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To: bgill

You have a hotel room you could sell for 100 bucks. Something that YOU didn’t make happen makes everyone in town want to rent that room from you. You could sell it for 300 bucks easily.

I want to hear a non-communist collectivist argument that you should rent it to whoever needs it the most, and should not maximize the profit. Maybe this hotel owner knows that grime and mud about to be tracked in. He knows his linens and towels are about to be destroyed. He knows the guest laundry will get a hammering as guests put flood dirty possessions in the washer. He knows supplies will be hard to come by and he may have to drive a few hundred miles to restock. And YOU come along and just want him to eat all that because “it isn’t FAIR!!!” LOL /s

So he adjusts his price to deal with HIS costs.

For bonus points, what about some news crew scavengers taking up a room that some poor displaced flood victim might have needed.

“To each according to his needs”, Now where did I hear that?


11 posted on 08/29/2017 4:18:55 PM PDT by DesertRhino (Dog is man's best friend, and moslems hhate dogs. Add that up.)
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To: DesertRhino
I hate price gouging laws. We had an ice storm around here a couple of years ago. Individuals who could have bought a portable generator for maybe $500 a few weeks earlier, were now facing paying twice that much. Price gouging laws went into effect. Two things happened. It wasn't the people who needed the generator the most who got the generator (as free markets economics is supposed to work), it was the guy who got in line first. Secondly, suppliers in surrounding regions would have loaded up a truck full of generators and transported them to where there were needed. Thanks to price gouging laws, there were few incentives to do so.
23 posted on 08/29/2017 4:49:50 PM PDT by fhayek
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To: DesertRhino
This guy didn't charge those rates because of muddy tracks or abuse of his laundry facilities. He charged that much because the market would BEAR that much. THAT is free enterprise.

He's a gouger. No question about it. But that means potential customers have a choice: pay what he's asking, or do business somewhere else. And don't whine about everyone else charging the same price. That does nothing more than support my point.

27 posted on 08/29/2017 5:14:28 PM PDT by IronJack (sh)
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