3 ms·
> If he's buying to sell them at a markup, it MUST be because it's not getting replenished. This is just false. People routinely pay more for the exact same it
by mehrdadn 7y ago
> If he's buying to sell them at a markup, it MUST be because it's not getting replenished.
This is just false. People routinely pay more for the exact same item for so many reasons, from saving precious time looking for a better price, to laziness, to not even realizing there's a better price, to added convenience in some form, to so many other things. It's entirely believable he thought it would get restocked.
- wpietri 7y agoThere's thinking and then there's thinking. Did these words come out of his mouth when he needed an excuse? Sure. Do any of those hypothesized reasons justify enormous markups and rushing to hoover up giant quantities of product? No. At very best, he let himself be blinded by greed, and so just didn't think too hard. So at best, he was negligent with safety-critical supplies during a crisis.