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To: NevadaPolicyResearchInstitute

I guess this just lets the price-gouging merchants off the hook for not having a conscience and caring about their neighbors.


13 posted on 11/02/2012 12:42:14 PM PDT by jeffc (The U.S. media are our enemy)
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To: jeffc

Are you for freedom or not?

On the one hand, the gouger provides a service/good that might not otherwise be available.

On the other hand, the beauty of the free market - supply and demand - always wins out. The gouger may make a buck screwing his neighbors, but when he gets robbed - or worse - by a surly customer, his neighbors might be less inclined to help him out.

Not to mention the fact that businesses/individuals known for gouging will find themselves black-listed when the market returns to normal.

There is no free lunch. Either for the gouger - or his patrons.

One more thing; take the guy who sells his stock at the same price as before the “event” - even though supply has dropped and demand is up. He now becomes in essence, a “whole-saler”. His patrons will over-buy, then sell their surplus at a profit. Seem fair to him?


19 posted on 11/02/2012 1:16:13 PM PDT by jonno (Having an opinion is not the same as having the answer...)
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