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Joined: Feb 2009
Posts: 6,767 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Feb 2009
Posts: 6,767 Likes: 1 |
Socialists call it price gouging, Capitalists call it supply and demand. call it what you will, that's just semantics, but instead of going to the local mom&pop first like i always did, i just go online and make no effort to 'buy local' at that place. another example of capitalism at work...
Guns don't kill people, drivers with cell phones kill people.
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Joined: Sep 2012
Posts: 8,738
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2012
Posts: 8,738 |
It's only worth what someone will pay for it. Is this week different than last week? You bet. Is it worth paying for it if you think or know you need it? That is what drives prices. No apoligies needed anymore than laughing at the others are needed.
Sean
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Joined: Dec 2006
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Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
Socialists call it price gouging, Capitalists call it supply and demand. call it what you will, that's just semantics, but instead of going to the local mom&pop first like i always did, i just go online and make no effort to 'buy local' at that place. another example of capitalism at work... LMAO at your righteous indignation. I hope you need something at the last minute from that Mom & Pop, and you find it closed. Merchants need to make profits and keep making them. If they recognize that there won't be any stock to sell for a prolonged period, they must get what the market bears and salt it away to keep the doors open.
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: May 2007
Posts: 14,654
Campfire Outfitter
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OP
Campfire Outfitter
Joined: May 2007
Posts: 14,654 |
Socialists call it price gouging, Capitalists call it supply and demand. call it what you will, that's just semantics, but instead of going to the local mom&pop first like i always did, i just go online and make no effort to 'buy local' at that place. another example of capitalism at work... Yep, it is another example. A good one. If more people felt like you the shop would go out of business and the next guy would hopefully learn from his mistakes and successes. But evidently they don't.
your flippant remarks which you so adeptly sling
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Joined: Feb 2009
Posts: 6,767 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Feb 2009
Posts: 6,767 Likes: 1 |
Socialists call it price gouging, Capitalists call it supply and demand. call it what you will, that's just semantics, but instead of going to the local mom&pop first like i always did, i just go online and make no effort to 'buy local' at that place. another example of capitalism at work... LMAO at your righteous indignation. I hope you need something at the last minute from that Mom & Pop, and you find it closed. Merchants need to make profits and keep making them. If they recognize that there won't be any stock to sell for a prolonged period, they must get what the market bears and salt it away to keep the doors open. i'm fine if it's closed...havent stepped foot in the place in 4+ years. bought a half dozen guns there over the years before that though.
Guns don't kill people, drivers with cell phones kill people.
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Joined: Jan 2001
Posts: 28,425 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 28,425 Likes: 6 |
Simply a matter of moral relativity.
If I am the seller and can make a multiple hundred percent profit on an unexpected event, it is good business and simply capitalism at its finest.
If I am a buyer caught unawares and now seeking to purchase items, it is an unfair, disgusting abomination in the eyes of God and man which will surely condemn the gouger to eternity in Hell.
I got some surplus, dented GI M-16 mags I brought back from the Army 37 years ago, I'll let'em go at $100 each...
Gunnery, gunnery, gunnery. Hit the target, all else is twaddle!
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Joined: Mar 2009
Posts: 24,619
Campfire Ranger
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Campfire Ranger
Joined: Mar 2009
Posts: 24,619 |
Would ANYONE buy IBM for a dollar, then have it go to $10 and sell, but tell the new buyer to only pay you $2?
Have Dog
Will Travel
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Joined: Nov 2008
Posts: 3,465
Campfire Tracker
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Campfire Tracker
Joined: Nov 2008
Posts: 3,465 |
I got some stuff to sell, and I fully expect to make a profit. But i still have to sleep at night.
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Joined: Dec 2007
Posts: 16,173 Likes: 9
Campfire Ranger
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Campfire Ranger
Joined: Dec 2007
Posts: 16,173 Likes: 9 |
Every hotel/motel raises their rates during the rush season...standard M/O...
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Joined: Nov 2007
Posts: 19,722
Campfire Ranger
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Campfire Ranger
Joined: Nov 2007
Posts: 19,722 |
Every hotel/motel raises their rates during the rush season...standard M/O... Yep its a simple choice you don't have to buy unless the government is involved.
