A different perspective on price gouging

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Cue

Sharpshooter
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I wonder if the anti-gougers ever buy anything at a bargain price and, if so, how they handle the guilt.

I bought something from a member here to turn around and sell it back to them. Then they re-list it for a better price point.(Nothing ever changed hands, just helping out a member who posted an item for to much of a bargain.) the posts are here, look it up.
 

perfor8

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I bought something from a member here to turn around and sell it back to them. Then they re-list it for a better price point.(Nothing ever changed hands, just helping out a member who posted an item for to much of a bargain.) the posts are here, look it up.

Sounds like you facilitated gouging by the person to whom you sold it for less than the market price.
 

HMFIC

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If I didn't know any better, I'd think that half the folks on this board are socialists.

Whether someone has a legitimate, immediate use for an item or not, there is no such thing as artificial demand. Demand is demand. People keep comparing guns to gold, but saying it's different with gold because guns have artificial demand. "Gold has real value." When someone will explain to me why $2000 spent on gold is more useful than $2000 spent on guns, then I will succumb to the idea of artificial demand.

Technically you are correct, demand is demand. My point was that the government is creating artificial circumstances that have increased the demand due to the potential of affecting the supply.

Government needs to stay out of it. Be mad at them for creating a scenario where this all happens if you want to be mad at someone. And that's a far cry from socialism.
 

KilkennyArms

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Higher prices are a form of rationing. Let's say there is storm on the East Coast and flashlights selling for $10.00 in Oklahoma are selling for $100 there. Someone who is enterprising might rent a U-Haul and buy several hundred flash lights while driving to the site of the storm. Is $100 too much to ask when 0 were available? Now there are several hundred available and storm victims who need them have them because of higher prices.

As has already been stated the problem we have government interference! If they would just let markets work these peaks and valleys wouldn be as high or deep.
 

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