Price gouging

[nutmeg]

This brings another thought to mind.

So you have a business, a hurricane strikes. Now all of your regular day to day business sales are not happening. If you run a hardware store no one is coming in to buy paint. People need batteries, generators, etc. So now your 20k items in inventory is uselss and point less, nothing is going to sell except emergency supplies.

You are going to have to pay every bill and fixed expense based on the sale of a dozen items for the next few weeks. Now if you cannot raise the prices on the emergency and saleable items enough to pay overhead, you are going to go out of business pronto.

 

[Bob111]

that's what happens brother nutmeg, when people spend too much of their lives,relying too much on gvt..this is precisely why we have what we have in white house..
they saying on TV-there is a huge amount of complaints been files on price gouging,where gas station charging 10-30% more than "normal price"

f*** 10%??? common..you can find 10% spread between 2 gas stations 5 miles apart all day,every day in every city or county in US..big f** deal..

oh ...here-

The average price of gas over the last week is up about 15 cents a gallon in Long Island, 9 cents a gallon in New York City and 7 cents a gallon in New Jersey, AAA said. That contrasts with falling gas prices nationally. The national average is down about seven cents over the past week.

http://www.huffingtonpost.com/2012/11/05/hurricane-sandy-price-gouging-probe_n_2076922.html

in PA we can choose electric company,who will provide the electricity for your home. you like the price that they offer-you buy.there is about 30 providers or so to choose from. price spread? 10-30%. according to logic of complainers above-they all should be jailed.. those,who selling you electricity 10% and above from lowest guy in the pool.