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

> hoards before supply runs out
> gouges price
> loses money?

you *can't* make any more during a shortage, that's *the definition* of a shortage

@Goddess Tyche yes, that's economics

no one cares what you think coolitic. the dudes been arrested. good luck explaining economics to people in a crisis. this is what you people do not get. Taking action will always be favored by the masses, rather then standing by.

And you. People like you. Let other people make the decisions and the actions while you just sit there like oh no muh economics

yes, buying low and selling high loses you money

I don't know what dude you're talking about, and no, I am just describing a *reality* you cannot change

fucking retard

no, buying and selling in a short-period of time is always a loss, you want to even it out and avoid large dips or hills

which is why you have extra stock to *prepare* for a shortage, that's just responsible stock-keeping