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The gouging is there to motivate people to show up with much needed supplies. If gouging is banned, there won't be supplies available.
by skookumchuck 8y ago
The gouging is there to motivate people to show up with much needed supplies. If gouging is banned, there won't be supplies available.
- robotrout 8y agoExactly. Price controls result in famines and shortages. Allow gouging, and the gouger will soon have competition to drive the price down. Very quickly, the price will drop to a reasonable level. Conversely, if you price control, there is no incentive to provide the good or service in the first place, and shortages ensue. Government price control regulations distort markets in a dangerous way.
- s73v3r_ 8y agoThat's what the government is for, to bring in those supplies.
- skookumchuck 8y agoThe only reason the gougers exist is because the government didn't bring in the supplies.