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Price gouging

Is there price gouging?

  • No, it’s just charging what the market will bare

    Votes: 36 52.9%
  • Not really, unless you immediately die if you don’t pay

    Votes: 9 13.2%
  • Yes, the price shouldn’t go up in a emergency

    Votes: 13 19.1%
  • Yes, vote Kamela. She will fix all that.

    Votes: 10 14.7%

  • Total voters
    68
In any case, I’m going to through out the Kamela joke. (Bacon) and it looks like the vast majority understand free market.
 
So WaterH laid out big pharma, but it didn’t address how it’s different one you leave the US.
it can be complicated out past the simple answer of government, but it gets really complicated really quick because it all loops back around like a wad of felt

every level of regulation increases cost,
be it requiring a prescription for something that's OTC in mexico
or telling people they can't have whatever unless it is state-approved
or amortizing the cost of your CEO being jailed to appease the state run media circus
or other court costs associated with medical litigation
or the whole insurance and billing racket propped up by the state
or manufacturing costs in their myriad of ways that usually loop back around to interference by the state


Government.
 
it can be complicated out past the simple answer of government, but it gets really complicated really quick because it all loops back around like a wad of felt

every level of regulation increases cost,
be it requiring a prescription for something that's OTC in mexico
or telling people they can't have whatever unless it is state-approved
or amortizing the cost of your CEO being jailed to appease the state run media circus
or other court costs associated with medical litigation
or the whole insurance and billing racket propped up by the state
or manufacturing costs in their myriad of ways that usually loop back around to interference by the state


Government.
The government having the spare political will to enact these things is a symptom of a populace who doesn't give a shit about being nickle and dimed when it's not overtly their money.

You see the kind of dumbass sentiments that enable this sort of shit the time on this board from people who supposedly know better.

"It's no big deal it only works out to <single digit percent> per unit" type thinking doesn't work when you've got a supply chain that's two dozen parties long that adds up to a whole fuckton of money.

For a bunch of people who like to circle jerk about the power of a few % of interest compounded many times you'd think this wouldn't have to be explained.
 
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Quick refresh on what capitalism is.
 
Only nitpick with^...

Free Market >>>>>> Capitalism. Shouldn't use the language of your enemies. Marx coined the term to demonize the unfettered market.
 
Once you go down that road, it’s ok for me to steal from you because I had a set back.


I differentiate between someone whose sole purpose for being there is to try and enrichen himself by taking advantage of people in a desperate situation and someone who's just trying to see live to see the next sunrise.
 
I differentiate between someone whose sole purpose for being there is to try and enrichen himself by taking advantage of people in a desperate situation and someone who's just trying to see live to see the next sunrise.
should, then, the farmer not make a profit if there are hungry people? Or the builder not make a profit if there are homeless people? Or the Dr. if there are sick people?
Now you're creating a situation where you're using social credit scores - intersectionality of current "who is more worthy" and "who has more need" to determine what is appropriately earned profit... And if the seller - and the people supported by the sale - are in a better position.

In other words... From each according to his means, to each according to his needs.... Communism wins?
 
Why is the price higher in the US?
Good question...the new A1B insulin subs are in that category. They are the alternative to insulin for type2...and a weight loss med.
Ozempic can run as high as $1K/months supply (basically 4 shots) and insurance won't cover it.
Go to a compounding pharmacy where ya take it daily orally and its around $250/months supply and insurance won't cover it.
Have the primary care MD justify the cost via overweight, heart related and type 2 or pre type 2 and its now $40/month and insurance covers it...

Outside the US like Canada the $250 version is $60can but ya gotta meander to Canada...similar in other parts of the globe.

I get the demand part but that radical a price shift from one use to another from being a "convenience to avoid exersize" to required to exist price difference of $960?
 
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should, then, the farmer not make a profit if there are hungry people? Or the builder not make a profit if there are homeless people? Or the Dr. if there are sick people?
Now you're creating a situation where you're using social credit scores - intersectionality of current "who is more worthy" and "who has more need" to determine what is appropriately earned profit... And if the seller - and the people supported by the sale - are in a better position.

In other words... From each according to his means, to each according to his needs.... Communism wins?
Some of you dickbags are taking this a little too far trying to conflate helping someone in their time of need with an outright call for communism by not allowing any nuance of a specific situation.

If you come in with shit people need with the sole intention of profiting off the backs of people in an already dire situation, you're a dickbag and I have zero sympathy for anything that happens to you.

Fortunately there seems to be people out there willing to donate many of the things that people are needing currently, so I'm hoping the folks trying to profit off of this don't make a dime.

Sometimes helping people is more important than making a profit.
 
If you come in with shit people need with the sole intention of profiting off the backs of people in an already dire situation, you're a dickbag and I have zero sympathy for anything that happens to you.

But if that dickbag brought something that you really needed and were willing to pay extra for, is he still a dickbag or a savior?
 
But if that dickbag brought something that you really needed and were willing to pay extra for, is he still a dickbag or a savior?
If it was for sale at a given price and he raised the price significantly to make excess profit from my desperation... no.. he's a dickbag.
 
you realize that free market isn't always pretty... and there's no such thing as "excess profit." There is only expense and capital.
Where are you getting the idea that the USA has a free market? People keep posting that shit, but we don't have free market. We have a mixed economy at best. Just like we are not a "representative republic". Maybe we were designed that way, but it's not how the governemnt functions.

