Why can't he just donate his stock to his local nursing homes, daycares and hospitals? Oh wait, because he'd rather sit on something he can't sell out of spite rather than help people. Seriously these people would sit on a bucket of water and refuse to douse you out if you're on fire if they knew they wouldn't get money out of you first.
He removed sanitizer that was already widely distributed. He prevented many people from protecting themselves in an attempt to gouge those same people. Even if Amazon and Ebay blocked him from gouging, he is still guilty of harming the public.
when the greed for money outweighs compassion, cant blame him though, that's how people were programmed. although i wouldn't do that myself, it is a capitalist society. supply and demand, people will rather make a dollar instead of helping each other. i blame the media and the panic, he would have no buyers if this wasn't blown out of proportion
There's nothing wrong with charging more for a good or service that is in high demand/short supply. Or are you a communist shitstain who prefers shortages and hoarding?
I'm not so sure about that. I think it was the fact stores in the US aren't allowed to raise their prices more than 15% or so percent during a crisis. The fact he was able to sell that stuff marked up is evidence that's what people were willing to pay, which means what should have happened is the stores should have been able to institute a similar mark up. This would have served to ration consumption as well as finance new supplies. What pricks like him are doing is just what retailers would have done themselves if Uncle Sam wasn't getting in the way.
I just checked my local CraigsList. Hand sanitizer is priced high, but it is available. I've done many CraigsList deals in the hundreds of dollars, and at least one (car purchase) in the thousands of dollars. All cash deals. No problems. Sure, some crack heads try to rob people, which is why you bring (1) a big, intimidating guy with a biker beard and messy clothes, and/or (2) a concealed handgun on the little person who scores well at practical shooting competitions.
I've been dumb enough to have people from CL into my house to look at furniture. Fortunately nothing bad has ever come from it but I don't do that anymore.
The other countermeasure I've heard of is to do your dealing in front of a police station.
Used to do something similar to this with Lego back before Lego ideas came into play.
I will explain...used to Lego had a theme called cuuso and they started in Japan where if a set idea designed by a fan got 10k votes it would be evaluated for retail and the submitter would get 1% of the sales.
So people used high piece counts as Lego only made 10k of this set and the first two were only sold in Japan...well around 2012 it came to USA, and they did the Mars Rover....now the Mars Rover was built to minifig scale and only 10,000 were made and they will never make them again.
It comes with this great book too... explained the NASA program and the box presentation was really good...set was 30 bucks USD.
So a good friend of mine and I bought all of them in the western hemisphere lol. 1109 of them....doesn't sound like much right?
When you are talking about the millions of Lego fans (neck bearded faggots with Mom and Dad's money) it suddenly seems like a lot now?
We proceed to list them for 300 each and sell out in 4 days lol.
Reddit hated me, and banned me and him as well from /r/Lego. So black Friday comes around and Lego sells this big ass box with 1700 pieces of a decent assortment for 20 bucks.....I coordinated to buy 200 of them and sold them on Amazon for 125 each.....20 minutes of listing they were all gone.
Used to be able to make FUCK YOU money selling Lego.
We made 10s of thousands doing this shit and rode that wave until hype died down ....was funny because all those who got in too late were stuck with inventory and had to take a loss when we bought it off them.
We shipped all of it to the UK and made around 60% profit after shipping.
Not the same as this really, no one was at risk of catching a possible death flu or passing that flu onto someone else. Collector items are a different category of retail in my book. No one was fearful of dying or stressed because they couldn't wipe down and sanitize surfaces at their elderly parents home.
Then we need to get rid of generic drugs and let all companies charge the max, let the people pay out of their own pockets. It's not really free market unless you do /s
jews are gonna jew, that's a given. But will you lynch their ass, White man? Probably not. Probably die at home because a yellow nigger breathed on you.
That's no Jew. His last name is Colvin. That's pure Anglo-Saxon.
The greed of whites is their downfall. And look how ingenuous you are, accusing of him of being a Jew when he is pure white. Kek, you dont want to take responsibility for your own race
LOL BLACK PEOPLE ON TWITTER ARE GOING ON ABOUT HOW THIS YT MAN IS FUCKING UP THE COMMUNITY. NOT A SINGLE WORD IN THE THREAD REFERS TO WHO THE HOOK NOSE REALLY IS. IM FUCKING DED HAHAHAHAH
This sounds like some kind of interstate commerce violation.....
Over the next three days, Noah Colvin took a 1,300-mile road trip across Tennessee and into Kentucky, filling a U-Haul truck with thousands of bottles of hand sanitizer and thousands of packs of antibacterial wipes, mostly from “little hole-in-the-wall dollar stores in the backwoods,” his brother said. “The major metro areas were cleaned out.”
Admission and intent to create a shortage which will increase the public health risk.
Seize his property and charge it with a crime the same way they do vehicles caught smuggling drugs.
This sounds like some kind of interstate commerce violation.....
You're on voat. Do you really care about whatever laws the globalists have passed?
Admission and intent to create a shortage which will increase the public health risk.
He didn't create a shortage, the shortage already existed. Unless of course you're suggesting a single suburban garage is capable of containing all the sanitation products within 2 days drive of his house.
Seize his property and charge it with a crime the same way they do vehicles caught smuggling drugs.
Lol! Why? Because him charging market prices for this stuff hurts your feelings?
It's unethical. Anything to make a buck. That attitude and mind set is the most well known sterotype attributed to jews. He is being irresponsible and putting his community at risk. Another thing jews are known for. This money over everything mentality is ruining society and this planet.
He'll most likely donate them to charity and claim it as a tax cut. Could care less if it wants to sell them at $6 million a piece. You don't have to buy it. If the government wants to stop price gouging it should start with the local stuff such as tickets/fines.
His neighbors should set his garage on fire. Then gawk and block the fire trucks until his house is a loss. Then casually mention to the insurance adjuster that he was running a business with flammable goods out of his garage.
“It’s been a huge amount of whiplash,” he said. “From being in a situation where what I’ve got coming and going could potentially put my family in a really good place financially to ‘What the heck am I going to do with all of this?’”
Hee-hee-hee. You'll have clean hands when you rub them, Jew.
Charge him $200 a bottle to take it all off his hands and he gets no jail time for market manipulation and causing a shortage of products which people were advised by health officials to use in order to stay healthy during an emerging pandemic.
Now, while millions of people search in vain for hand sanitizer to protect themselves from the spread of the coronavirus, Colvin is sitting on 17,700 bottles of the stuff with little idea where to sell them.
Not really his fault, it's the "it's price gouging!!!" people who brought this on themselves. They'd complain if there was even a 100% increase in price from Amazon itself.
Don't really need to sell one bottle at 70$ when 10$ is profit enough, in online markets in games people would be selling x item for 2000 game money when 100 is a profit, so I would sell at 300 game money, every one would buy from me so I would actually make more game money then the other guy selling at 2000.
Right and what you're discussing is the market in action. Your game theory doesn't stop when you start making 100 profit. It continues until things reach equilibrium (more or less), when nobody is making inordinate profits because margins are thin from competition.
What makes $10 "profit enough" and $70 too much? He's got a scarce resource, he should be able to sell it for as much as buyers are willing to pay. It's none of your business what his profit is or whether the purchasers are making good decisions in your opinion.
He, along with thousands like him, made the product scarce (during an impending pandemic) so they could make those who would normally pay five dollars have to pay $20-$80 if they wanted to follow the advice (at the time) of health officials. That's why he's being called a Jew.
It doesn't have to be a conspiracy for it to affect the market the way it did. I suspect that stores are out of toilet paper because of panic buying after people heard that they couldn't even order TP on amazon, and knowing what happened with hand sanitizer, hand wipes, rubbing alcohol, spray disinfectants, etc. etc. etc. all of which are cleaned out of every one of 5 stores I've looked for them. Now that schools are closing, people are stocking up (understandably) to feed everyone, so there's runs on other store items, but still inventory even with that. But paper products were gone (almost completely) before parents hit the stores over the last couple days.
It doesn't have to be a conspiracy for it to affect the market the way it did
Yes it does. You're claiming there would have been no shortage without scalpers, so in order to create a shortage they would have had to organise a conspiracy of tens of thousands of people (without even one of them letting slip) in order to clear out the entire country at the same time. One guy filling up a garage with sanitation products isn't going to create a shortage all on it's own.
I suspect that stores are out of toilet paper because of panic buying after people heard that they couldn't even order TP on amazon
According to the article he started organising this on march 1st, then it took him three days to fill a van with products, then one day later (so march 5th) amazon shut him down.
The panic buying was going on for weeks before that. I laughed at it up until two and a half weeks ago when my store almost ran out, so I bought two six packs and stocked them away at home.
I know another guy who went to an economy store and bought a years' worth, because why not, it's not like it expires. Even if the emergency fizzles he'll just use them normally.
