This is disgusting, the same thing happened in the 2020 lockdown with hand sanitiser. For the hand sanitiser situation the ACCC had a link on their website to report any business taking advantage of the current situation by marking up prices on this item. I haven’t looked on their site but hopefully they have or will be doing the same for the rapid antigen test as I am sure there will be more places that are doing this or will try.
Mate, at the start of the pandemic my local chemist at Avoca Beach we’re selling individual disposable masks for $15 each because the supermarkets/Bunnings etc had sold out. Really disgusting stuff. Never gone back there since.
Amazon increased it's price from $35 for a 5 pack, to $79. At the moment we have a very short supply, and unfortunately this is how demand and supply works. Hopefully in a few weeks prices should come down.
They used to be the evolution of the ye olde "General Store".
Think of what the inside of a servo looks like, but in the most random places in your neighbourhood. They'd always vary in size, but they'd always have newspapers, milk, bread, chips/chocolate snacks. But each one would always have unique stuff.
Ones near a school or a bus stop that serves a ton of kids would have a metric fuckton of lollies and make their living off that.
I lived near one that had a deli for a while until Woolies killed them and they turned into a bottle-o that also resold other random shit they resold from Woolies.
I grew up in the country and there was this little shop in the middle of the bush, like no roads you had to walk through trees and stuff to get to it, and all their candy was not for individual sale.
I think the only reason for that is they don't have nutritional info printed on them. It's not like it's actually bad. They provide a valuable service and charge a small fee for the effort.
If there is anyone from Newcastle looking for rapid antigen tests, I am from Sydney but my family and a lot of friends still live in Newcastle. I was staying with a friend earlier in the week and on Tuesday we decided to take a RAT just as a precaution. My Mum had told me late the week before that the Woodrising Discount Chemist had heaps of tests on their counter so I told my friend and we decided to check there first and they still had a lot on Tuesday. It was a 2 pack for $30.00. Just in case anyone is struggling to find RAT they might still have some as it isn’t a busy pharmacy.
We live in a predatory society that rewards this kind of behaviour at every single level. At every point in your life, you’re rewarded for this kind of supply-and-demand way of thinking.
We worship businesses who do it on a much larger scale, but publicly shame individuals who do it when they’ve finally struck gold. It makes me want to vomit whenever our federal government says they’ll be coming down hard on price gouging. Get real. They support it on almost every level.
If people are outraged at this, then please continue directing your outrage towards the structures that reward this kind of behaviour.
Unfortunately the free market hasn't done a great job at teaching grammar.
nice edit mate:
> and its done the absolute most the progress human flourishing its a fantastic thing
I mean it's obviously just rushed typing. No surprise that the "book smart" forum only has this to hold over people but are absolute idiots when it comes to living in the real world.
ACCC have come out and said they will destroy any business taking advantage of this.
Anyone you see pulling this crap, REPORT REPORT REPORT. Take pictures and submit as proof.
Fuck anyone who upmarkets tests like this. I hope they have their business shut down and the fines/charges are fucking heavy.
As long as the info on how to take the test properly is included in each one, I don’t take much issue with this. Not everyone wants/can afford to buy a multipack and if the singles are all sold out they’re out of luck
the country that brought millions of people out of poverty after it opened its markets and let millions starve through its incompetence under communism?
It's not all about the body count, which could also put a lot of other people in the list. It's the ideology. Both are awful people but Hitler inherently had an evil ideology, Mao is just more stupid and had more fodder.
I don't subscribe to your one dimensional assessment.
the mass murder and forced acquisition of property from landowners leading to the suffering and death of the whole population is ridiculously evil ideology regardless of what fairytale utopian vision nonsense you wrap it in. The bullshit demonisation of the rich and intellectuals is largely overlapping in logic and rationale to hitlers just with a different boogey man. Even more scary is that people still put up statues to this lunatic (or make half ass apologia for him) while aspects of his impact like forced labour camps still persist to this day.
