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High prices encourage people like me who have more than enough to get off their asses and share the excess. There is already plenty of TP in existence in the c
by aianus 7y ago
High prices encourage people like me who have more than enough to get off their asses and share the excess.
There is already plenty of TP in existence in the country for everyone, it’s just poorly distributed because the gov has removed the incentive for the TP-haves to distribute it better towards the TP-have-nots.
Or, more to the point of the article, there is no incentive for someone with a useless side project to give up their Azure instance to someone delivering food or medicine.
- perl4ever 7y agoBut it was the high price of the stuff that made the people who require "incentives" grab it. It's circular, like a stock market bubble. First people panic and buy, then other people buy because the price is going up, it's absurd to say that price represents some fundamental truth. When I went to the grocery store a week ago, there were a lot of things, just not toilet paper. If the laws against price gouging are causing a problem, why is it so selective? Microsoft seems to be doing the same, sensible, thing that grocery stores are doing in some cases - try to ration stuff per customer. People are talking about how this dynamic is playing out on a bigger scale, as states compete for resources in the absence of the federal government coordinating.
- yspeak 7y agoIt's the artificially low prices of the big stores that encourage hoarding and aldo middle men to get in the act and buy it up to profit. Raise the prices and people won't hoard and you eliminate the opportunity for price arbitrage when speculators take advantage of the artificially low prices in the store to sell on the open market to the highest bidder. If prices rise across the board the supply will meet demand and there will be no room for price arbitrage which only appears in dysfunctional markets where prices are artificially set and are not allowed to float.
- BoorishBears 7y ago> High prices encourage people like me who have more than enough to get off their asses and share the excess. > the gov has removed the incentive for the TP-haves to distribute it better towards the TP-have-nots. Really? > I have an entire Costco package of toilet paper that will last me months while some poor bastard near me is probably wiping his ass with his hand (or worse... This is not a reason to you? Some people might not appreciate the tone of this but, you’re seriously lacking morals if it’s not.
- BoorishBears 7y agoI forgot, on HN you’re supposed to be an emotionless robot (like half these people are in real life), talking about morals is illegal.