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


To: TimF who wrote (321643)1/18/2007 7:23:54 PM
From: combjelly  Read Replies (1) | Respond to of 1574854
 
"Where does "no customers" come from?"

If prices are high enough, it would be the case. Why is it a bad thing for a store to sell out if there will be more supplies soon?

"Were talking about situations where demand far outstrips supply (at least at the previously prevailing prices)."

And you seem to feel it a bad thing if the seller doesn't maximize his or her profit. Is this some sort of religious thing?

"That would be an odd take on the matter, but not one that I expressed or would agree with."

Ok, then what do you mean, then? You seem to feel there is less suffering if enough people are priced out of the market to balance supply and demand. Or maybe that a person with more money suffers more acutely than someone who has less.

Ok, consider this. Say there is some common item, like an orange. Two people have a rare disorder in that if they don't eat an orange a day they die. So a hurricane roars through, and all the oranges are destroyed except for one. Now one of those people has enough money to cover the normal cost of the orange, say a buck. The other guy has $1,000 in his pocket. Should it be first come, first serve? Or should it be higher bidder? You are basically arguing that the only fair way is highest bidder.