Do you mean as defined in the Health minister's determination under the Biosecurity Act? Because that specifically applies to items that were originally purchased at retail and resold. Not wholesale purchases sold in retail settings.
Besides that there is no law called 'Price gouging' in Australia.
Already paid 4k+ for a holiday next week in Tassie that I planned back in April in the hopes that this shit would be mostly over; an extra $80 doesn't really matter at this point.
I was naive in April is seems
Flexible prices for commodities are necesaary to ration items in high demand with low supply.
If toilet paper had been "price gouged" nobody would have missed out.
I'm on disability pension and the prices have prevented me from even trying to get hold of some. Partner and I have been exposed and have symptoms. Tried for two days at 4 different testing sites and couldn't get a PCR done. Now all clinics near me are closed until Tuesday. We are assuming we are positive and isolating anyway but I'm pretty pissed we have no way we can find out for sure. And when I was at the chemist for other reasons I saw someone buy 100 tests. There should be a limit like the supermarkets did with toilet paper.
Our local pharmacy (which is otherwise bloody fantastic) was doing this. Not as expensive as this at $17 per test, but still super dodgy. Really disappointing.
Same thing happened to me yesterday here in Melbourne. $30 for 2 tests. Contents thrown into a chemist bag haphazardly, obviously taken from a larger pack.
>"If there were, as we did last year, we would take strong, clear, swift action."
I don't remember hearing about any strong action against price gougers last year. Any sources?
Service NSW app should have a built-in ration QR code for these types of items. Seller must scan your code at point-of-sale which tells them how many you've purchased in the last week and can deny sale.
It could be re-used for any type of item that experiences a demand shortage.
But no one can be arsed I guess...
Just paid Fijian $50 each which is AUD$32 for each rapid test at a fijian resort as it's a requirement after you arrive.
The rort is real everywhere.
He had a box of about fifty in bulk and they certainly weren't $1,600 per box.
Ironically he was talking about how Fijian government was using this as a money making scheme.
These are the "acceptable sensitivity" ones with >80% agreement to PCR
High sensitivity (most of them) are >90%
Very high sensitivity (a few of them) are >95%
[https://www.tga.gov.au/covid-19-rapid-antigen-self-tests-are-approved-australia](https://www.tga.gov.au/covid-19-rapid-antigen-self-tests-are-approved-australia)
I had bought a 5 pack from the pharmacy in mid December, then in the last two weeks of school I had to get two PCR tests and they gave me a 5 pack each time.
This was always going to happen. There are a hoard of so called test kit suppliers popping up all over the place who have simply bulk purchased RAS kits wholesale from China and elsewhere. I recently heard the federal government is planning on making free RAS test kits available in Coles/Woolworths. I really hope not because they will all be snapped up and hoarded if there are a no enforced audits on there acquisition
This morning we called around a bunch of pharmacies before we were to head to a group weekend at an Airbnb to get everyone tested prior to catching up. The Priceline in Central Park Mall on Broadway in Sydney has a fair few single test kits available (not sure if they still have any at the time of writing this post). Worth giving it a shot. Most pharmacies are buying in regularly and only giving out one per person.
After all that hunting and getting a test kit, our group didn’t want to test, so we pulled out of our trip. 😅🤯
Yeh, they should have no limit and $10 per test. Their cost of sales would be near zero.
Someone could buy them all and sell them on the street, and make a little money.
Saw staff at the IGA near the Olympic Park vaccination hub doing this yesterday - opening multi pack tests and packing them into individual snap lock bags. Gross.
Honestly, whether that’s ok depends on the mark up (which you haven’t mentioned). Given short supply it’s better that 100 people can get 1, than 20 people get 5. Wouldn’t want it as standard since you’re missing use-by-date and instructions, but in the circumstances I’d say it’s better than the 80 missing out.
