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re: "Price Gouging" during a disaster: Good or Bad
Posted on 9/1/17 at 8:03 pm to magildachunks
Posted on 9/1/17 at 8:03 pm to magildachunks
quote:
Because they still have gas.
Nobody is filling up 40 gallon garbage cans or giant propane tanks with the gas at those prices.
What if they simply refused to sell more than 10 gallons to that person?
Why is price the only control for the supply? Gas was rationed post-Katrina and post-Gustav.
Theoretically, increasing prices will limit the consumption. But when we're talking about critical needs in a declared disaster area, those restrictions may mean life or death, or further overcrowding at shelters and charity distribution centers. This is a short term scenario, that can easily be managed with short term controls. Increased cost ensure those who can afford it only buy what's necessary, but it limits access to those who need it and cannot afford it at the inflated price. It's profiting off the dispair of others, for a false sense of economic need.
1
Posted on 9/1/17 at 8:06 pm to LSUtigerME
quote:
if they simply refused to sell more than 10 gallons to that person?
You ever been behind a family in the ten items or less line with a full basket, but each kid runs ten items then gets mom's card to pay?
Or the sales that limit five per customer so every kid gets some money to buy 5 of the item?
Imagine that with each family member buying 10 gallons.
Posted on 9/1/17 at 8:12 pm to magildachunks
No, where do you shop? Dollar Tree or General?
Posted on 9/1/17 at 8:14 pm to ThatMakesSense
quote:
Dollar Tree or General?
What's wrong with the dollar general? There's one a 1/4 mile from my house and I love it's convience.
Posted on 9/1/17 at 8:15 pm to Scoop
Rationing is a better concept than allowing price gouging but the logistics of rationing in an area like Houston is staggering. Allowing price gouging so only certain people can afford anything in decent quantities would not go well with certain types
Posted on 9/1/17 at 8:17 pm to magildachunks
quote:
You ever been behind a family in the ten items or less line with a full basket, but each kid runs ten items then gets mom's card to pay?
Or the sales that limit five per customer so every kid gets some money to buy 5 of the item?
Imagine that with each family member buying 10 gallons.
In your scenario, the line is 50 people deep, cashier refuses to run the order again unless the family circles to the end of the line. What happens then?
Your argument is "it'd be difficult to enforce/control"?
It's been done. Numerous times. It's not difficult. Particularly if people are LINING UP at gas stations with fuel. Same with water. When it's given FOR FREE at distribution centers, it's rationed and limited quantities are given. This is a disaster scenario. The free market is allowed to be restricted for these situations.
Posted on 9/1/17 at 8:21 pm to Scoop
Shouldn't the owners of the local gas station that decided to stay open (instead of evacuating) despite having to possibly work it themselves/sleep on the floor of the gas station because their house is flooded reap some benefits of higher prices?
Posted on 9/1/17 at 8:26 pm to Ric Flair
quote:
Shouldn't the owners of the local gas station that decided to stay open (instead of evacuating) despite having to possibly work it themselves/sleep on the floor of the gas station because their house is flooded reap some benefits of higher prices?
Sure, if he's confident enough those same customers show up to keep him in business afterwards.
Posted on 9/1/17 at 8:32 pm to Ric Flair
quote:
Shouldn't the owners of the local gas station that decided to stay open (instead of evacuating) despite having to possibly work it themselves/sleep on the floor of the gas station because their house is flooded reap some benefits of higher prices?
frick yeah. frick those other flood victims. Profits bitch.
All the cell phone towers went down, except Verizon? frick yeah, premium time charge.
Only Electric Company X still has power? frick yeah, premium rate charges.
Natural gas generator? That shits going up in cost. We buried our supply lines, we were smart, frick you.
Need an emergency medical procedure? frick you, pay me.
Want a blue tarp? Lol, PAY ME.
Posted on 9/1/17 at 8:34 pm to Scoop
Anyone caught price gouging should be lynched.
Posted on 9/1/17 at 8:35 pm to LSUtigerME
quote:
All the cell phone towers went down, except Verizon? frick yeah, premium time charge.
How would this effect the price of Verizon customers?
Now, if they wanted to charge the other companies to piggy back, then the companies pay them.
Posted on 9/1/17 at 8:36 pm to LSUtigerME
quote:
LSUtigerME
None of your examples make sense.
Not a single one.
Posted on 9/1/17 at 8:38 pm to Homesick Tiger
quote:
Sure, if he's confident enough those same customers show up to keep him in business afterwards.
This. I've been saying the same thing all day. It is a piss poor strategy.
Posted on 9/1/17 at 8:40 pm to slackster
quote:
This. I've been saying the same thing all day. It is a piss poor strategy.
But that's not what most are arguing. They're saying it's immoral and should definitely be illegal.
Posted on 9/1/17 at 8:41 pm to foshizzle
quote:
When demand completely outstrips supply, then someone simply has to do without. If there isn't enough gas to go around, then there isn't enough to go around.
When demand outstrips supply causing prices to rise, a point will be reached where it will be worthwhile for suppliers to re-direct commodities from areas that have a surplus to areas with higher prices. If a business wants to supply goods at cost or free that is a great thing, but a luxury many can't afford. So once again is it better to pay a higher price for a commodity and have it available or have a shortage?
Posted on 9/1/17 at 8:43 pm to magildachunks
Except Verizon doesn't own the towers.
Towers are licensed and typically multiple carriers are on the tower.
You just have too many UE's hitting a tower and causing outages.
If anything The carriers might blacklist non first responder subscriber profiles if its needed.
That would have to be a serious catastrophe with damn near the entire network gone.
Edit: in short telecom won't ever have a gouging issue lol...
Towers are licensed and typically multiple carriers are on the tower.
You just have too many UE's hitting a tower and causing outages.
If anything The carriers might blacklist non first responder subscriber profiles if its needed.
That would have to be a serious catastrophe with damn near the entire network gone.
Edit: in short telecom won't ever have a gouging issue lol...
This post was edited on 9/1/17 at 8:44 pm
Posted on 9/1/17 at 8:45 pm to magildachunks
quote:
None of your examples make sense.
Not a single one.
Jesus you are dumb. I get it now.
Are cell towers not strained during a hurricane event? Do you even live in the South?
Premium charge to use the cell towers. Charge their customers, and anybody running through their towers, through their carriers. Cost more, people use it less, easing strain on towers. Supply/Demand.
Every resource I listed is at a premium during a disaster like this. Increase price, reduce demand. Winner profits. Everybody wins!
Posted on 9/1/17 at 8:47 pm to LSUtigerME
quote:
Every resource I listed is at a premium during a disaster like this. Increase price, reduce demand. Winner profits. Everybody wins!
Explain how if I have Entergy, demco will be able to charge me with higher price spikes.
This post was edited on 9/1/17 at 8:48 pm
Posted on 9/1/17 at 8:49 pm to Scoop
It's a great way to conserve supplies and make sure it goes to those in need.
Posted on 9/1/17 at 8:50 pm to EA6B
quote:
So once again is it better to pay a higher price for a commodity and have it available or have a shortage?
What good is the commodity if the people it's intended to be "reserved" for can no longer afford it?
There's other ways to restrict distribution without putting the burden ON THE VICTIMS.
If you want to reward/incentivize additional supply chains, do not use the victims as that source. That's where the whole disaster scenario comes into play.
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