Everywheres sold out of ammo!!

[retrieverman]

Honest question here: Isn't the term gouging only applicable when the person (or business) selling the product has control of the supply or has a captive market?

I would say you’re correct, but if a person has 9mm ammo when no one else does, wouldn’t that person sort of have control of the supply?!?

We’re supposed to live in a free market economy, so people can charge what they want to charge. I don’t personally know of anyone who is being “forced” to buy from the so called “gougers”.

 

[918evo]

We are on a gun forum that should support capitalism and the principles of laissez faire economics, yet some of you cry and moan when something is too pricey due to limited supply. If you don't like the price, find it elsewhere cheaper or wait for the market to stabilize. As previously stated, if you were around during the Sandy Hook panic buying, you should have been prepared for an ammo shortage. Gouging is an overused term thrown around by crybabies. Simple supply and demand- the supply is being consumed while the demand is increasing because of a perceived crisis.

 

[Tanis143]

We are on a gun forum that should support capitalism and the principles of laissez faire economics, yet some of you cry and moan when something is too pricey due to limited supply. If you don't like the price, find it elsewhere cheaper or wait for the market to stabilize. As previously stated, if you were around during the Sandy Hook panic buying, you should have been prepared for an ammo shortage. Gouging is an overused term thrown around by crybabies. Simple supply and demand- the supply is being consumed while the demand is increasing because of a perceived crisis.

I guess you are a proponent of anarchy as well right? Because laissez faire is the anarchy of capitalism. Anyone who has studied economics would understand that capitalism, like government, would fail without checks and balances.
To think otherwise is to live in a dream world.

 

[EKing]

I guess you are a proponent of anarchy as well right? Because laissez faire is the anarchy of capitalism. Anyone who has studied economics would understand that capitalism, like government, would fail without checks and balances.
To think otherwise is to live in a dream world.

Forgive me, I didn't go to college so, another simple question here.
Aren't these checks and balances you write of built into the capitalist model? Fair competition free of price controls (government intervention) will check and balance itself. If one guy wants to charge too much for a product, his competition; who has the same access to the same products and market; will simply charge a lower price and the consumer can make a decision of what and where to spend his money. Is this not correct?

 

[Tanis143]

Forgive me, I didn't go to college so, another simple question here.
Aren't these checks and balances you write of built into the capitalist model? Fair competition free of price controls (government intervention) will check and balance itself. If one guy wants to charge too much for a product, his competition; who has the same access to the same products and market; will simply charge a lower price and the consumer can make a decision of what and where to spend his money. Is this not correct?

No, because that ignores the fact that big businesses can price competitors out of the market and create a monopoly, thereby eliminating any need to have competitive prices.

 

[DavidMcmillan]

A neckbeard will not set a price higher than people are willing to pay. They didn't buy to to keep. If they don't have a buyer at $100, they WILL lower the price until they find the buyers.

 

[retrieverman]

No, because that ignores the fact that big businesses can price competitors out of the market and create a monopoly, thereby eliminating any need to have competitive prices.

Considering this is discussion about the current “ammo shortage” and the “big boys” are sold out, that doesn’t really apply here.

 

[Tanis143]

Considering this is discussion about the current “ammo shortage” and the “big boys” are sold out, that doesn’t really apply here.

No, that was my reply to EKing, which was a side discussion about what, if any, checks and balances were inherent in capitalism.

 

[Glock 40]

Exactly. Now that we have clarified that, I have to go finish counting my ammo, and trying to organize it by caliber, grain, type, date, etc. which is going to take some time.

Have you been snooping in my excel files?

 

[Hobbes]

Yep, if you don't have a spreadsheet with a separate tab for each caliber, you need to get started now while you have time on your hands.