NRA Lifetime Member
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Joined: May 2007
Posts: 14,654
Campfire Outfitter
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OP
Campfire Outfitter
Joined: May 2007
Posts: 14,654 |
Toad, not trying to argue, but just for conversation...
At a 15% markup of six $800 guns, they made $720 off of you.
If current stories are to be believed, they could make more off of 20 PMags than several years of your shopping.
Not that it will, or should, make a difference to you. Just for conversation.
your flippant remarks which you so adeptly sling
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Joined: Jun 2002
Posts: 132,008 Likes: 59
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 132,008 Likes: 59 |
Every hotel/motel raises their rates during the rush season...standard M/O... Yep, they have to make up for those periods when the competition for customers is steep and they must charge near cost to get any at all. During those times, customers are "gouging" the hotel owners, right?
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Joined: Nov 2002
Posts: 33,822 Likes: 15
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,822 Likes: 15 |
"What's wrong with price gouging?"
I do not believe it exists, so, nothing.
Conduct is the best proof of character.
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Joined: Jan 2001
Posts: 28,425 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 28,425 Likes: 6 |
From a purely economic standpoint it is simply finding that point where the supply and demand curves meet.
But as with most things, there are unintended consequences. During the last shortage when you couldn't find powder or much less primers for love nor money, a certain store in town had piles of each at $30/pound for powder (which had sold just prior for $18-$19/lb) and primers for $60/brick.
I remember that and will never, ever buy anything from that store. My personal boycott won't cost them their business but I believe my feelings are shared with at least some other folks.
Gouging Drastic price hikes in response to unexpected demand are good for the short term profit, which is what concerns most business people in America. Long term good will does not seem to be regarded as a valuable business asset, possibly because the losses suffered by its lack are impossible to quantify.
Gunnery, gunnery, gunnery. Hit the target, all else is twaddle!
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Joined: Dec 2006
Posts: 28,172
Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
In this internet/box store age there is very little loyalty to local merchants. Why should they reciprocate?
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: Jan 2001
Posts: 28,425 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 28,425 Likes: 6 |
Which came first, the chicken or the egg?
Perhaps the disloyalty to local stores is a consequence of their actions.
Neither of our arguments are easily provable, if at all. I merely offer the counter.
Nothing empirical here, but I have dealt with people who offer outstanding customer service and a willingness to make sure I am satisfied (wish I could say it was a local lady, but alas...). Anyway, even though I might buy the same goods elsewhere at a slightly cheaper price I continued to take my business to these people due to the good will they tried so hard to generate. Again, just one opinion, but pehaps others share it.
Gunnery, gunnery, gunnery. Hit the target, all else is twaddle!
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Joined: Feb 2002
Posts: 32,044
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2002
Posts: 32,044 |
I would bet the price on suicide vest when up after today bombing in Pakistan
A Doe walks out of the woods today and says, that is the last time I'm going to do that for Two Bucks.
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Joined: Feb 2001
Posts: 24,239
Campfire Ranger
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Campfire Ranger
Joined: Feb 2001
Posts: 24,239 |
My daughter beat me out of my little S&W airweight Thursday,so I needed a new pocket pistol.Yesterday I went into Academy- fully expecting to come back out empty handed based on what I've been reading on the forum- but prices seemed about as usual.
In fact, they had a little Taurus single stack in 40 cal. at a clearance price.
It shoots pretty good, too.
Never holler whoa or look back in a tight place
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Joined: Dec 2006
Posts: 28,172
Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
It was simply a result of buying as cheap as the consumer could, and it put Mom & Pops out of business all over the country.
Box stores wipe out the local guy. It's common knowledge. When WallyWorld moved in here, six long time local merchants folded. These were ones who supported little league, the high school, bobbysox softball, and more.
Walmart gave us nothing but second-rate groceries and Chinese everything else. Try to order anything specialty from Wally. It won't happen.
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: Sep 2005
Posts: 920
Campfire Regular
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Campfire Regular
Joined: Sep 2005
Posts: 920 |
Some call it price gouging, others call it a "procrastination premium."
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