4 ms·
In your A: situation you are explicitly saying that the normal suppliers are not raising the price. I am saying that the best solution to this problem is for th
by gwright 7y ago
In your A: situation you are explicitly saying that the normal suppliers are not raising the price. I am saying that the best solution to this problem is for the normal suppliers to raise their prices so that scalpers are disencentivized and regular consumers are judicious in their purchases.
So you are forcing a false choice between your A and B scenarios.
- jimmaswell 7y agoA is what was happening in real life before B started happening. Suppliers aren't gouging on their own out of a combination of looking out for their brand and existing laws. The best scenario is clearly where nobody is allowed to price gouge. Why are you so insistent on $100 toilet paper being a good thing?
- gwright 7y ago> Why are you so insistent on $100 toilet paper being a good thing? Why are you throwing up straw man arguments? I'm not in favor of $100 toilet paper. I'm in favor of letting market mechanisms resolve supply and demand imbalances. Anyone who thinks that restricting price increases is required to prevent $100 toilet paper really doesn't have a clue as to how the market works.