Ok- toys are cheap, but...

[chickens4me]

I see this happen every year at certain times as we all do. I find the way prices fluctuate fascinating, but disturbing when they skyrocket out of proportion to what they are selling is truly worth~at least to me.

 

[chickabator]

our gas prices went down, until last weeks snow storm and the stores around here jacked the prices up then. kerosene went from 2.50 a gallon up to 4.00 a gallon. all becases of a snow storm. there are still people here without electric. water and phone . our govenor issued a public statement because of the price gouging that all will be prossicuted. even grocery stores, a .99 loaf of bread jumped to 1.50 .

 

[Scoop]

Quote:
Yep- anyone bought diapers or wipes lately? I get the refill packs for the wipes- and they take up 2/3 of the box now.

I'm just curious - how much are diapers now? I mean the cheap ones? I used to pay like $5.00 to $6.00 for a pack of about 20 I think. But I mostly used cloth diapers and saved thousands!

On the milk issue - it sounds like I'll be digging out my stash of dry milk I've been stowing away.

 

[karl lutz]

Hasnt anyone heard the dollar is down. It is freshly printed very green and also ineatable. Food and supplies are going to go up as long as the gov is printing money with no backing except from china, Hows the hope and change now. Just wait until health care is in ,it is just starting.We dont stand a chance.

 

[I have WHAT in my yard?]

Anybody who thinks that prices for many many things are not being manipulated in a big way is not paying attention.

yes, there is still a strong supply and demand impact on fast turnover low profit items like groceries, and yes most of them are actually low profit for the store itself. But, I trend food prices over time and this whole last year prices have been so far off of what any reasonable economic theory would dictate that it is clear it is not simply supply and demand.

I think most economic theory is malarkey, but basic common sense should be at work and it is not. Flour has been all over the block from $1 for a 5lb bag last christmas to $5.75 this christmas. Usually, some items go up when demand is high, but other items, like flour, usually go down to bring in the buyer who only buys once or twice a year. They make it up in volume.

Monsanto is holding huge quantities of grain and sends it out of the country as it sees the market fluctuate so our supply and demand is only one very small indicator.


Like, here is a good one: Who is the largest oil company in the world?

 

[rebelcowboysnb]

Quote:
Is that really price gouging?

Look at it from the stores point of view. The store as a set amount of both products. All of a sudden everyone wants that product. Even if you have an endless supply the price should go up some but in reality you don't have an endless supply. When its gone its gone till you can get more shipped in which will probably be after the blizzard. If they sell out of what everyone needs now they have no reasons to stop at there store at all so selling out means almost no sales from then on till more comes in. An running out of a needed product at a time like that will hurt your over all business for months or even years. The only thing to do is raise prices to a point where you think you will sell all of the product on hand about the same time as you get your next shipment.


Say two gas stations are side by side an both sell Kerosene. Store A try's to be nice an freezes his price when the snow starts falling. Store B doubles his price. Store A will sell out very quickly but when hes out he might as well lock his doors till he gets more because he will now have to send all of his regular customers to store B. Store B may be accused of price gouging but hes doors are still open an selling product. An now he has doubled his customer base. Now many of store As regular customers will start doing all there shopping at store B because he can keep a supply when people need it. Now will store A stay in business now that he has lost a large part of his customer base.

Not raising price with demand will get you out of business in a hurry.
Now if supply is normal an demand is normal an the price spikes for no apparent reason that is price gouging.

 

[rebelcowboysnb]

I have WHAT in my yard? :

Anybody who thinks that prices for many many things are not being manipulated in a big way is not paying attention.

yes, there is still a strong supply and demand impact on fast turnover low profit items like groceries, and yes most of them are actually low profit for the store itself. But, I trend food prices over time and this whole last year prices have been so far off of what any reasonable economic theory would dictate that it is clear it is not simply supply and demand.

I think most economic theory is malarkey, but basic common sense should be at work and it is not. Flour has been all over the block from $1 for a 5lb bag last christmas to $5.75 this christmas. Usually, some items go up when demand is high, but other items, like flour, usually go down to bring in the buyer who only buys once or twice a year. They make it up in volume.

Monsanto is holding huge quantities of grain and sends it out of the country as it sees the market fluctuate so our supply and demand is only one very small indicator.


Like, here is a good one: Who is the largest oil company in the world?

At the store level it falls to supply an demand almost all the time but large entity's with monapilys(spelling) in there product are manipulating price big time but they are never blamed. Its the store that gets the bad rap for trying to stay in business.​

 

[chickabator]

well I will put it this way and I will be polite . day before the storm hit I bought a gallon of milk for 2.50 the next day at the same store milk was 3.50 had plenty in supply it was this way at all of our grocery stores. bread .99 a loaf, next day 1.50 because they knew people would be stocking up so they raised the prices. That is price gouging. although there was plenty in supply they raised the prices so they could make an extra buck. Kerosene was 2.50 a gallon the day before the storm hit. The day after the storm hit it went up to 4.00 a gallon. that is price gouging. It should have been left at the price it was the day before. Oil prices hadn't changed, yes the demand went up but there was plenty in supply, so you tell me that is not price gouging, I beg to differ. I can see the prices going up if oil had gone up but just because of a storm, no. no store sold out of milk or bread, and no service station sold out of kerosene. They just jacked it up to make a buck. Now with that said I am off to make peanut butter fudge have a great day!!! ( and no Im not being sarcastic either) Merry Christmas!!!

 

[rebelcowboysnb]

Its a change in price because of a change in demand. If ya don't like it then don't pay it or move Russia.

Yes some will make more money but not because they are trying to pull one over on the customer, its because the stock they have has changed value. The have to eat losses to when the value of something they have in stock drops.

I bet there is not a factory worker in the world that would turn down a raise in pay because demand for there product went up.

 

[Boyd]

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