You can blame anti-price gouging laws for 1) the hoarding, 2) the slow resupply, and 3) the skittishness to sell for an elevated price to Americans while foreigners will have no problem paying the higher price. Capitalism doesn’t work well with price gouging laws in place.
You can blame anti-price gouging laws for 1) the hoarding, 2) the slow resupply, and 3) the skittishness to sell for an elevated price to Americans while foreigners will have no problem paying the higher price. Capitalism doesn’t work well with price gouging laws in place.
With all due respect, how can I blame anti-price gouging laws? What are the laws to which you are are referring?
Can you please provide a link to said laws?
Seems to me that price gouging is exactly what is going on right NOW...and has been since January...
Resupply? We have allowed our “trade partner” China to have control of huge % of our medical supply/device industry.
Skittishness to sell to Americans at higher prices? Seriously? Please re-read the article...Our government purchase offices will pay, but the brokers are not waiting for the funding authorizations, etc.
Would our country allow the export of supplies our military needs?
IMHO, capitalism is not the issue...This is a national defense issue, and the export of masks needs to stop...