This shows Harry's lack of understanding concerning basic supply and
demand.


"Harry Krause" wrote in message
...
OlBlueEyes wrote:

This is why prices are behaving as they are, and why prices ALWAYS rise
in any "crisis" situation. People who complain about $500 generators
selling for $3,000 or $5 plywood boards selling for $25 don't understand
basic economics. There aren't enough generators or plywood boards for
everyone, so prices self-regulate.

Sometimes, but more likely, the sellers are taking advantage and gouging.

The stations in my immediate area raised their prices nearly $1.00
overnight. There's no shortage, there's no lines, and it's unlikely all
the stations just received thousands of gallons of higher priced gas.

It's gouging.

Do you listen much to grownup news? When I hear mention of oil price
increases, it's almost always like this: "Oil rose $X per barrel today in
Singapore trading, based on fears caused by London bombings / latest
increase in violence in Baghdad / tropical storm somewhere. This hurricane
is the first REAL reason there's been in quite some time.


"Starbucks" wrote in message
...
This shows Harry's lack of understanding concerning basic supply and
demand.


"Harry Krause" wrote in message
...
OlBlueEyes wrote:

This is why prices are behaving as they are, and why prices ALWAYS rise
in any "crisis" situation. People who complain about $500 generators
selling for $3,000 or $5 plywood boards selling for $25 don't understand
basic economics. There aren't enough generators or plywood boards for
everyone, so prices self-regulate.

Sometimes, but more likely, the sellers are taking advantage and gouging.

The stations in my immediate area raised their prices nearly $1.00
overnight. There's no shortage, there's no lines, and it's unlikely all
the stations just received thousands of gallons of higher priced gas.

It's gouging.