Reply To: Price Gauging on a Free Market

#17326
rt
Member

Price gauging is not really a problem but the necessary adjustment process necessary for supply and demand to equilibrate. If demand for a product increases (as is the case now), its price has to rise. When this is not allowed to happen, there will be shortages as you see right now. Long lines are the consequence.

Check out this article:
http://lfb.org/today/gas-lines-are-not-sandys-fault/
and this video: