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re: "Price Gouging" during a disaster: Good or Bad
Posted on 9/1/17 at 6:17 pm to Scoop
Posted on 9/1/17 at 6:17 pm to Scoop
It's bad IMO.... from just being a human with nothing much left and you pull up to a store that may be the only one with goods and the store takes advantage of your situation and basically says " if you want it THIS is what you have to pay." If I were a store owner I just can't see myself doing that for people in need......
1
Posted on 9/1/17 at 6:19 pm to slackster
quote:
Hell, why not charge $1000 for a case of water, that way only the people who absolutely need it in a life and death situation can have plenty available. Who cares if they can't afford it. You may not sell a single case, and people may die of thirst, but you're just protecting the supply for those who need it even more
Smart people will understand this post.
Posted on 9/1/17 at 6:20 pm to TigerstuckinMS
The entire economic principle in support of price gouging is to limit hoarding and increase availability to those who need it.
This doesn't have to be done by inflating the price.
Limit the quantity sold per customer. Price remains affordable to those who need it, supply remains available to those who need it.
This isn't the first time there's been a shortage of resources. Rationing of supply is a common practice during times of need.
This doesn't have to be done by inflating the price.
Limit the quantity sold per customer. Price remains affordable to those who need it, supply remains available to those who need it.
This isn't the first time there's been a shortage of resources. Rationing of supply is a common practice during times of need.
Posted on 9/1/17 at 6:21 pm to Scoop
quote:
In a scarcity situation, those without means will be arse out with price controls anyway because those with means will purchase more than they need in a crises situation. Price gouging puts downward pressure on the consumption of scarcities.
In practice, those with means are usually not the ones negatively affected regardless. They're often more prepared, and usually have more resources to source their necessities from different places.
Someone who is truly going to die of thirst if they can't get water doesn't have the means to purchase a $100 case of it.
Posted on 9/1/17 at 6:21 pm to dukke v
For the 1000th time.....
This isn't about the morality or ethics of raising prices during a disaster.
It's about whether gouging actually helps as it forces people to get what they need rather than get everything they can which helps across the board.
This isn't about the morality or ethics of raising prices during a disaster.
It's about whether gouging actually helps as it forces people to get what they need rather than get everything they can which helps across the board.
Posted on 9/1/17 at 6:22 pm to LSUtigerME
quote:
The entire economic principle in support of price gouging is to limit hoarding and increase availability to those who need it.
This doesn't have to be done by inflating the price.
Limit the quantity sold per customer. Price remains affordable to those who need it, supply remains available to those who need it.
This isn't the first time there's been a shortage of resources. Rationing of supply is a common practice during times of need.
"Smart people will understand this post."
WW2 comes to mind with those ration coupons.
Posted on 9/1/17 at 6:23 pm to WestCoastAg
quote:
But when it comes to water
the concept that we pay for clean drinking water is absurd at any level and at any price
im pro-free market so im pro-price gouging, but essential resources (water) should be free at all times.
inb4 low IQ response: "nothing is free, MAGA"
Posted on 9/1/17 at 6:25 pm to Scoop
Why ISNT it about morality and ethics??????? Then why should strangers from Louisiana even go try to rescue anyone... or even bother to send NEEDED supplies over to Texas??????
Posted on 9/1/17 at 6:26 pm to Winston Cup
Yea I'm going off of gasbuddy. I'm at half a tank and leaving for new Orleans around 3 am. Figure when I get to Terrell, buccees will be good to go.
Posted on 9/1/17 at 6:27 pm to Scoop
quote:
Smart people will understand this post.
Hopefully you realize I'm mocking the logic.
Posted on 9/1/17 at 6:28 pm to dukke v
quote:
Why ISNT it about morality and ethics??????? Then why should strangers from Louisiana even go try to rescue anyone... or even bother to send NEEDED supplies over to Texas??????
Because this is a hypothetical question you dense mother fricker.
Posted on 9/1/17 at 6:28 pm to Scoop
quote:
It's about whether gouging actually helps as it forces people to get what they need rather than get everything they can which helps across the board.
Short term, sure. What happens if an area is affected for longer than 'what is needed'?
Posted on 9/1/17 at 6:29 pm to Scoop
Overwhelmingly good. Anyone who disagrees is using their heart instead of their brain.
Posted on 9/1/17 at 6:29 pm to 50_Tiger
quote:
WW2 comes to mind with those ration coupons.
So, all we have to do is print up some ration coupons, distribute them to the people in the storm ravaged area and centrally limit the supply of the good to all of the vendors in the area, collect the coupons redeemed to the vendors in order to resupply the vendors, and get all of that done in the days to weeks a natural disaster takes to run its course...
For a long-term solution, rationing in order to limit price increases and black markets ABSOLUTELY is an effective means to deal with a supply and demand imbalance. Take Harvey, for example, though. In the span of 36 hours, it went from a shower in the Gulf to destroying the Texas coast. How do you implement a widespread rationing program in those conditions? It just isn't feasible.
This post was edited on 9/1/17 at 6:32 pm
Posted on 9/1/17 at 6:30 pm to rocket31
I know you are the biggest a-hole on this board and this is what you do so let me make this quick.
No one is charging you for water. You are free to collect it in wash bins from rain water. You are free to go collect it in buckets from ponds, lakes and rivers.
You are paying for the infrastructure and maintenance that brings it clean and safe into your home when you turn on a faucet, dumbass.
No one is charging you for water. You are free to collect it in wash bins from rain water. You are free to go collect it in buckets from ponds, lakes and rivers.
You are paying for the infrastructure and maintenance that brings it clean and safe into your home when you turn on a faucet, dumbass.
Posted on 9/1/17 at 6:31 pm to bayoubengals88
quote:
Anyone who disagrees is using their heart instead of their brain.
The way the American people have descended into irrational thought, I'd almost be more willing to trust someone from the heart.
Posted on 9/1/17 at 6:31 pm to TH03
buccees in new braunfels out
buccess in bastrop out
buccess in bastrop out
Posted on 9/1/17 at 6:32 pm to rocket31
quote:
the concept that we pay for clean drinking water is absurd at any level and at any price
Taking river or lake water, cleaning it, and delivering it to every faucet in your house ain't cheap.
Posted on 9/1/17 at 6:32 pm to slackster
quote:
Hopefully you realize I'm mocking the logic.
I seent it, brother. That's why I said smart people would get it, lol.
Posted on 9/1/17 at 6:32 pm to TigerstuckinMS
quote:
So, all we have to do is print up some ration coupons, distribute them to the people in the storm ravaged area and centrally limit the supply of the good to all of the vendors in the area, collect the coupons redeemed to the vendors in order to resupply the vendors, and get all of that done in the days to weeks a natural disaster takes to run its course...
Is that what you got from my post?
No, you dont print fricking coupons for an event that was forecast only 48hrs prior to landfall as being a small hurricane.
WW2 was years. Coupons work in that regard.
As the poster I quoted alluded too, just simply say x per person.
Is it that hard?
Edit: People will still send goods because they are not assholes like some folks on the OT.
This post was edited on 9/1/17 at 6:35 pm
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