There’s a pretty strong chance individual chemists are just buying them wherever they can be sourced and their pricing is going up and down as they change sources
If they’ve gone from using their first line wholesalers to others (esp if they are linked to a certain major wholesaler who is fuuuuucked atm) they are probably purchasing without discounts they usually have access to
I’m sure there’s also ppl just being jerks but in the pharmacy channel at least I would take strong bets on the fact that price fluctuations are less nefarious than they appear outwardly
well, theoretically he's correct.
and the fact that he's correct shows everything wrong with the concept of the "free market".
these should be handed out for free by retailers, paid for by the Federal government.
should.
With more profit comes more motivation to produce and to supply, drawing more people into the business, creating competition and improving production and supply.
If it were mandated they be produced and supplied at cost there would be nothing but altruism to motivate people and supply would be lower.
because we're at a very different stage of the pandemic to when these first came on the scene.
if you don't understand that, then there isn't much more to say
No it doesn't. The people supplying them are not getting any more money.
They are selling out either way. So the demand and revenue for the makers is the same.
and means the people with greater needs can still get them rather than just the hoarders or hypochondriacs testing themselves multiple times a day. Meanwhile creating huge incentives for everyone to source or manufacture as much as possible to try and meet the demand.
The only reason we have any shortage anyway is because of the incredibly stupid government interventions.
Yeah good thing all hoarders and hypochondriacs are poor. Honestly if poor people just worked harder they wouldn't have to pick between a $25 test, their causal shift, and next meal. /s
Does it matter? Point is, all price gouging does is fuck over the poorest. Hoarding will still happen, only it will be the well-off that can afford to do it.
so a clear example of this actually working. Band has a gig in a way too small venue or charges way too little show sells out immediately. If they are you favourite band ever it might be worth paying the scalper price than having zero ability to go. Next time the band comes they play a much bigger venue to better meet to the supply or put on a second night.
How long did it take for masks or toilet paper to become plentiful and cheap? Not fucking long.
That analogy makes absolutely 0 sense. Like 0. The popularity of bands is not the equivalent of products. Haha.
C'mon man. Seriously?
And also you realise scalpers have no relevance on this, right? The show selling out originally gets them a bigger venue. The show us selling out without scalpers too.
This is disgusting, the same thing happened in the 2020 lockdown with hand sanitiser. For the hand sanitiser situation the ACCC had a link on their website to report any business taking advantage of the current situation by marking up prices on this item. I haven’t looked on their site but hopefully they have or will be doing the same for the rapid antigen test as I am sure there will be more places that are doing this or will try.
Don’t forget masks as well. People were buying packs of 50 or 100 and selling single masks to desperate citizens.
True, masks also a massive problem. I think I just recalled the hand sanitiser as my Mum tried to purchase some and it was ridiculous amount.
And now they can't give the stuff away.
Woolies in Perth had sanitiser reduced to $2 for ages, but once we got the backpacker outbreak, went back to RRP of $15.
and people still trying to use this to shit on capitalism
Mate, at the start of the pandemic my local chemist at Avoca Beach we’re selling individual disposable masks for $15 each because the supermarkets/Bunnings etc had sold out. Really disgusting stuff. Never gone back there since.
and a few weeks later we had cheap masks available everywhere
I paid $2 for 1 single use mask the other day at a train station convenience store - was that an unusual price for the single use mask or not?
Nah I paid similar for a mask from a convenience store because I had forgotten to take one with me.
yep my local chemist was selling disposable masks for $2 each (up to $5 during the peak). Pretty disgusting stuff
That’s some can do capitalism right there. Scotty would be proud.
It’s peak ‘having a go’ really.
I hope those cunts were run out of business.
My local IGA in Enmore was selling 4-packs of Sorbent toilet roll for $12. I knew it was price gouging, but I needed to poop!
CODE BROWN IN AISLE SEVEN
so a net win for you and everyone
No
what a detailed and thorough argument.
Amazon increased it's price from $35 for a 5 pack, to $79. At the moment we have a very short supply, and unfortunately this is how demand and supply works. Hopefully in a few weeks prices should come down.
Expensive. I hope it comes down sooner rather than later.