A free market would weed out the $70 bottles in favor of people selling it for less. Stores would just raise the price a little if there was limited supply and people wouldn't hoard it in the first place.
The stores should have raised prices the moment the crisis hit. That way guys like this can't afford the clear out the shelves.
Even after he started doing what the stores should have done, it helps no one for amazon to block his sales: Now all those supplies are sitting in his garage helping no one.
Emergency supplies can have a limit on daily purchase, like 2 per household type of thing. Ideally you shouldn't have to raise prices just to ward off assholes. Why should regular consumers have to pay more because of those who would create the shortage?
Emergency supplies can have a limit on daily purchase, like 2 per household type of thing.
So bachelors get double and families of four get half? If a household decides they really need that extra package of toilet paper, despite the high prices, why shouldn't they be allowed to pay for it?
And that's assuming everyone plays by the rules. In reality you'll get people making multiple purchases and clerks won't be able to keep track of them.
Ideally you shouldn't have to raise prices just to ward off assholes.
Ideally we wouldn't need prices or money at all, people would always just take the minimum they need and produce as much as they can. But we don't live in an ideal world, so we need prices to communicate scarcity and limit consumption.
Why should regular consumers have to pay more because of those who would create the shortage?
He's not creating the shortage. Do you think he bought up literally all the supplies in his state? The shortage happened because there was a sudden massive spike in demand. He just noticed what was happening early on and bought up maybe .001% of the total supplies.
I didn't say he alone caused the problem. His story is a look into the dynamic of how the shortage was created.
Colvin is one of probably thousands of sellers who have amassed stockpiles of hand sanitizer and crucial respirator masks that many hospitals are now rationing, according to interviews with eight Amazon sellers and posts in private Facebook and Telegram groups from dozens more. Amazon said it had recently removed hundreds of thousands of listings and suspended thousands of sellers’ accounts for price gouging related to the coronavirus.
One family can go back the next day and buy the extra rolls if there are any available. Don't be dense, splitting hairs over bachelors vs. families of four. If the family is short handed, each parent can buy separately. Will a lot of people do that? Maybe, but most people won't. Most people are okay with reasonable limits so that everyone gets a shot at getting it, unlike when people walk out with the last 10 packages after 3 people cleaned out the previous 50 packages. You really don't get what happens in market supply chains in this circumstance when one group clears out inventory on a grand scale and you think everything is just business as usual.
I didn't say he alone caused the problem. His story is a look into the dynamic of how the shortage was created.
No it isn't. My social media feeds are full of regular people buying 10 times their weekly requirements in emergency goods. I know a guy who bought all his toilet paper for a year, because why not.
This guy is the exception, not the rule.
One family can go back the next day and buy the extra rolls if there are any available. Don't be dense, splitting hairs over bachelors vs. families of four. If the family is short handed, each parent can buy separately. Will a lot of people do that? Maybe, but most people won't.
Australian shops tried that when Chinese people were buying up all their baby formula to resell in china. They just formed a conveyor belt of people coming in, buying four tins, then going back through again until it was all gone.
Most people are okay with reasonable limits so that everyone gets a shot at getting it
If that were true there wouldn't be a shortage.
unlike when one person walks out with the last 10 packages after 3 people cleaned out the previous 50 packages.
Four people can't clear out an entire supermarkets' stock.
You really don't get what happens in market supply chains in this circumstance when one group clears out inventory on a grand scale and you think everything is just business as usual.
They wouldn't be able to clear them out if prices were allowed to rise naturally
What is this one "group" lol? Joe public cleared out the shops.
Four people can't clear out an entire supermarkets' stock.
You didn't read about the guy cleaning out 4 different costcos of pallets of wipes every day.
I was lucky to find one place that had a 2 package limit on TP, if it wasn't for them, I would be almost out. People are okay with reasonable limits, doesn't mean they wouldn't buy double that without the limit. Did the guy buy for the year during the same time he knew there was a big shortage in the works? If so, he's an asshole too. Even having people stop buying all the stock at one time (even if they come back later), still slows the process enough for others to get a shot at purchasing. People don't just go back and forth to the same cashier and expect to make multiple purchases without leaving and coming back later. Most families aren't running conveyor belt of purchasing a niche brand product in order to run a resale business.
The one group I refer to are the same people now sitting on hundreds of thousands of items that Amazon took off their outside vendor listings because of price gouging.
You didn't read about the guy cleaning out 4 different costcos of pallets of wipes every day.
Your scenario involved a guy buying 10 packages, and 3 guys buying 16-17 packages each. Depending on the product we're talking about that's barely one pallet. And big supermarkets will have more in their stockroom. Even if an entire pallet gets cleared out there's going to be a couple more.
I was lucky to find one place that had a 2 package limit on TP, if it wasn't for them, I would be almost out. People are okay with reasonable limits, doesn't mean they wouldn't buy double that without the limit.
Even if everyone buys two packages all on the same day, that'll deplete stock pretty quickly. I use one package a month.
Did the guy buy for the year during the same time he knew there was a big shortage in the works? If so, he's an asshole too.
Yes he did, as did many others. That's why there's a shortage: Ordinary people buying more than they immediately need in case there's a quarantine. You can rage and call them assholes if you like, but they're going to take care of them and their families and there isn't going to be much you can say to dissuade them.
Even having people stop buying all the stock at one time (even if they come back later), still slows the process enough for others to get a shot at purchasing.
Ok, but that doesn't alter the fact that there's still a massive shortage and price controls/purchase limits aren't going to change that.
Most families aren't running conveyor belt of purchasing a niche brand product in order to run a resale business.
They don't have to. Like I said, just buying a few packets each is enough to empty a supermarket. Hence why this guy had to go down the countryside to find anything: Regular people had already emptied the city shops.
when one group clears out inventory on a grand scale and you think everything is just business as usual.
The one group I refer to are the same people now sitting on hundreds of thousands of items that Amazon took off their outside vendor listings because of price gouging.
In that case I wouldn't agree their activity made a significant difference. A garage full of products is a lot on an individual scale, but spread out over two states it's not much.
I'm one of those assholes. For some insane reason I told my wife to stock up on TP about six weeks ago. She did and I did too. I swear it was like a mind parasite that was programmed into me. Of all things why the hell was I worried about TP?
I saved this from quite awhile back. Maybe this is where my mind virus came from, IDK. But I didn't buy all of the other essentials, just TP. I scare myself sometimes.
Six weeks ago isn't so bad, there was plenty of stock in my area up until a few days ago. I did get a warning a week ago but unlike you, I unfortunately did not heed the warning :(
Stores around me are putting limits on how many of certain things you can buy at a time. It helps a little, but it is frustrating when you see people cheating the rule.
Honestly, what's going on there is the store doesn't want to get blamed. They can't raise prices because they know everyone will go apeshit, and customer goodwill is worth a lot more than selling ~500 bottles of sanitiser at ten times the price.
But they have to be seen to do something so they institute a "4 per customer" rule or whatever. They know they have no chance whatsoever of enforcing it, but that's life. If anyone complains they can just throw up their hands and say "hey, not our fault."
Raising prices works better. That way people have to think carefully about whether they really need that whole box of disinfectant gel, or if they could manage with just a few of them.
Plus, purchase limits are a crude tool. Some people genuinely do need more than others.
Matt Colvin with his stock of hand sanitizer and other supplies in demand due to coronavirus concerns that he was selling online until Amazon and other sites started cracking down on price gouging
It is logical to raise prices when there is a goods shortage. The theory is that only the people in real need meaning the people who might die will buy. In theory that could be good. If the person in question had a heart of gold he would be personally sell his goods to the old and people at risk, in a hazmat suit going door to door.
There wasn't a shortage until people like him cleared out all the stock from as many retail stores that they could. THEY helped create the shortage and panic they intended to profit off of. I wouldn't want that jerk anywhere near my family.
There wasn't a shortage until people like him cleared out all the stock from as many retail stores that they could.
I call BS. It happened because ordinary people saw China and Italy quarantining their citizens and decided to stock up while they still could. Guys like this realised there was an opportunity and bought the last few items.
Guys like that took three or more weeks to buy 'the last few items', hundreds of thousands of 'the last few items. How many items would they have to had bought for you to think it affected the normal supply chain in the US? Half a million? A million? ??
Ok, let's imagine you're correct and there was literally no shortage before any scalpers showed up. Regular consumers didn't give a shit about all the stories about quarantines and FEMA and they were just going to buy their normal weekly shop.
How much of the shelf would have to be gone in order for them to go from "huh, they need to restock this shelf" to "oh, there actually is a shortage." I'm going to say over 75% of the shelf would have to be gone to make it look like something more than just a slow day for shelf stockers.
Do you think scalpers bought up 75% of the US's entire inventory of toilet roll? Obviously not.
