"price gouging is a vital market function blah blah blah"

Pffffffftttttttt
<:pepelaugh:544857300179877898>

https://archive.vn/1qTY9

was literally a jewish dude who coughed on the agents <:sarGOY:462286263622303754>

<:pepelaugh:544857300179877898> man you cant even make this shit up

Oof

```Feldheim allegedly sold certain designated materials, including N95 respirators, to doctors and nurses at inflated prices. In one instance, on March 18, 2020, a doctor in New Jersey contacted Feldheim via a WhatsApp chat group labeled “Virus2020!” Feldheim agreed to sell to the doctor approximately 1,000 N95 masks and other assorted materials for $12,000, an approximately 700 percent markup from the normal price charged for those materials. Feldheim directed the doctor to an auto repair shop in Irvington, New Jersey, to pick up the order. According to the doctor, the repair shop contained enough materials, including hand sanitizers, Clorox wipes, chemical cleaning supply agents, and surgical supplies, to outfit an entire hospital. Feldheim later told the doctor that he had been forced to move all of those supplies from Irvington to another location.```

@Eden Are the feds actually getting involved in 1-5% markup equivalent to a few hundred dollars?! That's just ridiculous. There's nothing wrong with those kinds of price fluctuations. Also, from 2009 prices should have gone up. That's some crazy clown world bullshit

If it was +40% then it might be worth looking at

If it was a regular occurrence at +100% then that's really the only time it's worth looking at

@Troye it was many hundreds of oercent

He's also a fucking like so who cares tbh

He worships a literal kike whore, Ayn Rand, so no use of arguing with that retarded faggot

most people don't like Ayn Rand

Ayn Rand?

More like Ein Ran(ci)d pussy, roflmao 🤣

including libertarians

*that being said,* that doesn't mean you can't get useful information out of some of the things she's said

for example, Keynesian economics is a complete joke, yet people understood the value of aggregate demand in the general economy that Keynes emphasized, at least until it was replaced by the better concept of debt deflation that is

Price gouging is a important market function during a crisis. Allows the people that really needs it the most to get it while industry responds to demand. Also if the economy was free we would respond a lot better to a crisis. The only thing government knows is to shut things down. A lot more will kill themselves due to economic factors because of this move during this crisis compared to the people that will die from the virus.

> Allows the people that really needs it the most

false

True. People that dont really need it will not purchase it because of the cost while people that are really in need will pay for it.

Yes, because everyone has daddy's money.

Fucking autist sperg.

We are not talking about purchasing a brand new car. We are talking about relatively cheap medical supplies.

No we're not, because they're PRICE GOUGED, you moron.

Also you do not have a claim on my life. A claim on my wealth. Price gouging is also limited by supply and demand. If you increase the price a million percent then there is probably a guy next door willing to sell it for less.

lmao

Lets try to think with our heads instead of our hearts you stupid fucking roastie. This is why you shouldnt be able to vote

<:spurdo:500782204788670474>

no, he's right, increasing price is important on the supplier's side when supply is low

else you get scalpers that gouge *a lot* more, and a more unstable supply too

muh GDP

unrelated to GDP, just basic supply logic

dont care <:pepelaugh:544857300179877898> we will take your warehouse of masks faggot

>commie
🚁

"We need to price gouge so someone else doesn't price gouge *more*."

yeah, that's the reality of it

you aren't going to magically make more supply

you have x number of stuff, you can't make more on a dime

it doesn't cost you money to make more, it costs you time

you're acting like the supplier is somehow being greedy by not producing more

and coughing on agents who ask him questions. get fucked.

@Coolitic No, we're acting as if someone is being a fucking hoarder for monetary gain like some kind of fucking semite.

hoarding makes you lose money

this is what happens when you don't take a basic economics class, or ever manage a business yourself