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View Poll Results: Should There be Price Controls in Times of Disaster
Yes 96 78.05%
No 27 21.95%
Voters: 123. You may not vote on this poll

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Old 08-30-2017, 11:36 AM
 
26,694 posts, read 14,559,990 times
Reputation: 8094

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Quote:
Originally Posted by Catgirl64 View Post
A guy who sold me water at the normal price might save me. A guy who charged $99 for it? Not so much.

I'm pretty much finished with you, as your absurdities are giving me brain damage, or at the least, a severe headache. Thank God I still have a few Advil around, and don't have to pay $200 per capsule.
You are fine with people dying and jealous of those who make a profit. I get it.
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Old 08-30-2017, 11:38 AM
 
Location: Houston
5,993 posts, read 3,732,578 times
Reputation: 4160
Quote:
Originally Posted by lifeexplorer View Post
But you are fine with people dying because of your anti-price gouging law.
No one has died due to our anti-price gouging laws. NO ONE! In fact they've probably saved quite a few people. Everyone can go to the store and buy goods they need to get through the storm, not just rich people.
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Old 08-30-2017, 11:40 AM
 
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,594,858 times
Reputation: 9169
Quote:
Originally Posted by lifeexplorer View Post
You are fine with people dying and jealous of those who make a profit. I get it.
Have you ever heard of trying to get blood from a stone?
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Old 08-30-2017, 11:43 AM
 
Location: Native of Any Beach/FL
35,688 posts, read 21,042,380 times
Reputation: 14239
Quote:
Originally Posted by Catgirl64 View Post
A guy who sold me water at the normal price might save me. A guy who charged $99 for it? Not so much.

I'm pretty much finished with you, as your absurdities are giving me brain damage, or at the least, a severe headache. Thank God I still have a few Advil around, and don't have to pay $200 per capsule.
these gougers know what they up against-- why they bring their guns, they know - they are not capitalist they are just vultures
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Old 08-30-2017, 11:45 AM
 
18 posts, read 9,954 times
Reputation: 17
Quote:
Originally Posted by Volobjectitarian View Post
Profit is the rootof all evil.
There fixed that for you

I'm not a Christian, but doesn't the Bible that most people abide by have some not so charming stuff to say on that subject? Just a thought.
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Old 08-30-2017, 11:47 AM
 
Location: Huntsville
6,009 posts, read 6,663,169 times
Reputation: 7042
Quote:
Originally Posted by Roadking2003 View Post
there should be no price controls. A free market will increase supply as needed during a disaster. Price controls limit supply.
Scarcity requires rationing. The basic question that must be answered is not whether to ration, but which method of rationing uses resources in such a way as to satisfy the most wants and needs.


The continuous flow of goods is maintained by constant deliberate adjustment; by B stepping in when A fails to deliver. So stores would still get their supply. There is no reason to limit supply nor increase prices when there is no increase in cost.


Think back on the gas production fall during Hurricanes Katrina and Rita. Nearly 5 million barrels of crude oil per day were briefly shut down, while another 500k-700k of capacity was operating under reduced runs from damage. Gas production fell very sharply all over the country. The cost of gas went up about $.51/gallon for about 10 weeks. Not by $3-$4 like some attempted to charge. Within two months gas was back on a downward track.


The market sent out signals, and the behavior of producers and consumers changed. Consumers conserved where possible to mitigate the shortages, and producers increased production in unaffected areas of the country to help the affected areas recover.


The same works in this situation. Companies like Anheuser-Busch begin producing less beer, and using those production lines to can and bottle water. Companies begin overtime to produce more food and other needed goods. Shipping companies begin working extended hours to send more deliveries to affected areas.


The MARKET will support the local communities without price gouging. Allowing companies to set their own prices may work on unnecessary supplies, but on items essential to survival all it does is force people to buy into a monopoly.
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Old 08-30-2017, 11:49 AM
 
Location: Huntsville
6,009 posts, read 6,663,169 times
Reputation: 7042
Quote:
Originally Posted by lifeexplorer View Post
Read the highlighted please.


That is what I tried to get you to do....... when a store is the only supplier of a good, it is a monopoly.... let that sink in.
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Old 08-30-2017, 11:50 AM
 
Location: Huntsville
6,009 posts, read 6,663,169 times
Reputation: 7042
Quote:
Originally Posted by Roadking2003 View Post
Last time I checked, nobody keeps those stats. And it's not just about deaths.

But I guess you think there is no need for additional supplies.


Lifeexplorer made the argument of people dying over anti-gouging. I merely proved that false. If there were any stats available, someone would track them. But there isn't because it hasn't happened.


See my last post. It explains how supply and demand works during a disaster.
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Old 08-30-2017, 12:30 PM
 
Location: Here and now.
11,904 posts, read 5,584,188 times
Reputation: 12963
Quote:
Originally Posted by lifeexplorer View Post
You are fine with people dying and jealous of those who make a profit. I get it.
You are losing this argument. Do you get it?
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Old 08-30-2017, 12:33 PM
 
26,694 posts, read 14,559,990 times
Reputation: 8094
Quote:
Originally Posted by Nlambert View Post
That is what I tried to get you to do....... when a store is the only supplier of a good, it is a monopoly.... let that sink in.
LOL! Not it's not. It's only monopoly when the company actively stop others from entering the market.
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