On the other hand, it's completely believable that all the regular shoppers saw the memes and decided to buy three packets, just in case.
Actually I don't know and don't think that scalpers bought TP like they did the hand sanitizer, I think that was something that happened when people were fearful they wouldn't be able to buy it, after hearing it was unavailable on Amazon and that bottles of Purell were going for $80.
I think it is true that a lot people didn't think that local supply of hand sanitizer would disappear suddenly because of scalpers, early on. The people who bought the earliest were more likely to buy for resale imho. This is why JoeScalper was able to find as much product as he did. It seems like all the people interviewed made $30,000 to $45,000 dollars easy, with out hitting full stride and tapping their inventory before getting shut down. They expected to make much more. 17,700 bottles of sanitizer at $80 per? ($1,416,000) No wonder he so sad.
Well, that's how all these shortages happen. People get scared they won't be able to buy something in the future so they buy it now. And instead of selling a week's stock in one week, the shops sell a week's worth of stock in one hour.
It's possible they got scared because of scalpers, but that's the first I've heard of it. Most people I've talked to were scared of being quarantined, or of supply chains shutting down.
So I had heard followed the normal stories of what was happening in China, even heard of the shortage of Purell and how high the price was online. I didn't think the local area I lived in was cleaned out suddenly, but it was a shock when I found out it was. A sudden run so it seemed. The fear of supply chains shutting down takes hold when people see so many empty shelves and then rationing if they're lucky enough to find that. Normally I have a good stock of goods like TP, it's a fluke that the time I didn't, was the time when a sudden run on TP happened lol.
Nobody likes it but you have to let the market function.
The alternative is to just have nothing.
If the government wants to intervene then you don't do it by setting a price ceiling.
You increase the supply and prices naturally fail.
How do you increase the supply? Pay people to make it. Buy them the tools to do it. You can artificially flood the market and drive down prices. That's the only way to do it right.
He should of started buying wholesale, not stripping all the retail supply of product to resell while price gouging over the shortage he helped create.
That's not how the market is supposed to function. Suppliers don't sit on stockpiles of product to refill a sudden run on emergency safety protocol goods and by the time they make more the worst of the crisis may be over. The price was already right, the people stripping out the supply artificially drove it up by their actions, leaving people in the lurch to overpay for what would have been available to them without the vultures taking it all.
You're right but it was private businesses shutting him out (Amazon/eBay) not the government, I think this is a good example how markets can regulate themselves without government.
Well if the government shouldn't have laws protecting the buyer from unfair practices, we should also do away with laws protecting the seller from unfair practices. This is a free market issue, right? Let the seller pay for his own personal security force to prevent me and my friends from storming his facility, killing him, and taking what he possesses.
Free market. Hire your own personal army if you don't want government protection.
That would be a better way of doing it if it could be done. But the (((business owners))) sue the government over things like that and always win. The Jewdiciary has been clear on this, the government is not allowed to conduct business. They say it uses public funds to fund private business or to compete with private business. That is how telecoms around the world are allowed to gouge everyone.
It gets attacked by the left as unfair competition and it gets attacked by the right as socialism. It can't be done. So this is the best thing that can actually be done.
Carpetbaggers and scalawags from the postbellum times were mainly Jewish. This shows an inbred genetic contempt for profiting when charity is generally thought as the right thing to do.
Prepared for catastrophe? If you prepare, you stock up on necessities for your family, and some extra for exchange when there's no new shipments, not clear the shelves in x mile radius to sell immediately while driving the price up a few times.
Exactly. ^^ (price going up 10x-20x, more if thought they could get it, had they not been closed down, now all that inventory is not available for people who need it, so much for 'helping' the market).
Without markets, free markets, goods disappear completely from store shelves forever and flee to states without communist price controls. No one likes to sell at a loss.
Yes, HOWEVER, There's a difference between free market and market manipulation. If the guy created a synthetic shortage in his area for the purpose of manipulating the market price in a time of emergency, that's not good for anyone. If you allow the market (free of manipulation) to do what you say, I completely agree. There should be a stipulation that if you're buying an emergency supply, you're not allowed to resell it. In this manner, you would only purchase enough for what you thought you needed. This allow the market to float the price naturally without shitheads like this taking advantage of the situation.
Yes, HOWEVER, There's a difference between free market and market manipulation.
Like what.
If the guy created a synthetic shortage in his area for the purpose of manipulating the market price in a time of emergency
If there's an emergency then how is the shortage "synthetic"? Do you really think this shortage wasn't going to happen without him?
If you allow the market (free of manipulation) to do what you say, I completely agree.
A market free of manipulation would allow him to buy and sell supplies at any price he likes.
There should be a stipulation that if you're buying an emergency supply, you're not allowed to resell it for a profit until the emergency is over.
So when wallmart buys toilet roll from their supplier they have to sell it at cost? Or is this only a rule that applies to little people?
In this manner, you would only purchase enough for what you thought you needed.
Nope. If emergency supplies stay at their normal price people will buy them all, just in case, because their families are more important to them than some stranger.
This allows the market to float the price naturally without shitheads like this taking advantage of the emergency situation.
He is floating the price naturally. You're the one proposing price manipulation.
Yup, He absolutely helped create a shortage. Now the market supply chain is fucked because of actions like his by many, many people, all price gouging behavior, creating the shortage, (causing hoarding by other consumers), then saying they're just trying to fulfill a shortage of product, at up to 20x more than regular retail. He sits on almost 18,000 bottles of sanitizer while all the locals at the stores he stripped of inventory go without, putting them at higher risk of getting infection when no one can sanitize surfaces/hands as they were instructed to do.
That is obviously wrong. He has an ordinary household garage full of supplies, I bet he didn't even buy the equivalent of a single supermarket's stockroom.
In reality what happened was he drove all over the place buying the last few items off the shelf after other people had cleared them out. He didn't create a shortage, he responded to it.
He drove through different states buying up as much as he could to fill a U-Haul truck he rented with the purpose of selling it all to people at a higher cost. He created the shortage by buying up all the products.
He drove through different states buying up as much as he could to fill a U-Haul truck he rented with the purpose of selling it all to people at a higher cost.
Ok, good for him.
He created the shortage by buying up all the products.
We can see in the article that he has an ordinary suburban garage full of supplies. That's a lot of sanitiser and disinfectant, sure, but not that much. I'd say the average wallmart has more than that in stock on a normal day.
We can assume he's in this for the money, he doesn't just particularly enjoy road trips, so why did he drive all over the country filling up his truck when he could have filled it at the first 1 (max 2) shops then gone home?
The answer is because those shops were almost out of products already. If they weren't he wouldn't have had to drive all over Tenessee and Kentucky just to fill up one U-Haul truck.
So, even if we were living under a rock and didn't see any of the social media posts about ordinary people buying toilet paper like it's black friday, we know for a fact the shortage existed before he started any of this.
You would not be able to fill up a UHaul with 2 shops. He sold a lot of it before Amazon shut him down. This isn't all his supplies. He had more.
It says right in the article:
Driving around Chattanooga, Tennessee, they hit a Dollar Tree, then a Walmart, a Staples and a Home Depot. At each store, they cleaned out the shelves.
No you're wrong. He went everywhere buying all the inventory across stores where people had not yet panicked. He didn't think those locals would need it and didn't bother to leave them any. Multiple stores, dollar stores, any place he could think of, not places where one store has 17,000 bottles in one storeroom. Nearly 18,000 bottles and from the pics, many are large bottles. Probably enough for a couple people to use 2x a day for a month or more. Or enough to keep on an office countertop where many people could clean their hands. That's a lot of shortage that he himself caused. You didn't look at all the pictures or read the article. Typical of knee jerk responders who make up shit.
On March 1, the day after the first coronavirus death in the United States, brothers Matt and Noah Colvin set out in a silver S.U.V. to pick up some hand sanitizer. Driving around Chattanooga, Tenn., they hit a Dollar Tree, then a Walmart, a Staples and a Home Depot. At each store, they cleaned out the shelves.
Over the next three days, Noah Colvin took a 1,300-mile road trip across Tennessee and into Kentucky, filling a U-Haul truck with thousands of bottles of hand sanitizer and thousands of packs of antibacterial wipes, mostly from “little hole-in-the-wall dollar stores in the backwoods,” his brother said. “The major metro areas were cleaned out.”
Mr. Colvin said he was simply fixing “inefficiencies in the marketplace.” Some areas of the country need these products more than others, and he’s helping send the supply toward the demand.
“There’s a crushing overwhelming demand in certain cities right now,” he said. “The Dollar General in the middle of nowhere outside of Lexington, Ky., doesn’t have that.”
A crushing demand? He was a bit late getting in. Price gouging had been going on for several weeks already, what he called market 'inefficiencies' meaning other vendors had already cleaned out those areas of inventory, otherwise how would he be fixing inefficiencies in places where people are fully stocked?
