开云体育

ctrl + shift + ? for shortcuts
© 2025 Groups.io

Re: Discount Code For Medical Masks and Products That Fight Coronavirus


 

Personally, I have very mixed feelings about these laws.
Intentionally exploiting others suffering for excess profit is a problem that should be dealt with.

But these laws can cause more harm than good.

I remember years ago, after a hurricane, a guy was charged with price gouging and his product impounded.? The fully story was - he was unemployed and lived up north in the central US.? He maxed out his credit cards, rented a moving truck, and filled it with generators he bought at the "big box" stores in his area.? He brought them down to the area of the hurricane and was selling them out of the truck for 2x their normal price.? Personally, I think what he was doing was outstanding.? I would happily pay 2x under those circumstances because that would be the only way I could get a generator.? ?If you consider his total cost and profit per hour, his prices and profit in that situation was very reasonable.? Yet the government found it necessary to protect us from him.

What about masks produced today through inefficient means?? At 2x the cost, I'm sure they found find inefficient ways to boost production.? But apparently we must be protected from activities like that, which would would increase the supply of critical goods.

Sometimes the cure for high prices, is high prices.? Obscene profit attracts innovators who find creative ways to increase supply.

As for these overpriced masks, presumably the odds are in favor with you guys's suspicions.? Its likely just another case of of marking up as much as he can to make extra $.? If so, that's irritating.? ?But its also irritating that society is willing to harm us all (with artificially low supply of critical goods) in the name of punishing a few bad actors.

I'm not trying to be critical of the warnings posted about the link.? It think you guys' caution is well justified.? I'm just irritated about what I see as some misguided laws.

ok, rant over.? I'll shut up now :)


On Mon, Apr 27, 2020 at 10:43 AM Jim Frame <jhframe@...> wrote:
It likely varies by state, but in CA it's basically an increase in price
greater than 10% during a declared emergency.

On 4/27/2020 8:30 AM, Jim.Klessig@... wrote:
> While I agree, with most of the comments, what *exactly* is the
> difference between market demand based pricing, and price gouging?

--
---------------------------------------------------------------------
Jim Frame? ? ? ? ? ? ? ? jhframe@...? ? ? ? ? ? ? ? ?530.756.8584
Frame Surveying & Mapping? ? ? ? ?609 A Street? ? ? ? Davis, CA 95616
-----------------------< Davis Community Network >-------------------



Join 4x6bandsaw@groups.io to automatically receive all group messages.