"whaaa, whaaaa, whhhaaaaa" well we should be a free market"
Well I should get blowjobs from my wife every night. but I don't and we aren't.
 
Where are you getting the idea that the USA has a free market? People keep posting that shit, but we don't have free market. We have a mixed economy at best. Just like we are not a "representative republic". Maybe we were designed that way, but it's not how the governemnt functions.

"whaaa, whaaaa, whhhaaaaa" well we should be a free market"
Well I should get blowjobs from my wife every night. but I don't and we aren't.
Bummer for you dude :flipoff2:
 
But if that dickbag brought something that you really needed and were willing to pay extra for, is he still a dickbag or a savior?
If it's marked up hundreds or thousands of percent over retail just because they think they can based on the situation, they're a dickbag.
 
How does time or distance play into this?
A few different situations I can think of.

1) There is an emergency today, I buy up all of something to immediately flip for profit.
2) I am not local. I am driving 12 hours across country for a planned trip and can bring a generator. What is that inconvienience to me worth? Do I sell to the highest bidder?
3) Lets say there is no current emergency. What if I buy 4 generators now and wait 1-2 years for the next local natural disastor. What % gain am I allowed to have? There is a risk of a loss...
 
If it's marked up hundreds or thousands of percent over retail just because they think they can based on the situation, they're a dickbag.
Why do you care what the markup percentage is when you need something and have the money for it?

"Sorry kid, I guess you gonna die. That dickbag wanted more than a reasonable amount for the lifesaving meds. Just bad luck on your part.":shaking:
 
Probably need another spinoff. Who doesn't own a generator and what are you waiting for? Or who hasnt prepared at all for the next natural disastor?
 
Probably need another spinoff. Who doesn't own a generator and what are you waiting for? Or who hasnt prepared at all for the next natural disastor?
Said it before and will again... Even if some of the victims were well-stocked preppers, floods are not forgiving... very hard to prep "around" a 500-1000 year flood event.
 
Probably need another spinoff. Who doesn't own a generator and what are you waiting for? Or who hasnt prepared at all for the next natural disastor?
people are stuck on generators... ok... I guess. I am talking about GAS and Water. Gas was $3.00 a gallon, on Monday. a storm moves in, and they now want $10.00 on Tuesday.


It's not a product that is indefinitely shelf stable.

You are locked in your area. Roads are closed, and curfews are in place to combat looting.

You have a generator, but you don't have 200 gallons of gas.

That is the product I see being gouged.

But this thread has become boring and redundant.
Y'all carry on.
 
If it's marked up hundreds or thousands of percent over retail just because they think they can based on the situation, they're a dickbag.
If someone is willing to pay hundreds or thousands of percent over retail, then what? Does that make the purchaser the dick in the dickbag?
Where are you getting the idea that the USA has a free market? People keep posting that shit, but we don't have free market. We have a mixed economy at best. Just like we are not a "representative republic". Maybe we were designed that way, but it's not how the governemnt functions.

"whaaa, whaaaa, whhhaaaaa" well we should be a free market"
Well I should get blowjobs from my wife every night. but I don't and we aren't.
The constitution is the principles upon which we were founded. Much like the combination of chromosomes makes a human a man or a woman. No amount of fake tits and makeup makes a man a woman, just like no amount of communism and government overreach makes America not a republic or not a free market.
Saying we are otherwise is you just saying you don't mind seeing an Adam's apple while you are motorboating.

people are stuck on generators... ok... I guess. I am talking about GAS and Water. Gas was $3.00 a gallon, on Monday. a storm moves in, and they now want $10.00 on Tuesday.


It's not a product that is indefinitely shelf stable.

You are locked in your area. Roads are closed, and curfews are in place to combat looting.

You have a generator, but you don't have 200 gallons of gas.

That is the product I see being gouged.

But this thread has become boring and redundant.
Y'all carry on.
When nobody buys 10/gal gas, the market will allow the seller to see the error of their ways and reduce the price before their product has zero value. Or they will let it spoil and nobody has either gas or money.
 
Why do you care what the markup percentage is when you need something and have the money for it?

"Sorry kid, I guess you gonna die. That dickbag wanted more than a reasonable amount for the lifesaving meds. Just bad luck on your part.":shaking:
What happens when you don’t have the money to pay the markup?

Guess I’ll just go die, but thank fuck the rich guy down the street had the cash to pay for it so the guy who sold it can make some profit.
 
Where are you getting the idea that the USA has a free market? People keep posting that shit, but we don't have free market. We have a mixed economy at best. Just like we are not a "representative republic

This is all true. You seem to recognize that a free market is best, but not in the case of emergency.

people are stuck on generators... ok... I guess. I am talking about GAS and Water. Gas was $3.00 a gallon, on Monday. a storm moves in, and they now want $10.00 on Tuesday.


It's not a product that is indefinitely shelf stable.

You are locked in your area. Roads are closed, and curfews are in place to combat looting.

You have a generator, but you don't have 200 gallons of gas.

That is the product I see being gouged.

But this thread has become boring and redundant.
Y'all carry on.

So would you rather have gas available at $10. If your answer is no, than just don’t buy it. If your answer is yes, why are you complaining? In a free market everything is available at some price. In communism, everything is cheap, but there’s nothing to buy. This is true emergency or not.
 
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