Before I begin, let me say that here at TDV we don’t look to take advantage of emergencies to promote our worldview.
But, when we do see totally wrong information being spread widely we feel an obligation to correct it.
And, the topic of ‘price gouging’ during the Texas flooding is a perfect example.
The internet, and of course the mainstream TELL-LIE-VISION programming, has been inundated with outrage that people are selling needed items during an emergency at a markup.
Most of those who are complaining likely have no knowledge of economics or if they do, it is an understanding warped by a Keynesian outlook that was taught to them during their 12 years of government indoctrination or the 4 years of college propaganda they received shortly thereafter.
This post was published at Dollar Vigilante on August 30, 2017.