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Joined: Oct 2004
Posts: 24,670 Likes: 1
Campfire Ranger
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OP
Campfire Ranger
Joined: Oct 2004
Posts: 24,670 Likes: 1 |
In response to the "Remember those who price gouged us on ammo".
In a competitive capitalistic market, price gouging actually plays an important role in the overall market. Not just in ammunition, but in all commodities. And we have seen where anti-price gouging legislation has had a very negative effect on markets.
So the role of price increases or gouging is to get the public to modify their behavior. It's the market's way to slow down demand so production can catch up. Its an important tool to stabilize markets when the behavior of the consumers gets out of balance.
None of us like it, but it has to happen for the market to stabilize. Until we do something to change the behavior of the hoarders, this market isn't going to stabilize.
This is economics 101...you learn this in your very first economics class.
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Joined: Jan 2004
Posts: 10,323 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 10,323 Likes: 4 |
It would seem that folks would realize this is going to happen. Every time a gun grabber gets some power, guns/ammo prices go up. Every time they rattle the cage a bit, prices go up.
Stock the hell up when prices are low and quit whining when prices go thru the roof.
Black Cows Matter!
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Joined: Nov 2005
Posts: 2,847
Campfire Regular
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Campfire Regular
Joined: Nov 2005
Posts: 2,847 |
"Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same." - Ronald Reagan
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Joined: Feb 2005
Posts: 4,435
Campfire Tracker
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Campfire Tracker
Joined: Feb 2005
Posts: 4,435 |
Buy low, sell high.
Buy low.......so you don't have to buy high.
Buy much low, if you shoot lots.
Don't shoot low, aim high.
"Those that think they know everything are annoying those of us that have Google." - Dr. D. Edward Wilkinson
Note to self: Never ask an old Fogey how he is doing today.
Revised note to self: Keep it short when someone asks how I am doing.
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Joined: Dec 2005
Posts: 3,003
Campfire Tracker
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Campfire Tracker
Joined: Dec 2005
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Stop talking like a libertarian. Nobody in their right mind would want a market free of protectionism and price fixing.
Living in a world of G17s and 700s, wishing for P7s and 202s
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Joined: Jul 2011
Posts: 6,172
Campfire Tracker
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Campfire Tracker
Joined: Jul 2011
Posts: 6,172 |
It would seem that folks would realize this is going to happen. Every time a gun grabber gets some power, guns/ammo prices go up. Every time they rattle the cage a bit, prices go up.
Stock the hell up when prices are low and quit whining when prices go thru the roof. The gun grabbers definitely kick the process off. Nearly 40 million new guns sales in 2020. If every new shooter bought one box of ammo that puts availability in a steep decline. I worked at Bass Pro before the election in 2015 when Hillary was going to be a land slide. There wasn't a gun to be found aside from some black powder stuff. Ammo stayed OK but there were no guns to be had anywhere.
Fight fire, save lives, laugh in the face of danger.
Stupid always finds a way.
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Joined: May 2016
Posts: 60,662 Likes: 37
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,662 Likes: 37 |
Yes. The Bullshit Covid 19 global bullshit was in my first year economics class.
I am MAGA.
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Joined: Feb 2010
Posts: 17,927
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 17,927 |
Are home prices a “gouge” right now?? 🤣
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Joined: Jun 2003
Posts: 42,632 Likes: 2
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jun 2003
Posts: 42,632 Likes: 2 |
In response to the "Remember those who price gouged us on ammo".
In a competitive capitalistic market, price gouging actually plays an important role in the overall market. Not just in ammunition, but in all commodities. And we have seen where anti-price gouging legislation has had a very negative effect on markets.
So the role of price increases or gouging is to get the public to modify their behavior. It's the market's way to slow down demand so production can catch up. Its an important tool to stabilize markets when the behavior of the consumers gets out of balance.
None of us like it, but it has to happen for the market to stabilize. Until we do something to change the behavior of the hoarders, this market isn't going to stabilize.
This is economics 101...you learn this in your very first economics class. Excellent post, when you are dealing with rational thought, but you know the multitude of prepper-kook fringe loons just HAVE to have that stuff, so half of them pay the price whilst the other half are willing to spend hours in line, talking to other kooks to buy a box of 9mm ammo and sell it for X times the price... During the last "crisis" and before I quit patronizing Was Mart, there was one guy who used to hang around the gun counter FOR HOURS with a cell phone, apparently in cahoots with another KOOK, just waiting for the ammo delivery, I asked him and he told me he made lots of money at the local "flea market' on weekends..
A good principle to guide me through life: “This is all I have come to expect, standard lackluster performance. Trust nothing, believe no one and realize it will only get worse…”
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Joined: Feb 2010
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Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 17,927 |
If Walmart bumped their prices and limited sales it’d be a different story I bet.
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Joined: Apr 2006
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Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2006
Posts: 9,578 Likes: 1 |
In response to the "Remember those who price gouged us on ammo".
In a competitive capitalistic market, price gouging actually plays an important role in the overall market. Not just in ammunition, but in all commodities. And we have seen where anti-price gouging legislation has had a very negative effect on markets.
So the role of price increases or gouging is to get the public to modify their behavior. It's the market's way to slow down demand so production can catch up. Its an important tool to stabilize markets when the behavior of the consumers gets out of balance.
None of us like it, but it has to happen for the market to stabilize. Until we do something to change the behavior of the hoarders, this market isn't going to stabilize.
This is economics 101...you learn this in your very first economics class. Agreed, I just wish that the 1st level sellers (brick and mortar, powder valley, midway, MidSouth, etc, etc, etc) would be the ones raising their prices rather than the grey/secondary market.
I can walk on water.......................but I do stagger a bit on alcohol.
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Joined: Nov 2004
Posts: 10,034 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 10,034 Likes: 4 |
The less intervention in a market the quicker it will sort itself out. Hopefully we will see another opportunity to buy low before the government really screws things up.
My wondered why I had so much ammo when we got married 10 years ago. I told her it was better than money in the bank. She believes me now. I was going to make another big purchase last year in February but covid kicked off the buying frenzy early and I missed my chance. If it gets cheap again I'll be restocking.
Bb
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Joined: Jul 2001
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Campfire Kahuna
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Campfire Kahuna
Joined: Jul 2001
Posts: 60,177 Likes: 20 |
The interesting thing about this latest of several shortages since the Clinton "assault rifle ban" isn't the shortages or prices, or so the so-called "gouging," but how many (supposed) shooters/handloaders didn't learn anything from the past quarter-century.
Yes, some were in grade school during the Clinton years, but most were around during the Obama/Hillary panics.
“Montana seems to me to be what a small boy would think Texas is like from hearing Texans.”
John Steinbeck
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Joined: Nov 2002
Posts: 33,765 Likes: 7
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,765 Likes: 7 |
John,
I do not know your situation but given primers and your livelihood, PM me if need be.
Ed
Conduct is the best proof of character.
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