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nodja | 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.

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zozbot234|2 months ago

It's just surge pricing to manage demand, not "price gouging". Being able to buy RAM at high prices is a lot better than being unable to source it at all because everyone else is panic-hoarding.

Sohcahtoa82|2 months ago

> It's just surge pricing to manage demand, not "price gouging".

This carries the same energy as company leadership insisting that a RIF is not a layoff.

ed|2 months ago

We don’t really know whether that’s true, since it’s hard to prove a negative (i.e., suppliers aren’t colluding). But given their history of price fixing it may be worth looking into.

franga2000|2 months ago

Is it better? As with all price gouging, better for those who can afford it, sure, but not for those who can't. The proper way to combat scalping is to implement fair allocation methods (for a start purchase quantity limits) and punish people for scalping.

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

It's speculative price gouging. Calling it "surge pricing" doesn't stop erosion of consumer trust in the market. Watch now as more people more readily jump to price fixing conclusions. Not helped by the inevitable further increase in speculation through feedback loops and the resultant volatility.

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

> It's 100% retailers price gouging with their current stock that they got for cheap

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

technically the house analogy isn't that good because there are lots of people who won't sell below what they bought for, even if there are no buyers at this price anymore. the house eventually sells if the seller is forced to sell, but price in such cases isn't necessarily 'correct' either. more liquid markets make better examples.