Re: Three Body Problem

On Wed, 21 Aug 2024, Cryptoengineer wrote:

On 8/21/2024 3:02 AM, D wrote:

  On Tue, 20 Aug 2024, Scott Lurndal wrote:
 

D <nospam@example.net> writes:

 This message is in MIME format.  The first part should be readable text,
 while the remaining parts are likely unreadable without MIME-aware tools.

 Please don't use MIME on usenet.
 

On Sun, 18 Aug 2024, Lynn McGuire wrote:

 

"On Friday, Vice President Kamala Harris said she has a solution: a federal
ban on price gouging across the food industry."

 

Which also has /nothing/ to do with "freezing food prices and making
grocery stores report any changes in their prices".
 

You are incorrect. I was also commenting on Lynn, please stick to that.

 I am correct. Please stick to the topic and stop trying to help Lynn
escape the consequences of his TPPT addiction.
 

 No Paul, you are wrong here. Any common sense interpretation of that text
makes it obvious that Lynn is right and you are wrong.

 Paul is correct.   A ban on price gouging is _not_ the same as
price controls.
 One might even go so far as suggesting that the inability of the
federal government to enforce the anti-trust laws have increased
the frequency of price gouging.  Particularly in the grocery
industry which has overly consolidated over since 1980.
 

 You are incorrect. Let's have a look at the definitions:
 Price control:
 "Restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)."
 Price gouging:
 "The act of or an instance of charging services or pricing goods at unreasonably high prices."
 wordnik.com
 If I, as a company, cannot set my prices freely, my price is controlled. Price control means that the government restrict the ability of business to control its price.

>
We really don't know the details of Harris's plan, so speculation is
speculative.
>
If you, as a company, take advantage of a temporary situation to raise
your profit margin on say, a bottle of water from 100% to 1000% due
to being in a hurricane zone, that's gouging.
>
Again, we're in the dark about what Harris is actually proposing.
I'm very skeptical over price controls, but we need to find out what she
is actually thinking.
>
pt
>

I agree with this. Let's wait for further information and a winner can then be declared. ;)