Amazon and Ebay termitate account of a seller selling hand sanitizer

[Jardo]

What happens when you violate the commandment of control? This:

View: https://www.youtube.com/watch?v=7FTnz32EtLs

 

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[Odysseus M Jones]

Not to mention breaking the commandant of not being a douche

 

[GPM]

Yea I don' t know about this... Sure the guy was kind of a dick for charging $70 for a bottle of hand sanitizer, but on the other hand these were voluntary transactions between people.

No one was forced to buy his stuff. It was all transactions among willing participants. If I wanted some hand sanitizer and saw that price (literally what happened to me, feeding a new baby while out and not being terrified of covid) I would laugh and close the browser.

Amazon and Ebay are a bag of smashed assholes for pulling this stuff. I hope someone sees all this and someone new rises from the ashes. I have been seeing mullings of blockchain based video platforms emerging to compete with Youtube and their censorship. I hope the same happens of these massive selling platforms.

The only entity forcing anyone to do anything at gunpoint and calling it okay is the government. They get to do whatever they want and if you don't agree we send the gestapo to arrest you at gunpoint and confine you against your will.

 

[Jardo]

I agree that he did nothing wrong. Rising prices are a natural reaction of the free market when something becomes scarce.

Consider this real life story:

The supermarkets in my area sold out all the hand sanitizers, disinfection wipes, etc. The shelves are empty all the time, except for rare occasions, when they get new stock, and then it gets sold out immediately. This is what my mom told me: "I was at the supermarket and I saw they had around 20 packs of disinfection wipes, so I bought them all". This means that the people who came after her were out of luck. And in fact, she doesn't even need them. She was just acting out of fear.

Now, if 1 pack did cost 20 eur, would she buy all of them for 400 eur? I highly doubt that. She would buy 1 pack, or maybe none.

High prices in a time of crisis cause people to only buy what they really need and only as much of it as they need. If you suppress the rise of prices, the only thing you achieve is that people who come first buy everything, and everyone else gets nothing.

 

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[Odysseus M Jones]

Change hand sanitizer to infant formula.

In times of crisis things are rationed because free market becomes profiteering.

Is it OK to make profit whilst hospital staff go without masks because 'savvy' businessmen saw an opportunity?

 

[Jardo]

Change hand sanitizer to infant formula.

When the price rises, it motivates producers to produce more of the stuff. And also, it motivates distributors to distribute more into the affected area (in case of a local disaster). For instance, in a normal situation, it is not feasible to transport baby formula across the country. But if the price rises, it may become profitable and even producers on the other side of the country can start supplying the affected area.

This is how a free market solves the scarcity problem. If you don't let the free market work, the goods remain in scarcity. So the more important is the product, the more important it is to let the market function.

Is it OK to make profit whilst hospital staff go without masks because 'savvy' businessmen saw an opportunity?

The hospital can buy the masks from the business man. He has the masks, because he raised the prices which discouraged ordinary people from hording unnecessary amounts of them. And also there would be more masks because what I wrote above.

In case the price didn't rise, the masks would be in peoples homes unused, and the hospital would had nowhere to buy them.

 

[Odysseus M Jones]

When the price rises, it motivates producers to produce more of the stuff. And also, it motivates distributors to distribute more into the affected area (in case of a local disaster). For instance, in a normal situation, it is not feasible to transport baby formula across the country. But if the price rises, it may become profitable and even producers on the other side of the country can start supplying the affected area.

This is how a free market solves the scarcity problem. If you don't let the free market work, the goods remain in scarcity. So the more important is the product, the more important it is to let the market function.



The hospital can buy the masks from the business man. He has the masks, because he raised the prices which discouraged ordinary people from hording unnecessary amounts of them. And also there would be more masks because what I wrote above.

In case the price didn't rise, the masks would be in peoples homes unused, and the hospital would had nowhere to buy them.

Put it this way.
If you were having dinner with your city's dignitaries, the clergy, school, hospital, orphanage, homeless shelter etc and they asked you what you did during the pandemic.
Would you be proud to tell them you bought up all the hand sanitizer, masks & infant formula and made a massive profit selling it back to them?

 

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[Jardo]

Would you be proud to tell them you bought up all the hand sanitizer, masks & infant formula and made a massive profit selling it back to them?

It's a tricky question. I would feel proud of myself because I provided those important things to them when they needed them. And if I didn't do it, they would have nowhere to get them.

But on the other hand, 95% of people don't understand economics. They would think its "immoral" and they would publicly shame, or even punish me for it (as in the video in my original post).

Our moral rules are very outdated. What is considered "good" (socialism) is actually bad, and what is considered "bad"(free market capitalism), is actually good.

The world would be a much better place if people understood economics. There would be no poverty or hunger.

 

[Odysseus M Jones]

It's a tricky question. I would feel proud of myself because I provided those important things to them when they needed them. And if I didn't do it, they would have nowhere to get them.

Perhaps from the supermarket shelves you cleared LOL

The world would be a much better place if people understood economics. There would be no poverty or hunger.

The US is the ultimate capitalist society & there's plenty of poverty and hunger there.
Europe's not much better, maybe the Scandinavian countries are better but really high taxes.

 

[Jardo]

Perhaps from the supermarket shelves you cleared LOL

If the shelves weren't cleared by me, they would be cleared by other people.

The US is the ultimate capitalist society & there's plenty of poverty and hunger there.

I wouldn't call US the ultimate capitalist society. It doesn't have free markets in all sectors. For instance the most important commodity in the economy - money, is centrally planned.

The poverty and hunger is a consequence of the welfare state - the government punishes productive people by taking away their hard earned money, and rewards lazy people by giving that money to them.

Anyway, this is getting way off topic. I would highly suggest you watch this series about the economy. It is highly entertaining, educational and easy to understand.

 

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[Odysseus M Jones]

Anyway, this is getting way off topic. I would highly suggest you watch this series about the economy. It is highly entertaining, educational and easy to understand.

Smells of conspiracy theory

 

[minivanman]

Change hand sanitizer to infant formula.

In times of crisis things are rationed because free market becomes profiteering.

Is it OK to make profit whilst hospital staff go without masks because 'savvy' businessmen saw an opportunity?

No reason for hospitals to go without masks. Over in Dallas they have truck loads of masks. I actually went over on Harry Hines Blvd and bought a few for myself because some stores will not let you enter unless you have a mask. And, my mother in law wanted an N95. I'm sure the hospitals could make a deal with the people in Dallas and both would be happy. On the other hand, is it ok for a hospital to charge $300 for a thermometer? Or $36 for a mint? Or $39.95 just to hold your baby? Tylenol pill $15? A box of tissue $8? If it's ok for the hospitals to jam us in the @ss for decades, maybe it's time they got jammed in the @ss back.

 

[Odysseus M Jones]

No reason for hospitals to go without masks. Over in Dallas they have truck loads of masks. I actually went over on Harry Hines Blvd and bought a few for myself because some stores will not let you enter unless you have a mask. And, my mother in law wanted an N95. I'm sure the hospitals could make a deal with the people in Dallas and both would be happy. On the other hand, is it ok for a hospital to charge $300 for a thermometer? Or $36 for a mint? Or $39.95 just to hold your baby? Tylenol pill $15? A box of tissue $8? If it's ok for the hospitals to jam us in the @ss for decades, maybe it's time they got jammed in the @ss back.

Oh yeah, I forgot you guys pay. In Britain we have the NHS who we give a round of applause to every Thursday night at 8pm.
I'm sure they'd rather have a decent wage instead.

 

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