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.