Re: Three Body Problem

On 8/21/2024 5:50 PM, Lynn McGuire wrote:

On 8/21/2024 7:35 AM, Cryptoengineer wrote:

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

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On Tue, 20 Aug 2024, Scott Lurndal wrote:
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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.

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Please don't use MIME on usenet.
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On Sun, 18 Aug 2024, Lynn McGuire wrote:

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

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Which also has /nothing/ to do with "freezing food prices and making
grocery stores report any changes in their prices".
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You are incorrect. I was also commenting on Lynn, please stick to that.

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I am correct. Please stick to the topic and stop trying to help Lynn
escape the consequences of his TPPT addiction.
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No Paul, you are wrong here. Any common sense interpretation of that text
makes it obvious that Lynn is right and you are wrong.

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Paul is correct.   A ban on price gouging is _not_ the same as
price controls.
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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.
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You are incorrect. Let's have a look at the definitions:
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Price control:
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"Restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)."
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Price gouging:
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"The act of or an instance of charging services or pricing goods at unreasonably high prices."
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wordnik.com
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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.

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We really don't know the details of Harris's plan, so speculation is
speculative.
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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.
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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.
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pt

 We will know when the grocery store shelves start going empty.

That would be a clue, yes. Lets hope the policy doesn't lead to that.
Neither of us actually know what her plan entails.
pt