Here's a question for all those supposed conservative capitalists out there,

I Love America said:
You are wrong. Did you see the empty shelves at stores? People were boarding. Nothing wrong with that. But price is a way to mitigate that while supply comes in to backfill.

For example.

Let's say you and I are competing for the same case of water and it is the last one and the owner has a $5.99 price tag on it. I have six cases sitting at home and it never hurts to have more so I might just take it leaving you with none. Now if the price of said case is $50 then my decision would probably be "I have plenty I ain't spending $50". If you had none you would spend it.

The only people who complain about gouging are the people who don't properly prepare for the unknown.

I distinctly recall GayRod making fun of people who he derisively called "preppers". Now he is rationing his electricity. Why? Because even though he has a generator he doesn't have the fuel to run it. Now his wife and children have to suffer for his lack of planning. I feel sorry for them because they have such a loser for a husband and father
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Are you trying to explain economics to libtards? That's like trying to teach a dog to read.
 
Lovebug said:
You live in Miami. You fill up your tank because of Irma. You make it to about Cape Canaveral, because you use more gas in the stop and go traffic. Here you have to pay double to get further out of state because your tank ran empty right next to a filling station run by a greedy creep. The hurricane is at your heels and you need the gas, although you were prepared.
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this of course ignores the fact that the people of Cape Canaveral had already emptied the stations of gas as they filed up before leaving for Birmingham......
 
Althea said:
Your uber response doesn't qualify, and your general comment about the free market skirts the question. Unless you want to back off of your claim that we don't have unfettered capitalism
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I see. Markets responding to supply and demand and scarcity, I.e. doing what markets do, is unfettered and thus evil. But the govt forcing prices to remain low and thus creating large black markets etc is fettered and thus compassionate.

Let me guess, you support the "compassionate" route
 
Lovebug said:
You live in Miami. You fill up your tank because of Irma. You make it to about Cape Canaveral, because you use more gas in the stop and go traffic. Here you have to pay double to get further out of state because your tank ran empty right next to a filling station run by a greedy creep. The hurricane is at your heels and you need the gas, although you were prepared.
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If you were prepared you would have had 2 o 3 jerry cans as back up. What? You live in a district frequented by tropical storms and hurricanes, you live there by free will but going into the historical hurricane season you do not make preparations for the possibility of exactly the circumstances you described? That's what happens to liberals who depend upon the STATE...even with the historical record demonstrated by the state in being a day late and a dollar short...who reacts instead of acts. Its best to count on no one but self....and if help comes from the outside its a cherry on the topping.

As for myself.....I shall remain in the mountains and their natural defenses. Protection against violent storms and winds, plenty of game, plenty of fresh water, plenty of lumber to build shelter if required. If needed its quite easy to make alcohol based fuel for internal combustion purposes. I have been all around the world in my 21 years in the service....but I have found no more dependable people than mountain people when push comes to shove in any circumstance be it a natural disaster or human carnage. Right now...the majority of my local emergency response team is still in TEXAS helping the folks in that state deal with the aftermath.
 
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cawacko said:
I see. Markets responding to supply and demand and scarcity, I.e. doing what markets do, is unfettered and thus evil. But the govt forcing prices to remain low and thus creating large black markets etc is fettered and thus compassionate.

Let me guess, you support the "compassionate" route
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I don't believe in Oil/Corn subsidies any more than I do the gouging of prices for gasoline that has been sitting in tanks for weeks. Or are you only in favor of subsidies that keep your portfolio happy? You hail our supposed free market, but you touch on a very important reason why the market is anything but free.
There is no 'scarcity' of gasoline in the Northeast
Now about that price gouging..............
 
Althea said:
I don't believe in Oil/Corn subsidies any more than I do the gouging of prices for gasoline that has been sitting in tanks for weeks. Or are you only in favor of subsidies that keep your portfolio happy? You hail our supposed free market, but you touch on a very important reason why the market is anything but free.

Now about that price gouging..............
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Do you need it read to you?
 
Interesting that a heavily subsidized energy industry is allowed to gouge the consumer in the name of 'free market' principles
 
Ralph said:
If you were prepared you would have had 2 o 3 jerry cans as back up. What? You live in a district frequented by tropical storms and hurricanes, you live there by free will but going into the historical hurricane season you do not make preparations for the possibility of exactly the circumstances you described?
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Yeah, the vacationers down there don't need gas...or water.
 
cawacko said:
Would you like the gov't to step in and demand scarce goods be sold at a fixed cost?
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In emergency situations for items as water, yes, on a temporary basis, the idea that higher prices leads to a better allocation of scarce resources lools good in theory, but there are ethical considerations that relate in these situations
 
archives said:
In emergency situations for items as water, yes, on a temporary basis, the idea that higher prices leads to a better allocation of scarce resources lools good in theory, but there are ethical considerations that relate in these situations
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Should the gov't limit the amount of water each person could buy per visit? Otherwise how do you prevent someone from buying up all water and then selling it themselves for profit?
 
Lovebug said:
Stop the bickering. This is about price gauging, not adjusting prices. If you want to argue, look in the mirror and have at it.
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This is a discussion on how prices and good move in an emergency situation. It's how markets work.
 
cawacko said:
Should the gov't limit the amount of water each person could buy per visit? Otherwise how do you prevent someone from buying up all water and then selling it themselves for profit?
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Assign a penalty if caught, what stops the same person now from doing the same now, corners supply and charges 105 dollars a case rather than 100?
 
Lovebug said:
You live in Miami. You fill up your tank because of Irma. You make it to about Cape Canaveral, because you use more gas in the stop and go traffic. Here you have to pay double to get further out of state because your tank ran empty right next to a filling station run by a greedy creep. The hurricane is at your heels and you need the gas, although you were prepared.
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But you weren't prepared.
 
archives said:
Assign a penalty if caught, what stops the same person now from doing the same now, corners supply and charges 105 dollars a case rather than 100?
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For one others can bring in water from the outside and undercut that individual because it would be profitable to
 
cawacko said:
For one others can bring in water from the outside and undercut that individual because it would be profitable to
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In theory, yes, wouldn't have been possible in the Florida Keys or other sections of Florida.

Your assuming that there actually exists a free market, which even under normal conditions is doubtful, but in an emergency situation it definitely doesn't exist
 
archives said:
In theory, yes, wouldn't have been possible in the Florida Keys or other sections of Florida.

Your assuming that there actually exists a free market, which even under normal conditions is doubtful, but in an emergency situation it definitely doesn't exist
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you can use whatever term you would like but the gov't requiring scare items to be priced at a certain level is not going to guarantee those in need receive these products any more than allowing the market to work
 
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