(I missed that part, how short a time he had been selling, so yes the 17,700 bottles was the bulk of his inventory, he was shut down the day after he started selling). But he did not think that rural areas needed what they had and he 'cleaned out' whatever he found.
My theory is the latter, with the added belief that the greater demand was driven in no small part by the lack of normal supply when online vendors were cranking and had been systematically buying up all inventory they could get their hands on. If people were already stocked up, then the remaining demand shouldn't have seemed so dramatic. I bet a lot of people were caught off guard on local shortages regarding hand sanitizers/cleaning products, even though they had followed the story in China.
The combined population of kentucky and tennessee is 11.2 million. There's going to be around one shop per hundred people, so that's 1.2 million of them. His garage of supplies is a drop in the bucket compared to that kind of inventory. I don't think he's the one driving the problem.
A benefit of capitalism is that price gouging during an emergency helps allocate scare resources (like Hand Sanitizer) to places that need it most automatically.
Lets put it like this -
If hand sanitizer is going for $80 a bottle in the US, that means hand sanitizer factories will start working overtime producing hand sanitizer, and will reroute shipments from Africa to the US.
If hand sanitizer is price controlled at $8 a bottle and sold out, that means hand sanitizer factories have no reason to produce more or reroute from their normal shipping routes.
You're incorrect in this instance. The person in the story claimed to take from those in remote areas, who, in his opinion, didn't need it (how does he know or why is he the expert to decide who needs something?). Some people like him claim to be selling to people in remote areas, who can't find it in their area (because the inventory was already cleared out by opportunistic sellers).
Time is of the essence in emergency supplies to stop contagious situations from getting out of control. Suppliers don't sit on huge inventories, how do you know how long it takes to make more product? Why should 10,000 people who could of bought something for five dollars (had the local inventory not been raided) have to pay $80 a bottle to the scumbags gougers who caused shortages in their areas? Some elderly people have a hard time meeting prescription drug costs and now you expect them to pay 20x over the normal retail cost of something that would have been available if not for the jerks who cleared out ALL the stock over a period of a few weeks?
They fucked with the market supply chain and now things are screwed for many people as they sit on tens of thousands of bottles stockpiled in their garage.
I see you're reasoning and it makes sense. The problem I have though is manufactured crises, which this one appears to be.
What's to stop these kike conglomerates from creating a crisis tailor made for their brands, which they can now gouge governments and citizens for. It's kike control. People don't seem to agree with me but that's fine.
So you want this government which is controlled by kike conglomerates to start centrally planning prices during emergencies? Gee what could possibly go wrong.
At the end of the day long term I think we're in deep shit no matter. Fucked if I know if I'm right or not in this matter dude but I don't see a rosy future either way.
I agree with you, it pisses me off that people don't recognize what really happened to the supply chain. The crisis of shortage was created and spiraled into fear, affecting the supply of other products (for example, baby wipes, napkins, bottles of rubbing alcohol etc.)
John F. Stossel was born on March 6, 1947,[6] in Chicago Heights, Illinois, the younger of two sons,[7] to Jewish parents who left Germany before Hitler rose to power
Not only can he not sell or buy them, Democrats states made it ILLEGAL to sell it in stores at the exact same price you bought t for no profit! You HAVE to sell Hand Sanitizers at a LOSS, so that the government can grab it all.
Democrate State Attorney General of Michigan put a price cap of 10% higher than 6 MONTH AVERAGE prior price, pre-inflation pre-shipping increase pre-supply-fight.
This means, like venezeula, with socialist "democrat" price controls, many states like michigan, with democrat appointed attorney generals, WILL HAVE NOT ONE SINGLE BOTTLE OF HAND SANITIZER! It will all be diverted and sold to Ohio border stores.
Michigan bills aim to stop price gouging during emergencies like coronavirus:
Because of socialists, who do not know anything about supply and demand markets, there shall NEVER EVER be any more hand sanitizer ever again shipped to michigan and the democrats in michigan will end up killing millions of people.
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He didn't win, he's arguing a different case, where the supply chain is compromised and vendors step in to help, not when vendors fuck up the supply chain themselves so they can gouge cash out of desperate people who are in fear of spreading or catching an very contagious virus during an impending epidemic.
However, buying shit up to create a scarcity should be illegal. It is market manipulation. You should not be allowed to resell it into the same market at a markup. #changemymind
^^this is spot on in the case of emergency supplies, pandemic. Maybe a case can be made for free market ticket scalping at popular concerts but not this.
It is real when everyone is panicking and it is the panic that is the crisis. It doesn't matter what the kill rate is, what matters is the effects of the quarantines.
SisterOfBattle ago
Why can't he just donate his stock to his local nursing homes, daycares and hospitals? Oh wait, because he'd rather sit on something he can't sell out of spite rather than help people. Seriously these people would sit on a bucket of water and refuse to douse you out if you're on fire if they knew they wouldn't get money out of you first.
Pointyball ago
He removed sanitizer that was already widely distributed. He prevented many people from protecting themselves in an attempt to gouge those same people. Even if Amazon and Ebay blocked him from gouging, he is still guilty of harming the public.
vastrightwing ago
Only connected kleptocrats can do this.
Reinhart ago
Do us all a favor and drink it. Fucking cunt, you're the reason I can't even do my normal shopping.
Fuck
Greensbr ago
Sure this story isn't just an attempt to make a White "family man" look like a dick?
zr0z ago
when the greed for money outweighs compassion, cant blame him though, that's how people were programmed. although i wouldn't do that myself, it is a capitalist society. supply and demand, people will rather make a dollar instead of helping each other. i blame the media and the panic, he would have no buyers if this wasn't blown out of proportion
9NaughtZ ago
It’s the open market. Let it happen. It will work itself out
ToxicWhiteMale ago
I doesn't sound like jew name, I don't think he is one.
Saulspergmin ago
There's nothing wrong with charging more for a good or service that is in high demand/short supply. Or are you a communist shitstain who prefers shortages and hoarding?
TheRealAmalek ago
He made the short supply though
Saulspergmin ago
I'm not so sure about that. I think it was the fact stores in the US aren't allowed to raise their prices more than 15% or so percent during a crisis. The fact he was able to sell that stuff marked up is evidence that's what people were willing to pay, which means what should have happened is the stores should have been able to institute a similar mark up. This would have served to ration consumption as well as finance new supplies. What pricks like him are doing is just what retailers would have done themselves if Uncle Sam wasn't getting in the way.
Civil_Warrior ago
Jews LOVE DISASTER CAPITALISM
mediaisfooked ago
My wife just made some hand sanitizer by adding rubbing alcohol to liquid soap...and there are no shortages here.
Slipstream ago
I cut out the middle part by drinking the rubbing alcohol. My entire body is impervious to WuFlu.
mediaisfooked ago
Hahaha. I think you want the ethanol alcohol then. I have read that the isopropyl alcohol will really fuck with your stomach.
theKiernut ago
Gougers need to go right to jail, and have their goods confiscated.
Broc_Lia ago
Yes. Let's allow the government to set prices and inprison anyone who charges the "wrong" amount. I'm sure that will end well
kestrel9 ago
Give them a one way flight to Wuhan with all the product they can carry in a suitcase, let them sell it on the streets over there.
Totally-Not-A-Troll ago
Price gouger gets shut down. Too bad for him. It couldn't happen to a worse person.
FoundingUncle ago
He could list them on CraigsList for 2x what he paid. Cash only.
If you're going to Jew, Jew it right.
Slipstream ago
Back alley deals only. Life expectancy 12 minutes.
FoundingUncle ago
I just checked my local CraigsList. Hand sanitizer is priced high, but it is available. I've done many CraigsList deals in the hundreds of dollars, and at least one (car purchase) in the thousands of dollars. All cash deals. No problems. Sure, some crack heads try to rob people, which is why you bring (1) a big, intimidating guy with a biker beard and messy clothes, and/or (2) a concealed handgun on the little person who scores well at practical shooting competitions.
Slipstream ago
I've been dumb enough to have people from CL into my house to look at furniture. Fortunately nothing bad has ever come from it but I don't do that anymore.
The other countermeasure I've heard of is to do your dealing in front of a police station.
Lokester ago
I'd be open to a home delivery option for 5-10% above retail - Hymie is a complete business failure if he can't deliver.
AR47 ago
Used to do something similar to this with Lego back before Lego ideas came into play.
I will explain...used to Lego had a theme called cuuso and they started in Japan where if a set idea designed by a fan got 10k votes it would be evaluated for retail and the submitter would get 1% of the sales.
So people used high piece counts as Lego only made 10k of this set and the first two were only sold in Japan...well around 2012 it came to USA, and they did the Mars Rover....now the Mars Rover was built to minifig scale and only 10,000 were made and they will never make them again.