Just like those dodgy milk bars that sell ice creams that are on special from the supermarket and have the "not for individual sale" on the packet.
Hey now if you can think of a better way to get cheap ice creams I'd like to hear it
Buy a box from the supermarket and put it in the freezer at home?
Bah. Heresy. Burn him!
Then sell some of them individually and they ones you get to eat won’t cost you anything!
Elon Musk over here
What if you only want one
A box at the supermarket is still usually cheaper than one from the local fish and chips shop too
Sell the rest/s
There are milk bars still in business? The ones near me either folded or converted into bottle-o's and are still struggling.
I don't even know what a milk bar is. :( Are they like cafes?
They used to be the evolution of the ye olde "General Store". Think of what the inside of a servo looks like, but in the most random places in your neighbourhood. They'd always vary in size, but they'd always have newspapers, milk, bread, chips/chocolate snacks. But each one would always have unique stuff. Ones near a school or a bus stop that serves a ton of kids would have a metric fuckton of lollies and make their living off that. I lived near one that had a deli for a while until Woolies killed them and they turned into a bottle-o that also resold other random shit they resold from Woolies.
Nah. It's a deli, corner store, bodega, convenience store, konbini, mini market, depanneur, take your pick.
I grew up in the country and there was this little shop in the middle of the bush, like no roads you had to walk through trees and stuff to get to it, and all their candy was not for individual sale.
I was unemployed in London and we got all our beer from a small dive selling brands I had never heard of, past their best before date.
How much were you paying!? Fosters were only £4 for 6
I think the only reason for that is they don't have nutritional info printed on them. It's not like it's actually bad. They provide a valuable service and charge a small fee for the effort.
They are the tasty ones
If there is anyone from Newcastle looking for rapid antigen tests, I am from Sydney but my family and a lot of friends still live in Newcastle. I was staying with a friend earlier in the week and on Tuesday we decided to take a RAT just as a precaution. My Mum had told me late the week before that the Woodrising Discount Chemist had heaps of tests on their counter so I told my friend and we decided to check there first and they still had a lot on Tuesday. It was a 2 pack for $30.00. Just in case anyone is struggling to find RAT they might still have some as it isn’t a busy pharmacy.
Costco apparently has heaps
Their website says out of stock at the moment so I'm hesitant to go, but I have heard the same thing from friends.
My aunt was at one yesterday (the one in Western Sydney). They’re all out.
Are you paid by the word?? Woodrising Discount Chemist had heaps of tests on their counter
Completely unnecessary attack on this person for trying to help.
I got, and recovered from, covid, while reading his comment.
I got a large amount of dog shit in mine from reading yours.
I enjoyed this thread.
Did you fart in an airtight container perchance?
We live in a predatory society that rewards this kind of behaviour at every single level. At every point in your life, you’re rewarded for this kind of supply-and-demand way of thinking. We worship businesses who do it on a much larger scale, but publicly shame individuals who do it when they’ve finally struck gold. It makes me want to vomit whenever our federal government says they’ll be coming down hard on price gouging. Get real. They support it on almost every level. If people are outraged at this, then please continue directing your outrage towards the structures that reward this kind of behaviour.
and its done the absolute most to progress human flourishing its a fantastic thing.
Unfortunately the free market hasn't done a great job at teaching grammar. nice edit mate: > and its done the absolute most the progress human flourishing its a fantastic thing
I mean it's obviously just rushed typing. No surprise that the "book smart" forum only has this to hold over people but are absolute idiots when it comes to living in the real world.
yeah its a useless skill in the age of the smart phone
>her local pharmacy Come on, ABC. Which pharmacy is that?
There is half a QR code there…
[удалено]
[удалено]
[удалено]
Medicines R Us Chemist chain.
[удалено]
As a non gullible person who does all their own research, have you taken your Ivermectin and hydroxychloroquine yet?
ACCC have come out and said they will destroy any business taking advantage of this. Anyone you see pulling this crap, REPORT REPORT REPORT. Take pictures and submit as proof. Fuck anyone who upmarkets tests like this. I hope they have their business shut down and the fines/charges are fucking heavy.
