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high prices in wts section

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respectfully, I have forgotten more than you can google on this. I spent a career on wall street as a successful bond trader, have been on tv discussing this in a market capacity, and teach this in graduate school for a top program donating the earnings to a charitable endeavor (animal shelter). I am fully cognizant of supply and demand and the drivers, price points, theories, and externalities that affect such behavior.

 

As stated, there is a difference between gouging and taking profits during panic times.

 

Gouging can only happen if the item is an essential good (even I disagree with the term). None of the items in the NJGF marketplace are technically 'essential'.

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kings....

 

I live with my grandparents...haha

 

devs....agree that nothing there is technically essential but price manipulation when supply is little to none does not have to be essential items. To 'gouge' in price, one merely needs to have a market where supply is very limited, eager or need based buyers, and some externality that forces those buyers to preclude rational purchasing behavior for the sake of having said supply.

 

go pens!

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I'm cool being the outlier here, I just prefer not to try and overcharge people I interact with on a frequent basis.

 

If I were gonna be a douche, I'd sell the 2k pmc 62gr xtac I don't really need or want in the closet for 3x what I paid for it. Instead, I'll opt to trade or bargain for things people and I need that are in a reasonable manner.

 

 

Vendors pay a much higher amount to sell on the forum. These people appear with the intention of only offloading merchandise. This is a community of shooters, not craigslist or Gunbroker.

 

I wasn't referring to FFL's trying to run a business here just ordinary folks selling their own firearms. For me, the more the merrier.

 

 

respectfully, I have forgotten more than you can google on this. I spent a career on wall street as a successful bond trader, have been on tv discussing this in a market capacity, and teach this in graduate school for a top program donating the earnings to a charitable endeavor (animal shelter). I am fully cognizant of supply and demand and the drivers, price points, theories, and externalities that affect such behavior.

 

As stated, there is a difference between gouging and taking profits during panic times.

funny, I know many "successful bond trader's" and they know nothing about the general markets. They know their sector and that's it!

I suspect many on this board wold call sellers of aapl @ $700 gougers! Sellers of houses @ the top of the market gougers! Sellers of tech stocks during the bubble gougers! It's nonsense! In a free market you sell things for what they are worth! For the record I know many bond traders who would haircut retail and screw the brokers. Guess they are gougers too.

Dude, you totally made all this shit up.

 

Admit it...you live at home with your parents...in their basement.

 

Respectfully....

 

Don't hate on basement dwellers! I'm there now... in my mom's basement...

 

I have to admit, I've seen some prices that seem a bit high here, but I guess we can't pass judgement, if a person can get $X over what the normal price would be, why wouldn't they?

 

If you really object to high prices here, don't complain about it. Instead, contact your representatives and tell them to oppose any anti-gun legislation, show up to the rallies, and DO SOMETHING about it.

 

Because if the high prices piss you off, work to eliminate the cause of the problem- panic buying. If the anti-gun bills in NJ, and the Federal ones are defeated, panic buying will drop off, and prices will come down.

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