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The Water Cooler
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A different perspective on price gouging
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<blockquote data-quote="henschman" data-source="post: 2047080" data-attributes="member: 4235"><p>Prices will come back down when supply catches up with demand. It took about a year and a half in the '08 panic. I'm guessing it will be similar this time. </p><p></p><p>But as to the main issue in this thread, you can give it whatever pejorative labels you want, but bottom line, people have a right to dispose of their own property however they want, and they have a right to form contracts with other consenting individuals based on whatever terms they both agree to. The fact that somebody has a right to do something doesn't mean you have to like it (only that you refrain from forcibly preventing them from exercising it), but I see no good reason to get bent out of shape about willing buyers coming together with willing sellers based on mutually agreeable terms.</p></blockquote><p></p>
[QUOTE="henschman, post: 2047080, member: 4235"] Prices will come back down when supply catches up with demand. It took about a year and a half in the '08 panic. I'm guessing it will be similar this time. But as to the main issue in this thread, you can give it whatever pejorative labels you want, but bottom line, people have a right to dispose of their own property however they want, and they have a right to form contracts with other consenting individuals based on whatever terms they both agree to. The fact that somebody has a right to do something doesn't mean you have to like it (only that you refrain from forcibly preventing them from exercising it), but I see no good reason to get bent out of shape about willing buyers coming together with willing sellers based on mutually agreeable terms. [/QUOTE]
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