4 ms·

Wait, what? Rationing by price means that wealthy people get more. How is that better than a random distribution or a queue?

• BurningFrog 7y ago
  It prevents hoarding, for one thing. Also, in this system, things never sell out.
  • Pfhreak 7y ago
    I mean, clearly it does not, as this guy was sitting on 17,000 bottles of the stuff. Also, random lotteries also prevent hoarding. Same with queues with a reasonable limit on the number you can take per trip through the queue. > Also, in this system, things never sell out. Sure they do. If you can't afford $70 for a bottle of hand sanitizer, the product is sold out. Sold out is always a function of 'the cost of getting it to me is too high'.
    • eru 7y ago
      > Sold out is always a function of 'the cost of getting it to me is too high'. No, that only applies when the price can adjust. The problem with 'price gouging' laws is that you are not allowed to spend more for stuff you really, really want.
    • BurningFrog 7y ago
      > I mean, clearly it does not, as this guy was sitting on 17,000 bottles of the stuff. Because he wasn't allowed to resell. He had no intention of sitting on it. > Sold out is always a function of 'the cost of getting it to me is too high Arguing by trying to redefine words is the lowest form of discourse. You know what the term means, and what I meant by it!
      • anigbrowl 7y ago
        It was sold out at the places he purchased the entire supply from. You're kinda playing semantic games yourself.