03-01-2021, 11:01 PM
(03-01-2021, 01:55 AM)Dino11 Wrote: "I was floored the other day when I went on Ammoseek and somebody wanted $55.00 a box of 20, thats 2.75 a round. Thats just flat out wrong and I hope they don't sell it and choke on it."
Dino, my first reaction was like yours thinking people are price gouging but looking with a eye toward economics points that the system is working.
The way markets work low demand goods costs less and high demand cost more and producers will make more of high demand goods in response.
The stock market works this way. Would you be angry that a stock you invested in went up 300%? How about if it fell 50%?
Supply and demand works to efficiently price goods in a free market.
But Dang! Prices are crazy right now!