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Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail
From: Cryptoengineer <petertrei@gmail.com>
Newsgroups: rec.arts.sf.written
Subject: Re: Three Body Problem
Date: Thu, 22 Aug 2024 22:07:15 -0400
Organization: A noiseless patient Spider
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On 8/21/2024 5:50 PM, Lynn McGuire wrote:
> On 8/21/2024 7:35 AM, Cryptoengineer wrote:
>> On 8/21/2024 3:02 AM, D wrote:
>>>
>>>
>>> On Tue, 20 Aug 2024, Scott Lurndal wrote:
>>>
>>>> D <nospam@example.net> writes:
>>>>>  This message is in MIME format.  The first part should be readable 
>>>>> text,
>>>>>  while the remaining parts are likely unreadable without MIME-aware 
>>>>> tools.
>>>>
>>>> Please don't use MIME on usenet.
>>>>
>>>>
>>>>>>>>> On Sun, 18 Aug 2024, Lynn McGuire wrote:
>>>>
>>>>>>>>>> "On Friday, Vice President Kamala Harris said she has a 
>>>>>>>>>> solution: a federal
>>>>>>>>>> ban on price gouging across the food industry."
>>>>
>>>>>> Which also has /nothing/ to do with "freezing food prices and making
>>>>>> grocery stores report any changes in their prices".
>>>>>>
>>>>>>> You are incorrect. I was also commenting on Lynn, please stick to 
>>>>>>> that.
>>>>>>
>>>>>> I am correct. Please stick to the topic and stop trying to help Lynn
>>>>>> escape the consequences of his TPPT addiction.
>>>>>>
>>>>>
>>>>> No Paul, you are wrong here. Any common sense interpretation of 
>>>>> that text
>>>>> makes it obvious that Lynn is right and you are wrong.
>>>>
>>>> Paul is correct.   A ban on price gouging is _not_ the same as
>>>> price controls.
>>>>
>>>> One might even go so far as suggesting that the inability of the
>>>> federal government to enforce the anti-trust laws have increased
>>>> the frequency of price gouging.  Particularly in the grocery
>>>> industry which has overly consolidated over since 1980.
>>>>
>>>
>>> You are incorrect. Let's have a look at the definitions:
>>>
>>> Price control:
>>>
>>> "Restriction on maximum prices that is established and maintained by 
>>> the government (as during periods of war or inflation)."
>>>
>>> Price gouging:
>>>
>>> "The act of or an instance of charging services or pricing goods at 
>>> unreasonably high prices."
>>>
>>> wordnik.com
>>>
>>> If I, as a company, cannot set my prices freely, my price is 
>>> controlled. Price control means that the government restrict the 
>>> ability of business to control its price.
>>
>> We really don't know the details of Harris's plan, so speculation is
>> speculative.
>>
>> If you, as a company, take advantage of a temporary situation to raise
>> your profit margin on say, a bottle of water from 100% to 1000% due
>> to being in a hurricane zone, that's gouging.
>>
>> Again, we're in the dark about what Harris is actually proposing.
>> I'm very skeptical over price controls, but we need to find out what she
>> is actually thinking.
>>
>> pt
> 
> We will know when the grocery store shelves start going empty.

That would be a clue, yes. Lets hope the policy doesn't lead to that.
Neither of us actually know what her plan entails.

pt