re: "Price gouging"

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You are the most economically stupid person I have seen in this forum.

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I forgot more economics than you can hope to learn in the next year.

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"Raise the price so no one can afford it." Imbecile.

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No one said this so, not only are you stupid, you're a liar to boot

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quote: "Price gouging" Are there really that many people who don't understand that the term itself is ridiculous

Nitwits clearing local merchants shelves of hand sanitizer, creating a potentially hazardous local shortage, then reselling the product at $30 a bottle would seem to qualify.

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Some people have a real struggle with critical thinking.

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the people you are speaking of our people who drove way out of the area and carted it back to New Orleans

if they had to sell it for the normal price they wouldn't have gone and got it in the first place.

So you could have afforded it but it wouldn't have been there

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Yep - same with guys in pickup trucks hauling trailer loads of plywood - cannot expect them to sell it for what Home Depot was selling it for before they ran out.

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I forgot more economics than you can hope to learn in the next year.

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Clem let you run the cash drawer down at the sawmill?

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No one said this so, not only are you stupid, you're a liar to boot

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You literally said to raise the price until no one could afford to hoard. Which means the middle class and poor are out of the club. You are literally a lying imbecile.

Here is what stores not manged by blithering idiots like yourself are doing.

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You literally said to raise the price until no one could afford to hoard

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no I literally did not but you are free to try and find anything vaguely resembling that from me

It's not my fault you have comprehension problems on top of being terrible at economics

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Here is what stores not manged by blithering idiots like yourself are doing

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awesome. I already said in this thread that I support that. Unfortunately even with that people who don't really need toilet paper will buy it

I get it. You're still in like the 9th or 10th grade. You will learn eventually

I happen to enjoy Sowells writings.

But the thing is, no one who agrees with price gouging laws has a logical better solution. All they have is their feels. In their minds, being lucky enough to have been in the front of the waiting line is a more fair way of distribution than is having a few extra bucks. They can't see that those with extra money paying the higher prices, that it encourages more suppliers to enter the market and therefore lower prices to somewhat normal. They can only see that "the poor" would be last to receive supplies while ignoring that that's how it is now anyway. They refuse to see that rising prices at least gives the poor a chance to eventually acquire supplies, while the current system completely denies them that opportunity for the entire duration of the crisis. These people cannot point to a single example of price controls having the intended consequences whether it be rent control, gas price controls, minimum wage, etc..