Comments on: The Simple Dollar Morning Roundup: Mental Blitz Edition http://www.thesimpledollar.com/2007/10/03/the-simple-dollar-morning-roundup-mental-blitz-edition/ Simple, applicable personal finance advice for the modern world Sat, 21 Nov 2009 23:44:30 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: icup http://www.thesimpledollar.com/2007/10/03/the-simple-dollar-morning-roundup-mental-blitz-edition/comment-page-1/#comment-81214 icup Wed, 03 Oct 2007 20:45:40 +0000 http://www.thesimpledollar.com/2007/10/03/the-simple-dollar-morning-roundup-mental-blitz-edition/#comment-81214 So if you think scalping is fair, then I assume you are OK with price gouging on gasoline, like for example when there is news of a hurricane or impending war with iraq or something? If not, please explain how these two things are different. Both involve opportunists artificially constricting supply to manipulate pricing in their favor for their own short-term gain. (And I suppose both involve idiots who would pay the inflated price, enabling the scalping/gouging in the first place) What if I bought up all the heating oil in the US just before winter and scalped that at a price too high for you to afford to heat your home? would you still think its fair then? Actually, why doesn't anybody actually do this? We should form an investment group to scalp heating oil. We would make so much money. We probably don't even have to get all of it, just even if we could buy up all the oil in a certain geographic area. Sure, some old people would freeze to death, but hey, its still fair, right? So if you think scalping is fair, then I assume you are OK with price gouging on gasoline, like for example when there is news of a hurricane or impending war with iraq or something? If not, please explain how these two things are different.

Both involve opportunists artificially constricting supply to manipulate pricing in their favor for their own short-term gain. (And I suppose both involve idiots who would pay the inflated price, enabling the scalping/gouging in the first place)

What if I bought up all the heating oil in the US just before winter and scalped that at a price too high for you to afford to heat your home? would you still think its fair then?

Actually, why doesn’t anybody actually do this? We should form an investment group to scalp heating oil. We would make so much money. We probably don’t even have to get all of it, just even if we could buy up all the oil in a certain geographic area. Sure, some old people would freeze to death, but hey, its still fair, right?

]]> By: DJ http://www.thesimpledollar.com/2007/10/03/the-simple-dollar-morning-roundup-mental-blitz-edition/comment-page-1/#comment-81197 DJ Wed, 03 Oct 2007 19:47:31 +0000 http://www.thesimpledollar.com/2007/10/03/the-simple-dollar-morning-roundup-mental-blitz-edition/#comment-81197 Thanks for re-posting the furniture link. I don't know if it's a response to my email about frugal furnishing (but I'll just assume it is and say thanks!) Thanks for re-posting the furniture link. I don’t know if it’s a response to my email about frugal furnishing (but I’ll just assume it is and say thanks!)

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