How do you feel about people trying to sell ammo for crazy prices

Price gouging - Wikipedia

You are talking about a market with one buyer. I’m talking about a market with multiple buyers. So if I buy a roll of toilet paper for $10,000 is that the new market standard companies should set prices too even though there is no other factors to impact price that much?

Yes.

If someone is willing, or even MULTIPLE people - are willing to pay $10, 000 for Toilet paper - Again, THAT is truly the “NEW” price/ or “Value” . AS DICTATED by the BUYERS WILLING to pay That Amount for a Product or Service, at THAT Time & Place.

I am glad you finally understand the concept. Hi^5! :slight_smile:

You now grasp how a FREE MARKET Works!

intended, in good fun. (and a pinch of irony) :slight_smile:

For those confused - suddenly replies stopped, after my last elaboration.

Hence “The Sound of Silence” reference.

(Again, honestly relayed in jest & humor)

For the record, I too - once held the same long misguided & mistaken outlook, as the last two individuals, whom replied.

But I also - once - long ago, was faced with an identical rebuttal, that did not sit easy with me, at first, either.

But I broadend my Introspection, revisited the concept OBJECTIVELY & REFLECTED on all the points/facts/concepts.

I now simply aim to pass on the courtesy I was once given, onto to others.

#Hi^5

And that is YOUR opinion. Not mine.

And with that I’m out.

Wat?

Fair Enough.

To Each - His Own. :+1:

https://m.youtube.com/watch?v=qo5jnBJvGUs

You were that…. Gifted student huh?

Guys, no one ever wins a fight on the internet. Except moderators, who get to lock a thread.