Price gouging prevents hording. It is supply and demand at its finest. If you really, really need it, you'll pay. Those buying 10000 rolls of TP because they are idiots would stop if they had to pay a premium.
Totally right Titus. But the NWO instead wants to punish people for being independent and using free market ideas. What is sad is how many people are buying this nonsense only to subvert their own freedom.
I think it was Bill O'Reilly that had a segment talking about how companies have no incentive to stock pile supplies like these. Why waste inventory if you cannot sell at a premium when needed? Thus we have no inventory when needed.
That's why it's called price rationing. There will always be some form of rationing. If you don't have price rationing then the only other option is for the government to control the supply.
Destabilizing a market by preventing price discovery, is a pretense for having controlled goods.
Also not only do prices need to be able to move, but offered prices as well. Just because you list something at X dollars doesn't mean it's going to move at that price. But being able to list at that amount is part of how markets discover the best price. Without it the correct price is uncertain, the availability is uncertain, uncertainty grows, and everyone hoards knowing nothing is certain.
Most of this crisis is a crisis of states not understanding economics. And being as rash as possible during a potentially real crisis. Thank goodness this one isn't going to be a real one. We aren't even going to double our deaths this year even if we let it run rampant. And had we did we could have handled it. Instead 100% of this crisis will be state generated, but imagine if we had a real crises and these clowns running the show. They are a real liability should a real crisis arise considering they will stack crises on you in addition to the real one.
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