It comes with this great book too... explained the NASA program and the box presentation was really good...set was 30 bucks USD.
So a good friend of mine and I bought all of them in the western hemisphere lol. 1109 of them....doesn't sound like much right?
When you are talking about the millions of Lego fans (neck bearded faggots with Mom and Dad's money) it suddenly seems like a lot now?
We proceed to list them for 300 each and sell out in 4 days lol.
Reddit hated me, and banned me and him as well from /r/Lego. So black Friday comes around and Lego sells this big ass box with 1700 pieces of a decent assortment for 20 bucks.....I coordinated to buy 200 of them and sold them on Amazon for 125 each.....20 minutes of listing they were all gone.
Used to be able to make FUCK YOU money selling Lego.
Slipstream ago
Now that's a great story. Nobody needs legos to survive, you saw an opportunity and you executed.
Hey @rabbi_shlomo, can you make this goy an honorary jew?
AR47 ago
Lol
We made 10s of thousands doing this shit and rode that wave until hype died down ....was funny because all those who got in too late were stuck with inventory and had to take a loss when we bought it off them.
We shipped all of it to the UK and made around 60% profit after shipping.
kestrel9 ago
Not the same as this really, no one was at risk of catching a possible death flu or passing that flu onto someone else. Collector items are a different category of retail in my book. No one was fearful of dying or stressed because they couldn't wipe down and sanitize surfaces at their elderly parents home.
Broc_Lia ago
Right. Emergency supplies are more important so it's even less excusable to resort to price fixing.
kestrel9 ago
Then we need to get rid of generic drugs and let all companies charge the max, let the people pay out of their own pockets. It's not really free market unless you do /s
Broc_Lia ago
Toilet paper and hand sanitiser aren't patent-monopolies. So no, that's not comparable.
As for the rest of it, yes.
Bill_Williamson ago
jews are gonna jew, that's a given. But will you lynch their ass, White man? Probably not. Probably die at home because a yellow nigger breathed on you.
StrangeThingsAfoot ago
I don't see any evidence he's a Jew... although he's sure acting like one
rabbi_shlomo ago
That's no Jew. His last name is Colvin. That's pure Anglo-Saxon.
The greed of whites is their downfall. And look how ingenuous you are, accusing of him of being a Jew when he is pure white. Kek, you dont want to take responsibility for your own race
toobaditworks ago
Rabbi, he's an honorary jew as per rules of jewcusition #219: "Create thee shortage, profit thee shortage"
Slipstream ago
So it is written.
Lurkylurklurk ago
LOL BLACK PEOPLE ON TWITTER ARE GOING ON ABOUT HOW THIS YT MAN IS FUCKING UP THE COMMUNITY. NOT A SINGLE WORD IN THE THREAD REFERS TO WHO THE HOOK NOSE REALLY IS. IM FUCKING DED HAHAHAHAH
GumbyTM ago
This sounds like some kind of interstate commerce violation.....
Admission and intent to create a shortage which will increase the public health risk.
Seize his property and charge it with a crime the same way they do vehicles caught smuggling drugs.
Broc_Lia ago
You're on voat. Do you really care about whatever laws the globalists have passed?
He didn't create a shortage, the shortage already existed. Unless of course you're suggesting a single suburban garage is capable of containing all the sanitation products within 2 days drive of his house.
Lol! Why? Because him charging market prices for this stuff hurts your feelings?
TheRealAmalek ago
Totally agreed
dirt_reynolds ago
I'm glad I'm a crazy prepper and have no need to deal with sheister assholes like this.
AlternateSelection ago
Why?
Smells_Like_Tacos ago
Shoot on sight!!
Rumd ago
What a douche
RM-Goetbbels ago
A nigger that charges a jew 15% on his sales points at the jew and calls him a nigger.
anticlutch ago
Highly doubtful. Entrepreneurial White being stopped by jews because he's making a buck off their poor timing.
Charles_Ponzi_ ago
He's still a fucking idiot. As an Amazon seller he shold know that brands can stop 3rd partys from selling their products.
Slipstream ago
He's a gambler. He lost.
Cat-hax ago
A bit of a douchebag move to drive 1300miles out to buy up ALL of the supplies, I call this karma.
GoyimNose ago
Hang him
Shotinthedark ago
What makes you think he is a jew
The_Venerable ago
He's acting like one?
Shotinthedark ago
How? Selling things to make money isn't a idea owned by jews yet.
The_Venerable ago
It's unethical. Anything to make a buck. That attitude and mind set is the most well known sterotype attributed to jews. He is being irresponsible and putting his community at risk. Another thing jews are known for. This money over everything mentality is ruining society and this planet.
Shotinthedark ago
Bro, the jew boogeyman isn't everywhere, sometimes other people want to make.money too.
noob_tube ago
He's not jewish
DestroyerOfSaturn ago
He'll most likely donate them to charity and claim it as a tax cut. Could care less if it wants to sell them at $6 million a piece. You don't have to buy it. If the government wants to stop price gouging it should start with the local stuff such as tickets/fines.
SIayfire122 ago
Best thing he can do is wait it out and sell it for market value online after everything normalizes.
Jujubean ago
His neighbors should set his garage on fire. Then gawk and block the fire trucks until his house is a loss. Then casually mention to the insurance adjuster that he was running a business with flammable goods out of his garage.
ardvarcus ago
Hee-hee-hee. You'll have clean hands when you rub them, Jew.
kestrel9 ago
Charge him $200 a bottle to take it all off his hands and he gets no jail time for market manipulation and causing a shortage of products which people were advised by health officials to use in order to stay healthy during an emerging pandemic.
prairie ago
Not really his fault, it's the "it's price gouging!!!" people who brought this on themselves. They'd complain if there was even a 100% increase in price from Amazon itself.
Cat-hax ago
Don't really need to sell one bottle at 70$ when 10$ is profit enough, in online markets in games people would be selling x item for 2000 game money when 100 is a profit, so I would sell at 300 game money, every one would buy from me so I would actually make more game money then the other guy selling at 2000.
Slipstream ago
Right and what you're discussing is the market in action. Your game theory doesn't stop when you start making 100 profit. It continues until things reach equilibrium (more or less), when nobody is making inordinate profits because margins are thin from competition.
Thisismyvoatusername ago
What makes $10 "profit enough" and $70 too much? He's got a scarce resource, he should be able to sell it for as much as buyers are willing to pay. It's none of your business what his profit is or whether the purchasers are making good decisions in your opinion.
kestrel9 ago
He, along with thousands like him, made the product scarce (during an impending pandemic) so they could make those who would normally pay five dollars have to pay $20-$80 if they wanted to follow the advice (at the time) of health officials. That's why he's being called a Jew.
Broc_Lia ago
You've been repeating this thoughout this entire thread without a lick of proof.
What's more likely:
or
Given that I've seen one example of the latter and plenty of examples of the former, I'm going to say scalpers didn't cause the shortage.
kestrel9 ago
It doesn't have to be a conspiracy for it to affect the market the way it did. I suspect that stores are out of toilet paper because of panic buying after people heard that they couldn't even order TP on amazon, and knowing what happened with hand sanitizer, hand wipes, rubbing alcohol, spray disinfectants, etc. etc. etc. all of which are cleaned out of every one of 5 stores I've looked for them. Now that schools are closing, people are stocking up (understandably) to feed everyone, so there's runs on other store items, but still inventory even with that. But paper products were gone (almost completely) before parents hit the stores over the last couple days.
Broc_Lia ago
Yes it does. You're claiming there would have been no shortage without scalpers, so in order to create a shortage they would have had to organise a conspiracy of tens of thousands of people (without even one of them letting slip) in order to clear out the entire country at the same time. One guy filling up a garage with sanitation products isn't going to create a shortage all on it's own.
According to the article he started organising this on march 1st, then it took him three days to fill a van with products, then one day later (so march 5th) amazon shut him down.
The panic buying was going on for weeks before that. I laughed at it up until two and a half weeks ago when my store almost ran out, so I bought two six packs and stocked them away at home.
I know another guy who went to an economy store and bought a years' worth, because why not, it's not like it expires. Even if the emergency fizzles he'll just use them normally.
prairie ago
A free market would weed out the $70 bottles in favor of people selling it for less. Stores would just raise the price a little if there was limited supply and people wouldn't hoard it in the first place.
bizzywiz ago
‘What the heck am I going to do with all of this?'
go bankrupt you filthy pond scum, that's what...and you whine for anybody's pity? the definition of Chutzpah
Broc_Lia ago
The stores should have raised prices the moment the crisis hit. That way guys like this can't afford the clear out the shelves.
Even after he started doing what the stores should have done, it helps no one for amazon to block his sales: Now all those supplies are sitting in his garage helping no one.
