Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ChildOfThe60s

You described your feelings on hoarding, Now describe your feelings on price gouging.

If you have a product people want bad enough is it wrong to raise the price.

How much can you raise it without it being called gouging?

Who gets to define price gouging?


49 posted on 04/18/2013 7:13:41 PM PDT by Venturer
[ Post Reply | Private Reply | To 35 | View Replies ]


To: Venturer

Pretty much the same.

Any commodity is worth what people are willing to pay for it.

I clearly remember dealing with the energy shortages *caused* by Nixon and Carter price controls. I also clearly recall what happened when Reagan lifted said controls.

Because someone can sell something for more than I want to pay doesn’t make it gouging.

Besides, what you and I think doesn’t change the reality of supply/demand/scarcity. It is what it is.


67 posted on 04/18/2013 7:32:44 PM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there)
[ Post Reply | Private Reply | To 49 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson