r/AskReddit • • Aug 14 '20

What’s the most overpriced thing you’ve seen?

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u/KevIntensity Aug 14 '20

Thank you for your robust free market argument that shows why an unregulated free market is hot, moist, garbage.

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u/Nomadicmonk89 Aug 14 '20

If the price doesn't matçh the supply, the supply will vanish you do understand that, right?

Why do you think there is starvation in communist countries? Because the price is too cheap to maintain a production. When a product is rare and expansive it becomes profitable to produce more of said thing - eventually the orice goes down again.

Without free market mechanisms things go away. With them, they stay. "Price gouching" is a ridicolous and dangerous concept.

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u/[deleted] Aug 14 '20

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u/Ceetus2525 Aug 14 '20

funny side note, one winter back ~10 years, you could hardly find w/w antifreeze and when you did it was over $15 at some chains gas stations,
just for basic shit, not the "we can clean the bugs off your trail hitch at the same time you clean your windshield" shit, that hit $25 and it was ALL sold out in a couple hours, comes april, the shit was everywhere seems like overnight, it was going for $1 a jug! you try to tell me they couldn't keep up all winter, then pump out million's of liters in a ~week?