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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (321393)1/17/2007 5:05:22 PM
From: TimF  Read Replies (1) of 1574094
 
Home Depot may have charitably sold its goods at below market prices. If it chooses to do so that is its prerogative. But for important goods in shorter supply, that doesn't really make things better for the community, only for the first few who are lucky enough to grab the goods first. Scarce goods can be rationed by price, if you don't do that they just get rationed by some other method, they remained scarce.

The Banker in It's a Wonderful Life, was trying to corner the local market, an action which has no real connection with supporting an open competitive market with freely changing prices.
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