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A comment on How Puerto Rico Became a Tax Haven for the Super Rich. Parent comment

Re:How Puerto Rico Became a Tax Haven for the Super Rich by skookumchuck on Tuesday September 18, 2018 @06:13PM (#18019676)
The gouging is there to motivate people to show up with much needed supplies. If gouging is banned, there won't be supplies available.
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Re:How Puerto Rico Became a Tax Haven for the Super Rich by robotrout on Tuesday September 18, 2018 @07:57PM (#18020442)
Exactly. Price controls result in famines and shortages.

Allow gouging, and the gouger will soon have competition to drive the price down. Very quickly, the price will drop to a reasonable level. Conversely, if you price control, there is no incentive to provide the good or service in the first place, and shortages ensue.

Government price control regulations distort markets in a dangerous way.

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Re:How Puerto Rico Became a Tax Haven for the Super Rich by s73v3r_ on Tuesday September 18, 2018 @10:45PM (#18021274)
That's what the government is for, to bring in those supplies.
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Re:How Puerto Rico Became a Tax Haven for the Super Rich by skookumchuck on Tuesday September 18, 2018 @11:02PM (#18021340)
The only reason the gougers exist is because the government didn't bring in the supplies.
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