Re:Economists who defend disaster profiteers are wrong
by alexmingoia on Monday April 13, 2020 @11:05PM
(#22862392)
AFAIK, hospitals aren't experiencing a shortage because of lack of money to buy masks. They're experiencing a shortage because there aren't enough masks.
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Re:Economists who defend disaster profiteers are wrong
by weare138 on Tuesday April 14, 2020 @05:59AM
(#22864201)
But were experiencing shortages because of profiteering.
>In New York police arrested a man who had stockpiled medical gear, allegedly selling it for a 700% mark-up.
Re:Economists who defend disaster profiteers are wrong
by treyfitty on Tuesday April 14, 2020 @10:28AM
(#22866388)
You think the individual stockpilers have amassed more than factories world wide have/can produce? The people who stockpiled medical gear don't account for enough meaningful supply to justify your conclusion.
Re:Economists who defend disaster profiteers are wrong
by arcticbull on Monday April 13, 2020 @11:05PM
(#22862396)
In part because all the major powers already directed the masks to the hospitals.