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To: MarchonDC09122009
Just because you can (immorally gouge profit during disaster crisis), doesn’t mean you should (abide by Golden Rule).

Actually, that is exactly the opposite of what Mr. Williams is arguing. The price is how you control allocation. If you raise the price enough, only folks who actually need it will buy. It is more immoral to artificially maintain current prices and thus make sure that it is allocated as inefficiently as possible.

15 posted on 10/24/2018 12:20:00 PM PDT by zeugma (Power without accountability is fertilizer for tyranny.)
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To: zeugma

Yes, I agree and posted an example in the post after yours.


17 posted on 10/24/2018 12:23:19 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
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