(no title)
nodja
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2 months ago
The current prices are a response to future stock, not current. It's 100% retailers price gouging with their current stock that they got for cheap because they know there will be limited stock in the near future. Asian retailers may be more honest and keep their margins the same, but will catch up in a month or two.
zozbot234|2 months ago
Sohcahtoa82|2 months ago
This carries the same energy as company leadership insisting that a RIF is not a layoff.
ed|2 months ago
franga2000|2 months ago
Look at how most places handled war-time gasoline shortages. Rationing coupons, purchase limits, demand leveling (like the odd-even system), price or profit controls, strict prosecution of scalpers and price gougers. And it's not like only the communists did this - even the US had most if not all of these things. And it worked far better than the shit that happened during the pandemic shortages. Governments used to know how to govern.
CraigJPerry|2 months ago
First come first served is a better principle than "surge pricing". A lottery is a better principle than "surge pricing". In the case that someone over purchased, they're free to dispose via secondary market if the value to them is lower than the out of stock price. I.e. decentralised pricing (and profits). Secondary market sales are just more efficient, they occur at negotiated prices that reflect true individual valuation, not the retailer's speculation.
I'd rather reward diligence and personal responsibility - if you monitor market trends, anticipate needs, and act quickly, such as buying RAM ahead of a known upcoming supply crunch, you're rewarded with access at the original price. Rather than passive reliance on wealth to solve problems. First come first served values effort and foresight. Scarcity is managed through time and effort rather than money.
Aurornis|2 months ago
The retail price of a product is a function of the market rate at the intersection of supply and demand. The price paid for inventory on the shelf doesn’t matter.
It works both ways. If retailers bought a lot of RAM at high prices and then the market suddenly dropped, they could have to sell it at a loss.
Some people get irrationally angry at this, but you do it too. If you bought a house for $500K and the market went up such that it was worth $700K, you wouldn’t think it was “price gouging” to list it at market rate. You’re just trading an asset for cash at the current price. The price you bought it at is irrelevant to the price you’re going to sell it for.
baq|2 months ago