Join TexasGunTalk

Thoughts on "Price Gouging"?

Discussion in 'News Articles' started by subseashooter, Mar 16, 2020.

  1. subseashooter

    subseashooter Use Your Imagination..... Lifetime Member

    1,880
    142
    63
    Apr 7, 2013
    Here and There
    https://issuesinsights.com/2020/03/...63oSydSBV3fSOb-eoNAuvT9l6vFl-MboPyYMWys7GKS-Y

    I ran across this on my facebook feed, and I personally agree with it.

    When stuff goes sideways, a free market will correct itself.

    And those that choose to blatantly abuse consumers - ahem - *CTD* - *coughcough* - will eventually pay the price.

    But adjusting to market demands throttles the supply/demand curve, IMHO.

    Thoughts?

    Sent from my SM-G950U using Tapatalk
     


  2. kbaxter60

    kbaxter60 Hill Country State of Mind

    1,566
    3,472
    113
    Jan 23, 2019
    Pipe Creek
    After reading that and reflecting on it a bit, I am having mixed emotions.
    I actually would not begrudge a merchant raising a price somewhat (note the "somewhat") for items that are selling like crazy. They make a little more profit on an item that they may have trouble keeping in stock. And who gets hurt he most? The IDIOTS who are buying up 10x their normal monthly usage because they are panicked sheep.
    Now, for the seller that wants to completely take advantage of the need and fully GOUGE the consumer? I think that the normal market forces will take care of them. They should be dragged into the light of day and heavily ridiculed. They should get the best form of bad advertising possible. They should be shamed and hounded until they are no longer relevant. Is CTD still a thing? If they are, I have not looked at them since the last fiasco. I hope that their business is in the sewer.
     
    jordanmills and Axxe55 like this.
  3. txinvestigator

    txinvestigator TGT Addict

    14,089
    1,715
    113
    May 28, 2008
    Ft Worth, TX
    I always gauge prices. :p
     
  4. Kar98

    Kar98 TGT Addict

    4,367
    3,976
    113
    Aug 8, 2016
    DFW
    Raising the price of your merch slightly to prevent hoarding? OK.

    Buying up the entire supply of a region cheap and attempting to sell at super inflated prices? - Hang the SOB.
     
    JColumbus, Axxe55, G O B and 5 others like this.
  5. pronstar

    pronstar TGT Addict TGT Supporter

    5,063
    10,992
    113
    Jul 2, 2017
    Dallas

    Profiteering becomes predatory when lives are at stake.

    Hang ‘em as a lesson to others.


    Sent from my iPhone using Tapatalk Pro
     
    JColumbus, Axxe55, Charlie and 4 others like this.
  6. kbaxter60

    kbaxter60 Hill Country State of Mind

    1,566
    3,472
    113
    Jan 23, 2019
    Pipe Creek
  7. Hoji

    Hoji Bowling-Pin Commando

    8,995
    6,746
    113
    May 28, 2008
    Mustang Ridge
    Wow. I wonder how many orders they canceled yesterday. Some of those prices are $100 more than the same product was yesterday
     
    toddnjoyce and TxStetson like this.
  8. Bozz10mm

    Bozz10mm TGT Addict TGT Supporter

    6,327
    3,549
    113
    Oct 5, 2013
    Georgetown
    Southpaw and toddnjoyce like this.
  9. Nietzsche

    Nietzsche Member

    166
    72
    28
    Jan 21, 2016
    Capitalists in action...nothing to see here.
     
    SURVIVOR619 likes this.
  10. toddnjoyce

    toddnjoyce TGT Addict

    6,381
    12,460
    113
    Sep 27, 2017
    Boerne
    Here’s the AG’s policy on price gouging.

    https://www.texasattorneygeneral.go...gency-scams/how-spot-and-report-price-gouging

    I’ve reported CTD to the AG’s office.
     


    Rhino, JColumbus, Maverick44 and 9 others like this.

Share This Page