Re:Why Henry III's gold penny failed
by WalterBright on Monday January 31, 2022 @06:18PM
(#30156225)
Before anti-gouging laws, people outside the disaster area would fill all their jerry cans with gas, drive into the disaster zone, and sell it. After those laws were enacted, people did without gas until the government got around to trucking some in. Nobody except charities bothered to bring in supplies.
[ Parent
| on HN ]
Yea, I've got family members who personally would do it with generators and window air conditioners.
They'd take a trailer with them when evacuating, and load it up with everything they could find locally in stock before returning home.
Now, they might do it as a favor for friends, but they make sure they've got each one claimed before purchasing. Whereas before, a profit margin made speculative buying worthwhile, and would cover expenses without worrying about having to sell 100%.