Price Gougers: Mercenaries or Life-Savers?
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My wife ran across this post on price gouging (caution — f-word):
The price-gouging part is on the bottom part of the post.
It’s criticizing the views of John Stossel here:
Stossel’s basic argument: Because the price gougers are looking out for themselves, the stuff people need in times of emergency is available, and therefore price gouging is important and very much a good thing.
The view at ChekhovsMistress.com (caution — f-word alert on that post): In a true emergency, even the price gouger will sell out at the inflated price because people need what is being sold. So what is accomplished except lining the gouger’s pockets because the people were held over a barrel?
What do you all think? Price gouging good or bad?
