Originally Posted by
Maelochs
Crap
Sure restaurants were buying those generators. Crap. The people buying those generators were rich people who wanted air conditioning.
As for formula. What, poor people don’t have babies? Or it is okay if they die?
Again , who bought the stuff were the people with credit cards with high limits Absolutely nothing to do with who needed what.
You are not the only person who has lived through that…… nor are you the only person I have heard claim that people who have more money are more deserving.
You're certainly correct, to some degree. However, a price ceiling would not fix those problems, and would probably exacerbate them since it would reduce the incentive for people to ship more of those items to the stricken area. It would probably also lead to a black market in which those who nabbed those items at lower prices (who just happened to be first in line for them) would re-sell them for profit to those who are willing to pay market price. Just look at concert ticket pricing: whenever an artist insists that Ticketmaster charge below-market prices for their tix, third-parties snatch them up and re-sell them at whatever prices the market will bear. Same thing.
The problem you've identified won't be fixed with price ceilings; it'll be fixed with a different income distribution or with direct-to-consumer subsidies.
And still no one has shown us an example of a reasonably common bike tire that can't be bought for <$100.