Price controls only ever cause problems.
kestrel9 ago
Emergency supplies can have a limit on daily purchase, like 2 per household type of thing. Ideally you shouldn't have to raise prices just to ward off assholes. Why should regular consumers have to pay more because of those who would create the shortage?
Broc_Lia ago
So bachelors get double and families of four get half? If a household decides they really need that extra package of toilet paper, despite the high prices, why shouldn't they be allowed to pay for it?
And that's assuming everyone plays by the rules. In reality you'll get people making multiple purchases and clerks won't be able to keep track of them.
Ideally we wouldn't need prices or money at all, people would always just take the minimum they need and produce as much as they can. But we don't live in an ideal world, so we need prices to communicate scarcity and limit consumption.
He's not creating the shortage. Do you think he bought up literally all the supplies in his state? The shortage happened because there was a sudden massive spike in demand. He just noticed what was happening early on and bought up maybe .001% of the total supplies.
kestrel9 ago
I didn't say he alone caused the problem. His story is a look into the dynamic of how the shortage was created.
One family can go back the next day and buy the extra rolls if there are any available. Don't be dense, splitting hairs over bachelors vs. families of four. If the family is short handed, each parent can buy separately. Will a lot of people do that? Maybe, but most people won't. Most people are okay with reasonable limits so that everyone gets a shot at getting it, unlike when people walk out with the last 10 packages after 3 people cleaned out the previous 50 packages. You really don't get what happens in market supply chains in this circumstance when one group clears out inventory on a grand scale and you think everything is just business as usual.
Broc_Lia ago
No it isn't. My social media feeds are full of regular people buying 10 times their weekly requirements in emergency goods. I know a guy who bought all his toilet paper for a year, because why not.
This guy is the exception, not the rule.
We don't have to even imagine how wrong you are: https://www.abc.net.au/news/2018-04-26/daigou-chinese-personal-shopping-$1-billion-industry/9671012
Australian shops tried that when Chinese people were buying up all their baby formula to resell in china. They just formed a conveyor belt of people coming in, buying four tins, then going back through again until it was all gone.
If that were true there wouldn't be a shortage.
Four people can't clear out an entire supermarkets' stock.
They wouldn't be able to clear them out if prices were allowed to rise naturally
What is this one "group" lol? Joe public cleared out the shops.
kestrel9 ago
You didn't read about the guy cleaning out 4 different costcos of pallets of wipes every day.
I was lucky to find one place that had a 2 package limit on TP, if it wasn't for them, I would be almost out. People are okay with reasonable limits, doesn't mean they wouldn't buy double that without the limit. Did the guy buy for the year during the same time he knew there was a big shortage in the works? If so, he's an asshole too. Even having people stop buying all the stock at one time (even if they come back later), still slows the process enough for others to get a shot at purchasing. People don't just go back and forth to the same cashier and expect to make multiple purchases without leaving and coming back later. Most families aren't running conveyor belt of purchasing a niche brand product in order to run a resale business.
The one group I refer to are the same people now sitting on hundreds of thousands of items that Amazon took off their outside vendor listings because of price gouging.
Broc_Lia ago
Your scenario involved a guy buying 10 packages, and 3 guys buying 16-17 packages each. Depending on the product we're talking about that's barely one pallet. And big supermarkets will have more in their stockroom. Even if an entire pallet gets cleared out there's going to be a couple more.
Even if everyone buys two packages all on the same day, that'll deplete stock pretty quickly. I use one package a month.
Yes he did, as did many others. That's why there's a shortage: Ordinary people buying more than they immediately need in case there's a quarantine. You can rage and call them assholes if you like, but they're going to take care of them and their families and there isn't going to be much you can say to dissuade them.
Ok, but that doesn't alter the fact that there's still a massive shortage and price controls/purchase limits aren't going to change that.
They don't have to. Like I said, just buying a few packets each is enough to empty a supermarket. Hence why this guy had to go down the countryside to find anything: Regular people had already emptied the city shops.
In that case I wouldn't agree their activity made a significant difference. A garage full of products is a lot on an individual scale, but spread out over two states it's not much.
Slipstream ago
Hey man, you need a few squares. we'll talk.
kestrel9 ago
LOL, yeah it's a bad feeling man.
Slipstream ago
I'm one of those assholes. For some insane reason I told my wife to stock up on TP about six weeks ago. She did and I did too. I swear it was like a mind parasite that was programmed into me. Of all things why the hell was I worried about TP?
I saved this from quite awhile back. Maybe this is where my mind virus came from, IDK. But I didn't buy all of the other essentials, just TP. I scare myself sometimes.
https://files.catbox.moe/lo3595.jpg
kestrel9 ago
Six weeks ago isn't so bad, there was plenty of stock in my area up until a few days ago. I did get a warning a week ago but unlike you, I unfortunately did not heed the warning :(
https://voat.co/v/whatever/3695433
Samsquamch ago
Stores around me are putting limits on how many of certain things you can buy at a time. It helps a little, but it is frustrating when you see people cheating the rule.
Broc_Lia ago
Honestly, what's going on there is the store doesn't want to get blamed. They can't raise prices because they know everyone will go apeshit, and customer goodwill is worth a lot more than selling ~500 bottles of sanitiser at ten times the price.
But they have to be seen to do something so they institute a "4 per customer" rule or whatever. They know they have no chance whatsoever of enforcing it, but that's life. If anyone complains they can just throw up their hands and say "hey, not our fault."
Broc_Lia ago
Raising prices works better. That way people have to think carefully about whether they really need that whole box of disinfectant gel, or if they could manage with just a few of them.
Plus, purchase limits are a crude tool. Some people genuinely do need more than others.
RoBatten ago
Ebay already . . .
Broc_Lia ago
oar ago
The article is all about ebay deleting posts. ebay what? ebay how?
BrokenVoat ago
It is logical to raise prices when there is a goods shortage. The theory is that only the people in real need meaning the people who might die will buy. In theory that could be good. If the person in question had a heart of gold he would be personally sell his goods to the old and people at risk, in a hazmat suit going door to door.
kestrel9 ago
There wasn't a shortage until people like him cleared out all the stock from as many retail stores that they could. THEY helped create the shortage and panic they intended to profit off of. I wouldn't want that jerk anywhere near my family.
Broc_Lia ago
I call BS. It happened because ordinary people saw China and Italy quarantining their citizens and decided to stock up while they still could. Guys like this realised there was an opportunity and bought the last few items.
kestrel9 ago
Guys like that took three or more weeks to buy 'the last few items', hundreds of thousands of 'the last few items. How many items would they have to had bought for you to think it affected the normal supply chain in the US? Half a million? A million? ??
Broc_Lia ago
Ok, let's imagine you're correct and there was literally no shortage before any scalpers showed up. Regular consumers didn't give a shit about all the stories about quarantines and FEMA and they were just going to buy their normal weekly shop.
How much of the shelf would have to be gone in order for them to go from "huh, they need to restock this shelf" to "oh, there actually is a shortage." I'm going to say over 75% of the shelf would have to be gone to make it look like something more than just a slow day for shelf stockers.
Do you think scalpers bought up 75% of the US's entire inventory of toilet roll? Obviously not.
On the other hand, it's completely believable that all the regular shoppers saw the memes and decided to buy three packets, just in case.
kestrel9 ago
Actually I don't know and don't think that scalpers bought TP like they did the hand sanitizer, I think that was something that happened when people were fearful they wouldn't be able to buy it, after hearing it was unavailable on Amazon and that bottles of Purell were going for $80.
I think it is true that a lot people didn't think that local supply of hand sanitizer would disappear suddenly because of scalpers, early on. The people who bought the earliest were more likely to buy for resale imho. This is why JoeScalper was able to find as much product as he did. It seems like all the people interviewed made $30,000 to $45,000 dollars easy, with out hitting full stride and tapping their inventory before getting shut down. They expected to make much more. 17,700 bottles of sanitizer at $80 per? ($1,416,000) No wonder he so sad.
Broc_Lia ago
Well, that's how all these shortages happen. People get scared they won't be able to buy something in the future so they buy it now. And instead of selling a week's stock in one week, the shops sell a week's worth of stock in one hour.
It's possible they got scared because of scalpers, but that's the first I've heard of it. Most people I've talked to were scared of being quarantined, or of supply chains shutting down.
kestrel9 ago
So I had heard followed the normal stories of what was happening in China, even heard of the shortage of Purell and how high the price was online. I didn't think the local area I lived in was cleaned out suddenly, but it was a shock when I found out it was. A sudden run so it seemed. The fear of supply chains shutting down takes hold when people see so many empty shelves and then rationing if they're lucky enough to find that. Normally I have a good stock of goods like TP, it's a fluke that the time I didn't, was the time when a sudden run on TP happened lol.
Outstretched_Bill ago
Fuck this nigger i hope he gets robbed. Great idea putting his picture online!
tastelessinvective ago
Nobody likes it but you have to let the market function.