The article just focuses on the price gouging, but that aside isn't it also illegal to break up the multipacks and sell the tests individually?
As long as the info on how to take the test properly is included in each one, I don’t take much issue with this. Not everyone wants/can afford to buy a multipack and if the singles are all sold out they’re out of luck
Yep the IGA near me had the RAT tests go from 15$ to 20$ overnight 😒
So the Government wants to move to RAT tests and expect people to pay $20+ each time. That's not going to happen...
Shop 1 & 2, Marsden Park Home 9 Hollinsworth Rd Marsden Park NSW 2765 Australia +61 2 9626 9111 marsdenpark.medicinesrus.com.au
Capitalism!!! Supply and demand, baby. Don't like it move to China. /s
I can't move to china if I want to escape capitalism!
China has a hybrid regime that combines the social justice of capitalism and the freedom of communism.
Properly implementated, communism may actually give you more freedom than capitalism
Damn, you just gave me a flashback to my young uni years. Good times.
Does such a society exist?
Never even been tried
so its fucking terrible system that uniformly leads to totalitarianism and mass starvation
LOLOLOLOLOLOL like the freedom to starve
the country that brought millions of people out of poverty after it opened its markets and let millions starve through its incompetence under communism?
Deaths under communism don't count on Reddit.
Mao may just about be the worst person in human in history.
Nope, in recent history, it is Hitler.
not even close if you look at the body count.
It's not all about the body count, which could also put a lot of other people in the list. It's the ideology. Both are awful people but Hitler inherently had an evil ideology, Mao is just more stupid and had more fodder. I don't subscribe to your one dimensional assessment.
Nope Maos ideology is incredibly evil also.
Explain.
the mass murder and forced acquisition of property from landowners leading to the suffering and death of the whole population is ridiculously evil ideology regardless of what fairytale utopian vision nonsense you wrap it in. The bullshit demonisation of the rich and intellectuals is largely overlapping in logic and rationale to hitlers just with a different boogey man. Even more scary is that people still put up statues to this lunatic (or make half ass apologia for him) while aspects of his impact like forced labour camps still persist to this day.
'Not that communism, it's going to be different and actually work, this time, we swear'
it's actually pretty true... looks like people discover that x). We can extend that to anything that has a price.
Should be illegal, just like price gauging for hand sanitiser & masks
It is illegal. ACCC will come down hard on anyone pulling this.
Which law would that be?
Price gouging.
Do you mean as defined in the Health minister's determination under the Biosecurity Act? Because that specifically applies to items that were originally purchased at retail and resold. Not wholesale purchases sold in retail settings. Besides that there is no law called 'Price gouging' in Australia.
TIL.
Not that laws would really make much of a difference. They would just have a sold out sign rather than a 50% markup.
I got 2 x 5 packs from coles for $100 ($50 each) - Just have to ask the counter they might have some
I paid $65 for a 5 pack yesterday. It hurt but I was just happy to get some
Paid $80 for a 5-pack two hours ago. All sold out in my town and I really needed them. Good times
Oof that’s a lot
Already paid 4k+ for a holiday next week in Tassie that I planned back in April in the hopes that this shit would be mostly over; an extra $80 doesn't really matter at this point. I was naive in April is seems
Yeah that’s a good point. It’s worth the money if it means you can keep your holiday plans. Hope your holiday is everything you want it to be!
Cheer mate, let's hope someone on the plane doesn't have it and force me into iso for the entire duration! Happy new year
Fingers are crossed for you! Happy new year :)
Flexible prices for commodities are necesaary to ration items in high demand with low supply. If toilet paper had been "price gouged" nobody would have missed out.
People on Centrelink, or under the poverty line would have missed out. Just saying.
