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re: Price gouging laws shouldn’t exist
Posted on 10/13/25 at 12:53 pm to weagle1999
Posted on 10/13/25 at 12:53 pm to weagle1999
I remeber during Katrina paying $20 for a case of coca cola. I didn't have to buy it but no one was open except for one store with a generator. It was price gouging but i didn't have to get it. The national guard was giving out water and MREs but i wanted sweetness. I also bought 150 gallons of gas at $3. Which i was more upset about in 2005.
0
Posted on 10/13/25 at 1:14 pm to weagle1999
quote:
Just as our rights don’t expire due to a virus, the market doesn’t stop working due to a disaster.
You know, it's absolutely amazing how STUPID people can be when trying to prove a stupid thought. Part of capitalism as I have experienced it for ALL my 80 years is capitalists' compassion and generosity in the face of legitimate need and disaster. Providing assistance to true victims of disaster IS a part of the free market in my experience. Please stop being stupid.
Posted on 10/13/25 at 1:19 pm to RogerTheShrubber
You have a Moose waiting for you.
Posted on 10/13/25 at 1:19 pm to Cosmo
quote:
apply if a disaster area has been declared
That's exactly the opposite of what should be done. If the most I can sell a generator in Baton Rouge for is 25% above the price listed on Home Depot's website, do you think me and every guy with a truck is going to buy every generator we can find in Houston and drive it over there?
So, with "gouging" rules, you don't get expanded supply, because you aren't letting prices adjust to demand. Let me charge $750 for a $250 generator, and I'll make that drive twice a day, and probably even rent a trailer to haul more at once.
Or, using your method, I'll just sit on my arse in the AC and watch you all suffer while watching TV, since it's not worth my time and effort.
Posted on 10/13/25 at 1:40 pm to RebRxV
quote:
Part of capitalism as I have experienced it for ALL my 80 years is capitalists' compassion and generosity in the face of legitimate need and disaster.
You are talking about charity, which is fine, but inferior to the profit motive IMO.
Posted on 10/13/25 at 1:55 pm to weagle1999
Having lived through several Hurricanes including a total house loss, the amount of scams is horrible. All of it is price gouging or just plain theft. County emergency response has to have this issue on their first day after the storm list.
I am not talking about a case of water for 10 bucks, but rather demo/clearing work for 10 thousand.
I am not talking about a case of water for 10 bucks, but rather demo/clearing work for 10 thousand.
Posted on 10/13/25 at 1:56 pm to weagle1999
quote:
Higher prices also tamp down on hoarding tendencies by individuals so that more people have access to the goods.
Hoarding literally exists because of anticipated price gouging
Posted on 10/13/25 at 2:03 pm to Gaspergou202
Hotel has 100 rooms.
Big event in town.
Rates increase from $100 to $500 per night.
Only one quarter of rooms are booked.
Hotel kicks self.
What the market will bear.
Big event in town.
Rates increase from $100 to $500 per night.
Only one quarter of rooms are booked.
Hotel kicks self.
What the market will bear.
Posted on 10/13/25 at 2:06 pm to LemmyLives
quote:\
So, with "gouging" rules, you don't get expanded supply, because you aren't letting prices adjust to demand. Let me charge $750 for a $250 generator, and I'll make that drive twice a day, and probably even rent a trailer to haul more at once.
Correct. Anti "gouging" laws keep supplies lower, which means few people will benefit.
Letting the prices adjust to demand means suppliers will be motivated to increase units available for sale.
Posted on 10/13/25 at 2:16 pm to RogerTheShrubber
6 posts in 2 pages. I think we get your position.
Posted on 10/13/25 at 2:20 pm to weagle1999
quote:
Let’s see how much you support Capitalism
The best way to ensure that needed goods reach the most number of people possible after a disaster is to allow people from outside the area to make as much profit as possible so as to entice them to get goods to the area.
Higher prices also tamp down on hoarding tendencies by individuals so that more people have access to the goods.
Just as our rights don’t expire due to a virus, the market doesn’t stop working due to a disaster.
Absolutely!
Bring back predatory lending too.
Posted on 10/13/25 at 2:30 pm to RogerTheShrubber
One of the quickest and dumbest ways IMO
Local county and State are there for disaster relief. Putting off gouging for a few days or weeks is not the end of capitalism. Indeed in the time following disasters here in Florida capitalism and incentives are alway used by the Gov to speed up and bring in competition in the recovery process.
Local county and State are there for disaster relief. Putting off gouging for a few days or weeks is not the end of capitalism. Indeed in the time following disasters here in Florida capitalism and incentives are alway used by the Gov to speed up and bring in competition in the recovery process.
Posted on 10/13/25 at 2:32 pm to goatmilker
quote:
Putting off gouging for a few days or weeks is not the end of capitalism.
It keeps supply low. Is that what you really want:??
Posted on 10/13/25 at 2:32 pm to Bass Tiger
I mean, if you are going whole hog, why not say that the police are only going to provide safety to the people that pay the most. So let's see how much you support Capitalism.
Retarded thread is retarded. There aren't any people that support capitalism that don't recognize that essential needs during emergencies and war time have to be handled differently.
This whole thread is a red herring.
Retarded thread is retarded. There aren't any people that support capitalism that don't recognize that essential needs during emergencies and war time have to be handled differently.
This whole thread is a red herring.
Posted on 10/13/25 at 3:19 pm to weagle1999
quote:
Price gouging laws shouldn’t exist
Says someone that would charge $60 for a loaf of bread or $25/gal of gas to people in real need.
Posted on 10/13/25 at 3:27 pm to lowhound
quote:
charge $60 for a loaf of bread or $25/gal of gas
You do realize that this prevents hoarding, like we saw during COVID, with people pushing a shopping cart with 100 lbs of chicken or 65 rolls of toilet paper, right?
Posted on 10/13/25 at 3:27 pm to Bass Tiger
quote:
Bring back predatory lending too.
That’s still a thing
Posted on 10/13/25 at 3:29 pm to lowhound
quote:
Says someone that would charge $60 for a loaf of bread
If you charge normal price, I'll buy all your bread, sell it across the street for double the price.
Posted on 10/13/25 at 3:32 pm to Gaspergou202
quote:That's a lot of Walmart's she passed.
and complains all the way to Memphis
Posted on 10/13/25 at 4:11 pm to NC_Tigah
quote:
That's a lot of Walmart's she passed.
While true:
1- How does that change my point? She was only able to obtain them because her need matched the price. And perhaps another found the batteries she didn’t buy because of the price.
2- Have you ever evacuated? You’re in a column of locusts consuming supplies, food, fuel, and hotel rooms along specific corridors. I doubt you are the first to stop and look for batteries. They experienced 400 miles of bumper-to-bumper or heavy traffic of cars crammed with refugees with needs.
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