Why Legalizing Price Gouging Would be a Good Thing
There will always be a group who can't afford the needed goods and will rely on charity. You want that group to be as small as possible so charity can cover it. Without price hikes people buy more than they need making this group bigger. With price hikes the needed goods are better distributed because people just buy what they need.
Price hikes also create incentives to get more goods to the hard to reach effected area. With price hikes being legal you will also add competition that makes the hikes not so high. You will also see legitimate stores offer credits after the situation is over. Its all about incentive to bring in more needed goods and evenly distributing the goods already there leading up to the crisis.
Im happy to answer any questions on this subject.
- Fyi, Walmart sign is a fake sign i made just as an example.
Sounds like you're familiar with basic economics. Now you must be bombarded with emotion!
Ha, So much of that the last few days.
They get so triggered at the idea that a little greed distributes goods better (which leaves more charity for those who need it) than their feely feels that only really sounds good to the other economic terrorists within their hive.
Quite the strident condemnation of collectivists. I know your frustration.
to tired to discuss this topic today... but as I replied I will find your post easy again in my profile
Look forward to hearing from you 808