Stop calling it gouging.

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My assumptions did turn out to be true. Might be biased, but true. Two biggest defenders turned out to be selling something.

Nah. Your assumptions are true for you and your opinions. And for the record, I'm not selling anything at any price right now.

At any rate I'm done with this thread.

Well, just in case you can't resist takin' one more peek...

Here's how it works.
****************

"How much you want for that?"

"Two grand."

"That's too much! I refuse to pay that much!"

"Okay. Happy shoppin', then."
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From another perspective:

"Nice rifle. I'll give you 1500 dollars for it."

"Nope. Gotta have two grand for it."

"Too much. Have a nice day."

"You too."
*****************

And:

"Nice rifle. I'll give you two thousand dollars for it."

"Sold!"
*************

And one more:

"Nice rifle. I'll give you 1500 dollars for it."

"Nope. Gotta have two grand for it."

"Will ya take 1750"

"Make it 1850 and ya got a deal."

"Make it 1800."

"Done!"
 
I think it's only really gouging if a) a price is set high in opposition to the price the market would place them, and b) the buyer is not in a position to either seek the product elsewhere or pass on buying the product all-together.

So charging people stranded in Florida City $10 for a half-liter bottle of drinking water after Hurricaine Andrew back in 1992 was gouging. Buy or die...it was August in Florida.

Charging $50 for a $15 Pmag? Don't like the price, don't buy it. Don't wanna pay $1 a round for 5.56? Shoot your 30-30. Don't wanna pay $2,000 for an AR-15? Buy an NEF Pardner. Etc, Etc, Etc.
 
Haha. A vaild point, Sam. The point I was trying to make to Browning is that he should, in general, read things more closely instead of being so quick to judge. In my particular case, my prices met his "fair" pricing scheme perfectly which sort of undercuts his attempts to put me in a pillory as a gouger.

It actually made for an excellent example of why central planning in a "browning style" economy never works. The central planners cannot ever know enough about the details of each transaction to make a rational decision.

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So charging people stranded in Florida City $10 for a half-liter bottle of drinking water after Hurricaine Andrew back in 1992 was gouging. Buy or die...it was August in Florida.

In that situation it's even more important than ever to let the price mechanism work. That $10 dollar price will encourage people from outside the area to bring in supplies even though it might be expensive and difficult to do so. Some people with plenty of water may bring it out into the market rather than leaving it in their basement. At the same time that high price discourages people who already have enough to from buying up all the available water. The net result is that more water will be available to third who really need it than if prices had been artificially capped.

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It is not gouging. Yes, it is all based on free market economic principles. We don't need the items. If you can't afford it, you can't buy it.

Nonetheless, our whole economic system is based on good old fashioned avarice. Thats the way it is.
 
Nonetheless, our whole economic system is based on good old fashioned avarice. Thats the way it is.


Capitalism is the only economic system that works with human nature, rather than against it.
 
There is a right to complain. There is no right to be free from criticism about your choice to charge a fortune or to pay one.

Part of the free enterprise system is the freedom to call you a fool for paying too much or asking too much.
 
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