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Bring on the price gouging

September 29, 2008 at 2:00 pm by Andisheh Nouraee in News

I’ll start this off by saying I’m not exactly sure what price gouging is. I’m under the impression that charging as much for something as you can is capitalism. I don’t quite understand when and how a price hike for a scarce product becomes crime.

With that in mind, I’d like to request the state lift price gouging restrictions on gasoline immediately. I’d rather pay $10/gallon for a couple weeks than spend four hours on Friday and Saturday hunting for gasoline.

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2 Responses to “Bring on the price gouging”

  1. DaleC Says:

    Did you see my oterh posts and rip em off? haha

    You are absolutely right, but be prepared to get the stink- eye from a lot of people on this one….

  2. Eugene Says:

    Thanks for making this fundamental point.

    Anybody know precisely how “price gouging” is defined in the state lawbooks? Reading that would be a hoot, no doubt.

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