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Given the existing laws, stores engaging in price gouging essentially are a black market. You don't stop trying to manage a disaster just because there's no per
by whyaduck 9y ago
Given the existing laws, stores engaging in price gouging essentially are a black market. You don't stop trying to manage a disaster just because there's no perfect solution.
- varjag 9y agoNo, that's simply 'market'. It becomes black only when you outlaw it in an attempt to enforce perceived fairness† but not backing the supply side. [†] we can argue long and hard about morality of "first to grab wins" vs "deepest pockets win", but let's agree in most societies neither is seen as a virtue.