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> People were hoarding, not scalping. And they were hoarding because stores were not allowed to increase the price. They were hoarding items in high demand wit
by richbell 3y ago
> People were hoarding, not scalping. And they were hoarding because stores were not allowed to increase the price.
They were hoarding items in high demand with the intention to sell them way above market rate. If only there was a word for that...
- WalterBright 3y agoBuying things at one price and putting them for sale at a higher rate is not hoarding. It's called "arbitrage" and is a normal part of a functioning market.