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segamegadrive
Guest
If you're unfamiliar with price gouging, it is when companies charge unfairly high prices on goods during a crisis, like if a hurricane were coming and gas prices spiked to $10 per gallon. Arguments people make in favor of restricting/banning it are that it exploits consumers, and arguments people make in favor of having it be legal are that it allows rationing to be done more efficiently and that government regulation makes the market less efficient. What say you? If you had dictatorial power to either ban it or legalize it, what would you do?