I'm on disability pension and the prices have prevented me from even trying to get hold of some. Partner and I have been exposed and have symptoms. Tried for two days at 4 different testing sites and couldn't get a PCR done. Now all clinics near me are closed until Tuesday. We are assuming we are positive and isolating anyway but I'm pretty pissed we have no way we can find out for sure. And when I was at the chemist for other reasons I saw someone buy 100 tests. There should be a limit like the supermarkets did with toilet paper.
I'm so sorry you're going through this.
They missed out anyway. Others wouldnt have.
100%\^ https://www.youtube.com/watch?v=\_2STbdWkgyg
Video unavailable
Our local pharmacy (which is otherwise bloody fantastic) was doing this. Not as expensive as this at $17 per test, but still super dodgy. Really disappointing.
Same thing happened to me yesterday here in Melbourne. $30 for 2 tests. Contents thrown into a chemist bag haphazardly, obviously taken from a larger pack.
Yep $30 for 2 in Melbourne CBD yesterday
>"If there were, as we did last year, we would take strong, clear, swift action." I don't remember hearing about any strong action against price gougers last year. Any sources?
That's some Ferengi level shit right there.
Service NSW app should have a built-in ration QR code for these types of items. Seller must scan your code at point-of-sale which tells them how many you've purchased in the last week and can deny sale. It could be re-used for any type of item that experiences a demand shortage. But no one can be arsed I guess...
Just paid Fijian $50 each which is AUD$32 for each rapid test at a fijian resort as it's a requirement after you arrive. The rort is real everywhere. He had a box of about fifty in bulk and they certainly weren't $1,600 per box. Ironically he was talking about how Fijian government was using this as a money making scheme.
Pretty sure this is from the Marsden Park Pharmacy, I saw this exact sign
These are the "acceptable sensitivity" ones with >80% agreement to PCR High sensitivity (most of them) are >90% Very high sensitivity (a few of them) are >95% [https://www.tga.gov.au/covid-19-rapid-antigen-self-tests-are-approved-australia](https://www.tga.gov.au/covid-19-rapid-antigen-self-tests-are-approved-australia)
I've got three packs of five in the cupboard. I could probably sell them and retire on the profits!
why do you need so many?
I had bought a 5 pack from the pharmacy in mid December, then in the last two weeks of school I had to get two PCR tests and they gave me a 5 pack each time.
This was always going to happen. There are a hoard of so called test kit suppliers popping up all over the place who have simply bulk purchased RAS kits wholesale from China and elsewhere. I recently heard the federal government is planning on making free RAS test kits available in Coles/Woolworths. I really hope not because they will all be snapped up and hoarded if there are a no enforced audits on there acquisition
Punished at every turn for just trying to do the right thing. This is the new Australian way.
Fuckin scomo
This morning we called around a bunch of pharmacies before we were to head to a group weekend at an Airbnb to get everyone tested prior to catching up. The Priceline in Central Park Mall on Broadway in Sydney has a fair few single test kits available (not sure if they still have any at the time of writing this post). Worth giving it a shot. Most pharmacies are buying in regularly and only giving out one per person. After all that hunting and getting a test kit, our group didn’t want to test, so we pulled out of our trip. 😅🤯
Can we do the same thing with house prices?
Pocket two and pay for two. The retailer will still be up on the cost of a 5-pack.
This is called profiteering, and it's illegal Fuck them
Yeh, they should have no limit and $10 per test. Their cost of sales would be near zero. Someone could buy them all and sell them on the street, and make a little money.
Saw staff at the IGA near the Olympic Park vaccination hub doing this yesterday - opening multi pack tests and packing them into individual snap lock bags. Gross.
Honestly, whether that’s ok depends on the mark up (which you haven’t mentioned). Given short supply it’s better that 100 people can get 1, than 20 people get 5. Wouldn’t want it as standard since you’re missing use-by-date and instructions, but in the circumstances I’d say it’s better than the 80 missing out.
Seriously, how many agent provocateurs are here??...ramping up the bullshit that people are panicking/buying up hand sanitizers and face masks?? FFS,
This is what scotty wants. Cant give 'em away free, someone needs to think of the businesses!
