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Started By
Message
FBI Raids Brooklyn NY Man For Hoarding 5,000 Boxes Of N95 Masks & Selling At 700% Markup
Posted on 3/31/20 at 10:07 pm
Posted on 3/31/20 at 10:07 pm
quote:
"A New York man coughed on FBI agents and claimed he has the coronavirus on Monday as they arrested him for allegedly lying about the sale of $12,000 worth of medical supplies. Authorities say Baruch Feldheim, 43, of Brooklyn allegedly sold much-needed supplies such as N95 respirators and other personal protective equipment to a New Jersey doctor at 700% markup of their original price.
LINK
29
Posted on 3/31/20 at 10:08 pm to John88
Good, frick that guy
I’m ALL about the free market, but price gouging is downright reprehensible
I’m ALL about the free market, but price gouging is downright reprehensible
Posted on 3/31/20 at 10:09 pm to John88
Sounds like a good old Son of Ireland!
Posted on 3/31/20 at 10:11 pm to John88
the time to buy is when there's blood in the streets
Posted on 3/31/20 at 10:12 pm to John88
Sure arrest this guy. When Pfizer does it, it's just business.
Posted on 3/31/20 at 10:12 pm to John88
quote:so terrorism on top of other charges
"A New York man coughed on FBI agents and claimed he has the coronavirus
Posted on 3/31/20 at 10:13 pm to 225bred
quote:
I’m ALL about the free market, but
Here comes the “it’s free market because people are willing to pay the highest price ” school of thoughts.
Posted on 3/31/20 at 10:13 pm to 225bred
(no message)
This post was edited on 1/11/21 at 1:11 am
Posted on 3/31/20 at 10:15 pm to John88
Get ready for the "no such thing as price gouging" tards in 3...2...1..
Posted on 3/31/20 at 10:15 pm to John88
quote:
Baruch Feldheim
Posted on 3/31/20 at 10:15 pm to PeteRose
quote:
Here comes the “it’s free market because people are willing to pay the highest price ” school of thoughts.
Econ 101 says this is the rule of supply and demand
Posted on 3/31/20 at 10:18 pm to Thib-a-doe Tiger
Econ 101 assumes consumers are rational. If you took Econ 2 you would have learned about market externalities
Posted on 3/31/20 at 10:19 pm to ClampClampington
Only Econ 101 was required at pipe fabricating school
Posted on 3/31/20 at 10:20 pm to ClampClampington
quote:
Econ 101 assumes consumers are rational. If you took Econ 2 you would have learned about market externalities
I have an MBA. I took a lot of Econs
Posted on 3/31/20 at 10:20 pm to ClampClampington
Negative. That's macro econ.
You're thinking of 1021.
You're thinking of 1021.
Posted on 3/31/20 at 10:20 pm to ellishughtiger
That's become very apparent on this boardPosted on 3/31/20 at 10:21 pm to ClampClampington
quote:
Econ 101 assumes consumers are rational. If you took Econ 2 you would have learned about market externalities
And externalities aren’t illegal. Every sale made affects the FMV of the goods
I think it’s a shitty thing what the guy did, I’m just not sure it should be illegal
Posted on 3/31/20 at 10:22 pm to X123F45
Do you even CEBA, bro?
Posted on 3/31/20 at 10:23 pm to ClampClampington
The number of supposedly educated people whom are unable to grasp simple rules for gathering data is what astounds me.
Why?
Because the pipefitters oddly seem to intrinsically get it.
Why?
Because the pipefitters oddly seem to intrinsically get it.
This post was edited on 4/1/20 at 1:10 pm
Posted on 3/31/20 at 10:24 pm to efrad
I’d have less of a problem if it wasn’t artificial scarcity causing the supply unable to meet demand.
You wouldn’t salute the free market if someone bought all gasoline in a 100 mile radius, selling at a massive premium and buying our every shipment of gas moving in.
You wouldn’t salute the free market if someone bought all gasoline in a 100 mile radius, selling at a massive premium and buying our every shipment of gas moving in.
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