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The Water Cooler
General Discussion
About Price Gouging
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<blockquote data-quote="n2sooners" data-source="post: 2035795" data-attributes="member: 26539"><p>No one is price gouging. Price gouging is when there is a monopoly (or a group of sellers working together to effectively create a monopoly) raises the price of a necessity just because it can. What we are dealing with here is the free market. And it isn't the fault of the sellers, they have every right and in some cases an obligation to make as much money as possible. If a store raises their prices and people are still buying, then there is no gouging. If they raise their prices and people stop buying, then there is still no gouging because no one is being gouged. If anyone is to blame it is the gun grabbers who are trying to take away everyone's rights, and those hoarding ammunition even though the prices are rising and even though in most cases they don't even need it at the time.</p><p></p><p>And if you still think the sellers are gouging let me ask you this. If you buy some gold coins and a month later the price of gold spikes and you decide to sell those coins, do you sell them for what you paid for them, or do you sell them at their current price and make a profit? And if you do sell them at the higher price, does that make you a price gouger?</p></blockquote><p></p>
[QUOTE="n2sooners, post: 2035795, member: 26539"] No one is price gouging. Price gouging is when there is a monopoly (or a group of sellers working together to effectively create a monopoly) raises the price of a necessity just because it can. What we are dealing with here is the free market. And it isn't the fault of the sellers, they have every right and in some cases an obligation to make as much money as possible. If a store raises their prices and people are still buying, then there is no gouging. If they raise their prices and people stop buying, then there is still no gouging because no one is being gouged. If anyone is to blame it is the gun grabbers who are trying to take away everyone's rights, and those hoarding ammunition even though the prices are rising and even though in most cases they don't even need it at the time. And if you still think the sellers are gouging let me ask you this. If you buy some gold coins and a month later the price of gold spikes and you decide to sell those coins, do you sell them for what you paid for them, or do you sell them at their current price and make a profit? And if you do sell them at the higher price, does that make you a price gouger? [/QUOTE]
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