The alternative is to just have nothing.
If the government wants to intervene then you don't do it by setting a price ceiling.
You increase the supply and prices naturally fail.
How do you increase the supply? Pay people to make it. Buy them the tools to do it. You can artificially flood the market and drive down prices. That's the only way to do it right.
kestrel9 ago
He should of started buying wholesale, not stripping all the retail supply of product to resell while price gouging over the shortage he helped create.
That's not how the market is supposed to function. Suppliers don't sit on stockpiles of product to refill a sudden run on emergency safety protocol goods and by the time they make more the worst of the crisis may be over. The price was already right, the people stripping out the supply artificially drove it up by their actions, leaving people in the lurch to overpay for what would have been available to them without the vultures taking it all.
AdmiralEnchilada ago
You're fucking DUMB
THE SUPPLY CHAIN IS IN CHINA BECAUSE OF MORONS LIKE YOU
THE CHINESE ARENT SENDING ANYTHING
YOU DESERVE DEATH FOR YOUR IDIOCY
tastelessinvective ago
I didn't go full blown neocon free trader.
I allowed for intervention in the form pumping supply and I think common sense nationalism is great.
All I wanted to convey is that price ceilings are retarded commie nonsense. Because they are!
Sour ago
You're right but it was private businesses shutting him out (Amazon/eBay) not the government, I think this is a good example how markets can regulate themselves without government.
oar ago
No.
Democrat states pass laws preventing free market pricing. Its not just ebay/amazon/walmart online/etc.
ITS GOVERNMENT tampering in prices creating dire shortages of goods as wholesale costs rise :
https://www.mlive.com/public-interest/2020/03/michigan-bills-aim-to-stop-price-gouging-during-emergencies-like-coronavirus.html
FilthyDisgustingGuy ago
Well if the government shouldn't have laws protecting the buyer from unfair practices, we should also do away with laws protecting the seller from unfair practices. This is a free market issue, right? Let the seller pay for his own personal security force to prevent me and my friends from storming his facility, killing him, and taking what he possesses.
Free market. Hire your own personal army if you don't want government protection.
kestrel9 ago
^^
oar ago
YOU JUST LET PRICES let manufacturers know what to make.
prices are how goods find buyers. Free market prices. :
Stossel- “Price Gouging” :
https://vimeo.com/199329520
canbot ago
That would be a better way of doing it if it could be done. But the (((business owners))) sue the government over things like that and always win. The Jewdiciary has been clear on this, the government is not allowed to conduct business. They say it uses public funds to fund private business or to compete with private business. That is how telecoms around the world are allowed to gouge everyone.
It gets attacked by the left as unfair competition and it gets attacked by the right as socialism. It can't be done. So this is the best thing that can actually be done.
TheRealAmalek ago
True.... Too many people don't understand economics which allows Jews to take advantage everyone.
xzars_folly ago
lets put this way. If we were to find this guy dead, I wouldn't be upset at all.
Gargilius ago
dead, drowned in hand sanitizer liquid.
Gargilius ago
...and then set on fire (the dang thing is flammable)
Phantom42 ago
Where's the "oy vey I do not have hands but must rub" meme when ya need it?
RIGHT FUCKING HERE:
https://i.4pcdn.org/pol/1518905161378s.jpg
toobaditworks ago
Every notice they want everyone cleaning their hands? The rubbing motion is very similar. Is this a jewish ritual meant to be done on a massive scale?
Slipstream ago
I bet you're on to something. They love rituals.
Ozzsanity ago
I invite Belial to enter the life of that guy's baby.
RustyEquipment ago
What a faggot. And he probably wants the word to take pity on his poor choice of ducking over his communities
PizzaphilePodesta ago
i haven’t heard much good about amazon’s mgmt, but good on them for shutting down shameless jew price gouging.
AdValorem ago
Carpetbaggers and scalawags from the postbellum times were mainly Jewish. This shows an inbred genetic contempt for profiting when charity is generally thought as the right thing to do.
HeebSlayer ago
Amazon is scum. Fresh Foods was asking for it's employees to donate sick time to other workers affected by Coronavirus.
Slipstream ago
God they are shameless.
kestrel9 ago
Right, they were taking a cut until enough people complained and they looked bad.
noob_tube ago
He's not jewish.
puggy ago
somewhere he learned some lessons
Dimetrodon ago
He's spiritually Judaic.
Napierdalator ago
But he acts as one.
HillBoulder ago
He's just gonna have to send dick pics to @maroonsaint for proof
Maroonsaint ago
I’m not even gonna try to avoid the slant virus. If I get it I get it, fuck it. If I die. Guess I’m dead
HillBoulder ago
Well I for one hope you make it.
noob_tube ago
Well I guess I'm a jew because I'm prepared for catastrophe, then? Gathering valuable goods is not jewish. Selling them is not jewish.
Napierdalator ago
Prepared for catastrophe? If you prepare, you stock up on necessities for your family, and some extra for exchange when there's no new shipments, not clear the shelves in x mile radius to sell immediately while driving the price up a few times.
kestrel9 ago
Exactly. ^^ (price going up 10x-20x, more if thought they could get it, had they not been closed down, now all that inventory is not available for people who need it, so much for 'helping' the market).
oar ago
Without markets, free markets, goods disappear completely from store shelves forever and flee to states without communist price controls. No one likes to sell at a loss.
Stossel- “Price Gouging” :
https://vimeo.com/199329520
kestrel9 ago
Wrong comparison, discussed it already.
yergi ago
Yes, HOWEVER, There's a difference between free market and market manipulation. If the guy created a synthetic shortage in his area for the purpose of manipulating the market price in a time of emergency, that's not good for anyone. If you allow the market (free of manipulation) to do what you say, I completely agree. There should be a stipulation that if you're buying an emergency supply, you're not allowed to resell it. In this manner, you would only purchase enough for what you thought you needed. This allow the market to float the price naturally without shitheads like this taking advantage of the situation.
Broc_Lia ago
Like what.
If there's an emergency then how is the shortage "synthetic"? Do you really think this shortage wasn't going to happen without him?
A market free of manipulation would allow him to buy and sell supplies at any price he likes.
So when wallmart buys toilet roll from their supplier they have to sell it at cost? Or is this only a rule that applies to little people?
Nope. If emergency supplies stay at their normal price people will buy them all, just in case, because their families are more important to them than some stranger.
He is floating the price naturally. You're the one proposing price manipulation.
Free market
Central planning
Pick one, you can't have both.
kestrel9 ago
Yup, He absolutely helped create a shortage. Now the market supply chain is fucked because of actions like his by many, many people, all price gouging behavior, creating the shortage, (causing hoarding by other consumers), then saying they're just trying to fulfill a shortage of product, at up to 20x more than regular retail. He sits on almost 18,000 bottles of sanitizer while all the locals at the stores he stripped of inventory go without, putting them at higher risk of getting infection when no one can sanitize surfaces/hands as they were instructed to do.
Broc_Lia ago
That is obviously wrong. He has an ordinary household garage full of supplies, I bet he didn't even buy the equivalent of a single supermarket's stockroom.
In reality what happened was he drove all over the place buying the last few items off the shelf after other people had cleared them out. He didn't create a shortage, he responded to it.
toobaditworks ago
He drove through different states buying up as much as he could to fill a U-Haul truck he rented with the purpose of selling it all to people at a higher cost. He created the shortage by buying up all the products.
Say you're wrong and move on.
Broc_Lia ago
Ok, good for him.
We can see in the article that he has an ordinary suburban garage full of supplies. That's a lot of sanitiser and disinfectant, sure, but not that much. I'd say the average wallmart has more than that in stock on a normal day.
We can assume he's in this for the money, he doesn't just particularly enjoy road trips, so why did he drive all over the country filling up his truck when he could have filled it at the first 1 (max 2) shops then gone home?
The answer is because those shops were almost out of products already. If they weren't he wouldn't have had to drive all over Tenessee and Kentucky just to fill up one U-Haul truck.
So, even if we were living under a rock and didn't see any of the social media posts about ordinary people buying toilet paper like it's black friday, we know for a fact the shortage existed before he started any of this.
toobaditworks ago
You would not be able to fill up a UHaul with 2 shops. He sold a lot of it before Amazon shut him down. This isn't all his supplies. He had more.
It says right in the article:
they cleaned out the shelves
they cleaned out the shelves
they cleaned out the shelves
they cleaned out the shelves
they cleaned out the shelves
What it doesn't say?
they scavenged for leftovers
Broc_Lia ago
His garage looks big, but it has nowhere near the floor/shelf area of a proper retail operation.
The article says it in black and white. He had to go scouring the countryside for supplies because "all the major metro areas were cleaned out."
If they were the ones who caused the panic then who cleaned out the big city supermarkets?
Say you're wrong and move on.
