Quote (Santara @ Mar 19 2020 12:20pm)
Me on FB this morning:
There's already an incentive for the producer to provide more of it, that's why it was there in the first place.
If you tell a producer "I'll buy 50 at price X" and they only have 5, there's already an incentive to produce more, because you have more demand.
The idea that producers need incentive to produce more hand sanitizer, etc. etc. is ridiculous. It's a matter of how much can be produced, not a matter of their willingness to produce it.
The better argument is that price hikes decrease demand, and therefore stabilize supply. Still, that can be accomplished with limitations on how many people can buy at a time. My wal-mart did still have some toilet paper on the shelf a few days ago and they were refusing to sell more than one pack to a person at once.