MountainBear said:
God forgive me for being naive. But I swear all the greedy, I got mine so you're SOL people around here are surprising. You know, I've been unemployed or underemployed, or in school since the assault weapons ban ended. I've had to sell guns to pay bills, tuition, etc, so I couldn't even think about having several AR's, hi-cap mags aplenty, and cases of my favorite ammo sitting around. Wish I did, I miss being able to shoot. Some of us did not have the choice to stockpile between the sunset of the ban and the paranoia.
I agree with several of you who said that things are worth what people are willing to pay, but think the better point is that when suppliers, manufacturers, politicians, etc. are conspiring to create a panic, it stops being free market and crosses the line into gouging.
You think you're the only one who's had it rough? It took me nine years to finish school, with sporadic employment in between. I don't have a "stockpile" of anything; I think the closest I have is a thousand rounds of .22LR, and that cost me damn near forty bucks.
But in my nine years of schooling, I took classes in economics and marketing. I learned all sorts of neat things about supply and demand, marginal utility, risk, marketing utility (place, time, financing, selection, transportation/logistics, etc.) and other such topics. All of it together says one thing: in times of high demand, high prices are a
good thing. High prices mean higher profit, encouraging increased production. High prices also act as a natural rationing system, ensuring availability to those most in need: if a need (demand) is great, the price will be paid, while a lesser need (demand) will forgo the high price. To the poster who mentioned the $10 bottled water after Katrina, I'll bet you didn't buy two pallets "just in case," did you?
Yes, it sucks when you're the one having to write the cheques, but (in case your parents forgot to tell you)
life isn't fair. The guy who bought extra before things went South is going to come out ahead of you. Get used to it, or get ready for a long and bumpy ride through life. And stock up before the world panics next time--it's not like there were no warning signs that prices would be rising.