[MD] Are we the people stupid?

[craigerb at comcast.net]

If you're nice you sell it for $4/gal.  If you want to be mean, you can sell it for $3.95/gal.
Craig 

-------------- Original message -------------- 
From: khaled Alkotob <khaledsa at juno.com> 

> That's not what I meant. 
> 
> Years back in a small town i heard a person talking with the beer 
> delivery in front of a new store. the question was if they are selling 
> more beers that there is a new store in town. The answer was no. Newer 
> stores make it more convenient but no more beer will be sold. 
> 
> No one is saying that profit is not good. No one is saying that 
> capitalism is not good. My complaint was about the government subsidies, 
> welfare and interventions that create super monopolies. Yes the market is 
> based on supply and demand, and there are laws against price fixing. 
> 
> Lets say you own a gas station, a delivery was made a few days back and 
> you have your price set for $3 a gallon. 
> the station across the street gets a fresh deliver, prices are higher and 
> he has to sell it for $4 a gallon. 
> Do you raise your prices. ??????????????? 
> By the way when you get your next delivery, it has to go to $4 a gallon 
> to maintain the same profit margin as you have done before. 
> 
> 
> >> [Khaled] 
> > >Unfortunately every self interest we have seen has been a the expense 
> of 
> > >your interest and mine. It's a zero net gain. 
> 
> 
> [ Craig ] 
> > Not true. Suppose you're a farmer with 2 bushels of potatoes & my 
> > cow produces 2 calves. We both prefer eating meat & potatoes, to 
> > eating just meat or just potatoes. We exchange a bushel of potatoes 
> > for a calf. We both profit. 
> > OR 
> > I am a carpenter & buy 8 planks from the lumber store. I fasten 4 
> > planks together as a table top & cross 2 planks at each end for 
> > legs, making a picnic table. Shouldn't I sell the picnic table for 
> > more than I paid for the planks & thereby produce a profit? 
> 
> 
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