It also doesn't say the shelves were full when they got there. Nice try.
kestrel9 ago
No you're wrong. He went everywhere buying all the inventory across stores where people had not yet panicked. He didn't think those locals would need it and didn't bother to leave them any. Multiple stores, dollar stores, any place he could think of, not places where one store has 17,000 bottles in one storeroom. Nearly 18,000 bottles and from the pics, many are large bottles. Probably enough for a couple people to use 2x a day for a month or more. Or enough to keep on an office countertop where many people could clean their hands. That's a lot of shortage that he himself caused. You didn't look at all the pictures or read the article. Typical of knee jerk responders who make up shit.
Broc_Lia ago
Where does it say that last part? He said the major metro areas were cleaned out, he didn't say that the small places were fully stocked.
He also didn't say how much he did or didn't leave in said shops.
Divided out over the entire population of two states? It's really not that much.
Yes I did.
Pot, meet kettle.
kestrel9 ago
A crushing demand? He was a bit late getting in. Price gouging had been going on for several weeks already, what he called market 'inefficiencies' meaning other vendors had already cleaned out those areas of inventory, otherwise how would he be fixing inefficiencies in places where people are fully stocked?
Broc_Lia ago
Well, there's two scenarios here. Either the rural areas were already experiencing shortages, in which case he didn't cause the panic.
Or they weren't, in which case there genuinely was greater demand in the cities.
I could see genuine arguments for the latter: If an epidemic is going to spread anywhere it's going to be cities.
kestrel9 ago
My theory is the latter, with the added belief that the greater demand was driven in no small part by the lack of normal supply when online vendors were cranking and had been systematically buying up all inventory they could get their hands on. If people were already stocked up, then the remaining demand shouldn't have seemed so dramatic. I bet a lot of people were caught off guard on local shortages regarding hand sanitizers/cleaning products, even though they had followed the story in China.
Broc_Lia ago
The combined population of kentucky and tennessee is 11.2 million. There's going to be around one shop per hundred people, so that's 1.2 million of them. His garage of supplies is a drop in the bucket compared to that kind of inventory. I don't think he's the one driving the problem.
wanderingblade ago
There's a difference between selling at a margin to feed your family and taking advantage of dumbasses who actually think they're in danger
RandomFurryDude ago
Jews cannot see that difference to them. Regardless of the circumstances their logic is "Maximum profits at the expense of all else".
Lokester ago
PT Barnum called it.
HillBoulder ago
Ya at any normal time you're right. But gouging during an emergency ought to be outlawed.
Broc_Lia ago
No it shouldn't. There are many benefits to having high prices during an emergency and many disadvantages to trying to freeze prices by law.
xachariah ago
A benefit of capitalism is that price gouging during an emergency helps allocate scare resources (like Hand Sanitizer) to places that need it most automatically.
Lets put it like this -
If hand sanitizer is going for $80 a bottle in the US, that means hand sanitizer factories will start working overtime producing hand sanitizer, and will reroute shipments from Africa to the US.
If hand sanitizer is price controlled at $8 a bottle and sold out, that means hand sanitizer factories have no reason to produce more or reroute from their normal shipping routes.
kestrel9 ago
You're incorrect in this instance. The person in the story claimed to take from those in remote areas, who, in his opinion, didn't need it (how does he know or why is he the expert to decide who needs something?). Some people like him claim to be selling to people in remote areas, who can't find it in their area (because the inventory was already cleared out by opportunistic sellers).
Time is of the essence in emergency supplies to stop contagious situations from getting out of control. Suppliers don't sit on huge inventories, how do you know how long it takes to make more product? Why should 10,000 people who could of bought something for five dollars (had the local inventory not been raided) have to pay $80 a bottle to the scumbags gougers who caused shortages in their areas? Some elderly people have a hard time meeting prescription drug costs and now you expect them to pay 20x over the normal retail cost of something that would have been available if not for the jerks who cleared out ALL the stock over a period of a few weeks?
They fucked with the market supply chain and now things are screwed for many people as they sit on tens of thousands of bottles stockpiled in their garage.
HillBoulder ago
I see you're reasoning and it makes sense. The problem I have though is manufactured crises, which this one appears to be.
What's to stop these kike conglomerates from creating a crisis tailor made for their brands, which they can now gouge governments and citizens for. It's kike control. People don't seem to agree with me but that's fine.
Broc_Lia ago
So you want this government which is controlled by kike conglomerates to start centrally planning prices during emergencies? Gee what could possibly go wrong.
HillBoulder ago
At the end of the day long term I think we're in deep shit no matter. Fucked if I know if I'm right or not in this matter dude but I don't see a rosy future either way.
kestrel9 ago
I agree with you, it pisses me off that people don't recognize what really happened to the supply chain. The crisis of shortage was created and spiraled into fear, affecting the supply of other products (for example, baby wipes, napkins, bottles of rubbing alcohol etc.)
Slipstream ago
Just in time supply chains for staple items are a modern day Frankenstein.
whipcracker ago
(((Stossel))) ya say. Well I always take my advice from a kike.
Lokester ago
He's the pink pilled polished turd created for based goy gullets.
ShutItDownGoyim ago
Huh never knew he was Jewish. It seems like every day there's a new person that i learn is Jewish.
Slipstream ago
Katie Couric? Yep. Blew me away.
whipcracker ago
https://en.wikipedia.org/wiki/John_Stossel
John F. Stossel was born on March 6, 1947,[6] in Chicago Heights, Illinois, the younger of two sons,[7] to Jewish parents who left Germany before Hitler rose to power
oar ago
ITS WORSE!!!
Not only can he not sell or buy them, Democrats states made it ILLEGAL to sell it in stores at the exact same price you bought t for no profit! You HAVE to sell Hand Sanitizers at a LOSS, so that the government can grab it all.
Democrate State Attorney General of Michigan put a price cap of 10% higher than 6 MONTH AVERAGE prior price, pre-inflation pre-shipping increase pre-supply-fight.
This means, like venezeula, with socialist "democrat" price controls, many states like michigan, with democrat appointed attorney generals, WILL HAVE NOT ONE SINGLE BOTTLE OF HAND SANITIZER! It will all be diverted and sold to Ohio border stores.
Michigan bills aim to stop price gouging during emergencies like coronavirus:
https://www.mlive.com/public-interest/2020/03/michigan-bills-aim-to-stop-price-gouging-during-emergencies-like-coronavirus.html
Because of socialists, who do not know anything about supply and demand markets, there shall NEVER EVER be any more hand sanitizer ever again shipped to michigan and the democrats in michigan will end up killing millions of people.
SOCIALISM KILLS!
thanks, women voters!
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StrangeThingsAfoot ago
Isn't that exactly what led to the state Venuzeula is in?
Broc_Lia ago
Yep.
oar ago
Yup. Price controls to prevent "gouging", did create venezuela death spiral.
GoyimNose ago
what the fuck boomer post even is this lol
canbot ago
I don't like price controls but I hate crisis vultures more. Price controls during crisis are ok with me. Market forces are no longer effective.
Broc_Lia ago
How are they ineffective?
oar ago
Bwah hah hah hah !
THAT is why NOT ONE GALLON OF GASOLINE in the state with tropical storm Sandy because of people like you who never took a class in "BASIC ECONOMICS"!
High prices draw scarce resources to where they are needed most, from all over to area needing the goods!
Price controls means NO GOODS at all ever in regions stupid enough to elect democrats.
WATCH THIS and learn!!!
Stossel- “Price Gouging” :
https://vimeo.com/199329520
John Stossel - Is Price Gouging Bad?:
https://www.invideio.us/watch?v=Yr5_049654Q
https://www.youtube.com/watch?v=Yr5_049654Q
Please Educate yourself , and watch those videos, or NO MORE GOODS in your area from socialist price controls!
canbot ago
ok fine, you win.
kestrel9 ago
He didn't win, he's arguing a different case, where the supply chain is compromised and vendors step in to help, not when vendors fuck up the supply chain themselves so they can gouge cash out of desperate people who are in fear of spreading or catching an very contagious virus during an impending epidemic.
^^this is spot on in the case of emergency supplies, pandemic. Maybe a case can be made for free market ticket scalping at popular concerts but not this.
u_r_wat_u_eat ago
except the entire crisis is manufactured and not a real crisis at all
canbot ago
It is real when everyone is panicking and it is the panic that is the crisis. It doesn't matter what the kill rate is, what matters is the effects of the quarantines.
oar ago
Regardless, price controls destroy goods availability.
Stossel- “Price Gouging” :
https://vimeo.com/199329520
Outstretched_Bill ago
Just when I think I’ve seen all the idiots, people like you prove me wrong. Well done.
Caliope ago
Its good that (((he))) has been fully doxxed. Wondering, for a friend, what will come next for him and his?
The_Venerable ago
Piece of shit