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Author: lowstudent Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 749505  
Subject: Re: Price-gouging laws suck Date: 11/18/2012 8:22 AM
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But you don't have the right to extra benefits because of a circumstance you did not create, and that's what raising prices after a disaster is.
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So you believe a company say with, excess Apples when the next batch comes in and the price comes down should be able to force their customers to pay more since it is fair?

Or if a station has gas in its' tanks when the price craters, they should be able to force their customers to pay more? Not sure how you make them come but there can be a mechanism developer I am sure.

I know here, the smart businesses went with the loyalty issue over the bucks. It will be interesting to see how it plays out

But letting the price float makes the most sense. Say if gas stations had been allowed to price according to demand -- we would not have had idiots topping off their tanks when they were half filled and creating lines for everyone, and others buying fuel in cans to leave around just in case in the face of an emergency.

Demand and price actually have a function IMO
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