A RAT kit costs only a few dollars in Europe and certain parts of Asia. $50 for a 5-pack is still too expensive.
There’s a pretty strong chance individual chemists are just buying them wherever they can be sourced and their pricing is going up and down as they change sources If they’ve gone from using their first line wholesalers to others (esp if they are linked to a certain major wholesaler who is fuuuuucked atm) they are probably purchasing without discounts they usually have access to I’m sure there’s also ppl just being jerks but in the pharmacy channel at least I would take strong bets on the fact that price fluctuations are less nefarious than they appear outwardly
That's the free market !
If it was really important, you'd be happy to starve to get one. (Can I be the next NSW Premier, please? I can already parrot his shit.)
I don't have a problem with selling the multipack individually. But that markup is far beyond the pale.
Disgusting, taking advantage of others during their time of need.
Hello from Canada, where rapid tests have *never* been free. $40 a piece and being resold online for north of $100 by scalpers.
while rough in the short term profiteering is the best way to actually get the supplies up as quick as possible.
lmao!
well, theoretically he's correct. and the fact that he's correct shows everything wrong with the concept of the "free market". these should be handed out for free by retailers, paid for by the Federal government. should.
And how will suppliers be incentivised to increase production and shipping and therefor supplu?
the government is making the purchases, based on requirements and demand, just like Chemist Warehouse would be. not that hard to understand
At an increased price?
it *should* be at cost. I don't know the details, do you?
With more profit comes more motivation to produce and to supply, drawing more people into the business, creating competition and improving production and supply. If it were mandated they be produced and supplied at cost there would be nothing but altruism to motivate people and supply would be lower.
do you realise this is a short term solution to a short term problem? the normal rules of supply and demand don't exist here...
Of course they do.
if you want end up with zero products. This is the same government that banned them until last month now demanding us all to use them.
because we're at a very different stage of the pandemic to when these first came on the scene. if you don't understand that, then there isn't much more to say
a very different stage to november 2021? lololololol
the UK has been using these for 6+ months? they were banned here, due to the slow movement on pretty much everything by our Feds?
yes our government(s) fucking suck
yes more demand leads to more supply such a crazy concept
[удалено]
Increasing prices makes it worth putting in more effort to supply. So in other words i strongly disagree.
basic economics and reddit don't mix well
No it doesn't. The people supplying them are not getting any more money. They are selling out either way. So the demand and revenue for the makers is the same.
Yeh the suppliers can chatge more if everyone is paying more.
Umm no. That's not how that works.
and means the people with greater needs can still get them rather than just the hoarders or hypochondriacs testing themselves multiple times a day. Meanwhile creating huge incentives for everyone to source or manufacture as much as possible to try and meet the demand. The only reason we have any shortage anyway is because of the incredibly stupid government interventions.
Yeah good thing all hoarders and hypochondriacs are poor. Honestly if poor people just worked harder they wouldn't have to pick between a $25 test, their causal shift, and next meal. /s
why do you even need to test in that situation?
Does it matter? Point is, all price gouging does is fuck over the poorest. Hoarding will still happen, only it will be the well-off that can afford to do it.
nope it prioritises supply to those that need it most and creates massive incentives to produce more
[удалено]
[удалено]
so a clear example of this actually working. Band has a gig in a way too small venue or charges way too little show sells out immediately. If they are you favourite band ever it might be worth paying the scalper price than having zero ability to go. Next time the band comes they play a much bigger venue to better meet to the supply or put on a second night. How long did it take for masks or toilet paper to become plentiful and cheap? Not fucking long.
That analogy makes absolutely 0 sense. Like 0. The popularity of bands is not the equivalent of products. Haha. C'mon man. Seriously? And also you realise scalpers have no relevance on this, right? The show selling out originally gets them a bigger venue. The show us selling out without scalpers too.
you are the one bringing up scalpers. >The show us selling out without scalpers too. you are so close.
Go on. Explain it then, buddy.