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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (321605)1/18/2007 6:34:25 PM
From: TimF  Read Replies (1) | Respond to of 1574843
 
In those extreme circumstances the principle shows its practical benefit most clearly. Abandoning it is very impractical.

The sellers might be greedy, but they aren't scamming anyone. Its not fraud, its an offer to sell based on price.

What if it wasn't a commercial venture. What if I had ice for my own personal use, just enough to keep my food from going bad, but some rich person offered me 1000 times the pre-disaster price for the ice. Would I be a greedy slimy obscene scammer for taking it?

Step back for a moment and think about what you are saying... these are real people.

Which is exactly why the price controls are a bad idea. They harm real people, both the potential and actual buyers, and the sellers. They buyers benefit from the purchase or they wouldn't be buying. You remove that benefit.