Re:Amazon sellers ‘hijack’ listings to sell face masks despi...
by wtallis on Saturday March 21, 2020 @11:25AM
(#22647148)
> What they do accomplish is preventing prices from rising quickly enough to justify new production lines.
How does this matter, if either way the new production line won't be up and running until after the emergency is either over or has been seriously exacerbated by poor allocation of goods? It seems like you're still trying to pretend that markets are efficient and can always respond quickly, and that's simply not true.
How does this matter, if either way the new production line won't be up and running until after the emergency is either over or has been seriously exacerbated by poor allocation of goods? It seems like you're still trying to pretend that markets are efficient and can always respond quickly, and that's simply not true.