@soix Take a look at the very interesting post from retiredfarmer above. Unfortunately, I think he has some very good points.
Showing 5 responses by daveyf
@soix You don't see the factors you mention as being present now???? |
@ghasley You are right with regards to your last paragraph when it comes to pricing. Unfortunately, in a true capitalistic society the ability to have no price controls is paramount, and as such free market reign is also paramount. The result of this is what we are now seeing in a number of areas of inflation...caused by legitimate market factors, and most likely many non-legitimate market factors ( like simple profiteering and gouging!) ( LOL, unfortunately some will probably argue that even these non-legitimate factors are perfectly acceptable in a truly free capitalistic system!) |
@ghasley When Covid first hit, I saw a report of a young lad who decided he was going to buy up huge supplies of hand sanitizer. Apparently, he did succeed in this and was able to temporarily impact the supply of hand sanitizer. This bad actor then released on a limited basis these hand sanitizing bottles at prices that were 10-20 times what the typical cost had been before the onset. This was found to be price gouging and the Feds shut this fellow down. I guess you have never been the target or the subject of price gouging, otherwise you may not be justifying those actions...no?? |
@greenngoldcheesehead I would definitely take the folks at the economic forecasting firm to Vegas with you. Should be able to make you a fortune! |