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The government can meter stuff at market rates too. Though, there also seems to be a lot of spite here, which the market may not be able to solve. Seems like t
by pkulak 1y ago
The government can meter stuff at market rates too.
Though, there also seems to be a lot of spite here, which the market may not be able to solve. Seems like the folks buying bulk water were paying FAR more, to the point that they were using less than 1% of the supply, but paying 15% of the cost. In a pure market, they would be the last cut off, yet they were the first.
- mothballed 1y agoClearly there is something else at play stopping the market price from emerging, otherwise one of the in-towners could just resell the water to the excluded persons from their supply at a profit. I'm guessing they've made this illegal, though, since it's such an obvious solution of a win-win to a quick buck to a local that wasn't used. At the very least there is always a crackhead who needs $20 for a hit, I don't see how you can get the whole town to collude out of spite, it's just completely infeasible unless the people buying are like notorious child snatchers or something.