Price gouging is good...
Price gouging provides extra money for suppliers to buy larger shipments of necessities and pay added costs for urgent delivery and extra employees under crisis conditions. Wholesalers and distributors quickly reroute supplies to disaster areas where increased demand covers the added costs and permits a greater profit. To defeat price gouging further hurts those who are already hurting.
Price gouging is great! Higher prices cause people in non-damaged areas to delay purchases of building materials, freeing the material up for sale in disaster areas. Protests of price gouging are made by the same people who whine about bare shelves in non-gouging stores. Price gouging is how free market pricing restrains buyers...
All goods are private property and sellers can charge whatever they wish or not sell at all. Anti-gouging laws cause sellers not to reroute items to disaster areas and to delay selling near disaster areas. People who support anti-gouging laws are ignorant statists who cut their own throats...
Price-gougers should be praised. Sellers who do not gouge prices do not do themselves or consumers any favors. They encourage hoarding and lessen their ability to increase replenishments...
... anti-gouging laws achieve the opposite of what was intended...
socialist economies demonstrate that government attempts to suppress prices causes greater shortages and suffering. The laws of supply and demand do not change by popular edict.
The "correct" price for all goods at all times is the highest price anyone will pay. That is how Capitalism creates abundance and prosperity. Price gouging is beneficial.
Price gouging is good ! The Libertarian Attorney Rex Curry shows why. Image http://rexcurry.net/price-gouging-rexcurrydotnet.jpg
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