically so they can put it online and price gouge. Who cares if they can sell it, they've just removed the supply from their neighbors. If Bo down the street wants to buy a 4 pack of toilet paper and a case of beer, he can't. He can get online and get it delivered in two days, sure, but if everybody does the same thing our two assclowns did, his price options are going to be limited.
This post was edited on 3/14/20 at 2:06 pm
Posted on 3/14/20 at 2:05 pm to rickgrimes
quote:
“It’s been a huge amount of whiplash,” he said. “From being in a situation where what I’ve got coming and going could potentially put my family in a really good place financially to ‘What the heck am I going to do with all of this?’”
Personally, I recommend he drink it and help the world out a bit.
Posted on 3/14/20 at 2:05 pm to Damone
quote:
This guy literally created the shortage you’re blaming other people for not predicting
You don’t even understand basic market principles because this isn’t a natural scarcity, it’s a scam that some piece of shite is running and you’re defending it out of some feigned commitment to The Free Market.
I live in Chattanooga where this guy bought all that shite. There’s a shortage of everything right now. I think the guy is a moron but Amazon isn’t making this better by banning him for selling it at an “unfair” price, which doesn’t even make sense right now. Let him sell it.
Posted on 3/14/20 at 2:06 pm to rickgrimes
It sounds terrible on the surface but this is a good thing. The increased prices incentive others to sell/produce more hand sanitizer, therefore, creating a safer society. Eventually, the prices will come back down as more sanitizer is in the market.
I guarantee Amazon prices their products to maximize profits and as demand increases for their product, they increase the price.
I guarantee Amazon prices their products to maximize profits and as demand increases for their product, they increase the price.
Posted on 3/14/20 at 2:06 pm to phunkatron
quote:
This guy's is literally doing the exact opposite.
Good for him, that's how you get money from dumb people.
You can order that shite online today. Some people are impatient.
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