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To: ChicagoConservative27

I think price gouging is illegal


9 posted on 05/13/2021 10:33:45 AM PDT by Sacajaweau
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To: Sacajaweau

That is basic supply and demand.


11 posted on 05/13/2021 10:34:34 AM PDT by Captain Peter Blood (https://www.freerepublic.com/focus/bloggers/3804407/posts?q=1&;page)
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To: Sacajaweau

Price gouging is when the government raises tolls during rush hour.


15 posted on 05/13/2021 10:37:11 AM PDT by Balding_Eagle ( Biden won, Trump got the most legal votes.)
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To: Sacajaweau

I’m still looking for that sliding scale that determines when how much is too much.

I have something you want and you either agree or disagree with the price I’m asking for it. Nobody is putting a Gun to your Head unless we are living a Godfather Movie.

Now, if I am a Monopoly, that is a different situation. That’s why we have Laws prohibiting Monopolies. Well, we did until Big Tech started running things anyway.

Then again, I’m the kind of guy who thinks the Minimum Wage should be ZERO.

The Government should stick to what the Constitution says it should do, period.


30 posted on 05/13/2021 10:58:13 AM PDT by Kickass Conservative (Don't blame me, I Voted for the guy who actually Won the 2020 Presidential Election...)
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To: Sacajaweau
Read Thomas Sowell’s chapter in Basic Economics about price increases during emergencies. It explains very clearly why price increases are necessary for allocation of scarce resources.
37 posted on 05/13/2021 11:10:53 AM PDT by FoxInSocks ("Hope is not a course of action." -- M. O'Neal, USMC)
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To: Sacajaweau

Ah yes the no gouging brigade. It’s so wonderful - Price gouging laws for gas end up translating to “no gas”.


42 posted on 05/13/2021 11:18:51 AM PDT by Codeflier (Covid-19 taught me: Two types of "conservatives", frightened safety seekers vs. freedom lovers)
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To: Sacajaweau

What is “price gouging?”

When someone doesn’t charge a price set by the government?

The solution for you is simple; if you don’t want to pay the asking price, go somewhere else that has the price you believe the price should be?

Without “price gouging” you won’t find any to purchase anyway.


48 posted on 05/13/2021 11:47:19 AM PDT by E. Pluribus Unum (Anti-racism looks suspiciously like racism.)
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