... Da heck?
04-05-23, 02:53 AM
#26
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04-05-23, 02:56 AM
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04-05-23, 02:59 AM
#28
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04-05-23, 03:19 AM
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04-05-23, 03:21 AM
#30
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04-05-23, 03:24 AM
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04-05-23, 10:50 PM
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04-06-23, 12:15 AM
#33
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Well, I do tend to associate with shady organizations (hence the name 😁 ) and I met up with some of Old Ali's henchmen underneath an overpass on the Internet Superhighway and bought me a whole bunch of goodies. For 70 bucks, it was a steal! 😁
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04-06-23, 06:12 AM
#34
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caveat emptor
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04-06-23, 06:22 AM
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Wow they really developed the vibranium brake rotors!
04-06-23, 02:22 PM
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04-06-23, 05:37 PM
#37
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04-13-23, 11:05 AM
#38
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No. Price gouging, per se, isn't illegal.
https://www.dictionary.com/browse/price-gouging
https://www.dictionary.com/browse/price-gouging
an act or instance of charging customers too high a price for goods or services, especially when demand is high and supplies are limited:The law prohibits price gouging during weather emergencies such as snowstorms.
Last edited by njkayaker; 04-13-23 at 11:09 AM.
04-13-23, 11:07 AM
#39
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https://www.dictionary.com/browse/price-gouging
an act or instance of charging customers too high a price for goods or services, especially when demand is high and supplies are limited:The law prohibits price gouging during weather emergencies such as snowstorms.
04-13-23, 11:21 AM
#40
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Here we go again...
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04-13-23, 11:39 AM
#41
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No. That's illegal price gouging. Price gouging, per se, isn't illegal.
https://www.dictionary.com/browse/price-gouging
https://www.dictionary.com/browse/price-gouging
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04-13-23, 11:42 AM
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04-13-23, 11:45 AM
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04-13-23, 11:50 AM
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Paying two cents is not only price gouging, it is one of the biggest wastes of money in cycling. Only poseurs pay two cents -- and in any event paying one cent gives one a better workout.
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04-13-23, 11:54 AM
#45
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Yes... I better buy two in case they go up in price!
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04-13-23, 12:38 PM
#46
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That's not contrary to what I said. I didn't stipulate conditions other than customers not having another choice. Supply/demand issues could be one of the conditions. The travel industry (hotels, airlines, etc.), for example, uses supply/demand cycles to their advantage as a regular part of business. This doesn't apply to the previous example because customers have multiple options from multiple suppliers at much better prices.
The definition doesn't require "not having any other choice". No one is really required to pay the too-high price anyway. You could choose to go without or you might not have the money to pay for it.
https://www.dictionary.com/browse/price-gouging
an act or instance of charging customers too high a price for goods or services, especially when demand is high and supplies are limited:The law prohibits price gouging during weather emergencies such as snowstorms.
Last edited by njkayaker; 04-13-23 at 12:49 PM.
04-13-23, 01:48 PM
#47
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This is wrong.
The definition doesn't require "not having any other choice". No one is really required to pay the too-high price anyway. You could choose to go without or you might not have the money to pay for it.
https://www.dictionary.com/browse/price-gouging
The definition doesn't require "not having any other choice". No one is really required to pay the too-high price anyway. You could choose to go without or you might not have the money to pay for it.
https://www.dictionary.com/browse/price-gouging
If you want/need Item X, and there are a limited number of suppliers of Item X, and they all raise their price to take advantage of their position, you don't have another choice. This fits with the definition you posted.
An example...A non-stop plane flight from my local airport to the airport in the town where my kid is going to college varies by 300%+ depending on anticipated demand due to activities related to the school. If my schedule constraints limit my flexibility to select a different day and/or take a cheaper lay-over flight, I don't have a choice but to pay the higher rate.
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Last edited by Eric F; 04-13-23 at 03:41 PM.
04-13-23, 01:56 PM
#48
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I accidentally bought some female rim brake pads for my bike once. I installed them, but everytime I gave them a squeeze, they would call the cops on me.
04-13-23, 02:10 PM
#49
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It's like the $3000. flashlight battery. Money Laundering at it's finest. 100% guaranteed positive feedback or we break something.
04-13-23, 03:57 PM
#50
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You implied that the person who called it gouging was wrong. He's not wrong (which is the point I was making). You are adding a requirement that isn't in the definition.No. It's not a requirement in this definition that there be a "limited supply".
The "demand is high, supply is limited" is a common/usual property but it's not necessary.
https://www.dictionary.com/browse/price-gouging
an act or instance of charging customers too high a price for goods or services, especially when demand is high and supplies are limited:The law prohibits price gouging during weather emergencies such as snowstorms.
Last edited by njkayaker; 04-13-23 at 04:13 PM.