And immediately,just like that, there are four intelligent posts on FR about this government intrusion into the market.
Some people get it. I suppose some are highly intuitive, others can learn it very easily. If demand for Lysol spray spikes, the price for it will rise. But then producers will ramp up production and increase the supply, and prices will fall back again. It’s really nobody’s business what you want to charge for your own property. If someone wants to pay $20 for a can of Lysol, so be it. I’m sure you can get a 4 pack of Lysol for $5 at Costco or Walmart. But do they even allow those predatory stores to operate in New York?
Of course, $20 is absurd and only a desperate person would pay it, assuming it is extremely scarce. But almost nothing real is produced in Manhattan. They have to import everything. All the hotels and restaurants have to send their laundry out of the city, and have fresh sheets and linens brought in. Nearly all the food has to be imported and much of it from out of state. And they tax the gas to truck everything in and out of the city, they tax the bridge crossings, I think they even have a “congestion tax” for driving during certain hours (if not, they have certainly proposed it). But then the politicians want to grandstand about “price gouging”.
An anomaly...?