
Episode 162: The Law of Demanding More Supplies
Words & Numbers
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The Anti-Price Gouging Laws
With the hand sanitizer toilet paper, we can get more to where it's needed. All you have to do is create an incentive for entrepreneurs to figure out how to make that happen. And allowing the price to rise gives them that incentive in spades. If that 12 pack of toilet paper costs $500, I'm going to take the next couple of days of my life hunting down as many of those as I can find and posting them for sale everywhere I can.
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