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Outrageous hay prices
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<blockquote data-quote="djinwa" data-source="post: 858742" data-attributes="member: 8265"><p>I might PM you with my address. I'm having sme misfortune and I could use a check from you.</p><p></p><p>I'm not sure how people get through the education system without learning about the free market. Perhaps because government runs education and wants everyone to be treated fairly and so distributes wealth so there is no misfortune. At least until the whole system goes bankrupt.</p><p></p><p>How do we know when to give someone a break because of some misfortune? There are businesses going under all the time because of misfortune or changes in the market, or poor management, etc. Should we prop them all up?</p><p></p><p>If the people with misfortune are able to pay what you consider extreme prices, then they can't be hurting too bad. In fact, they might be glad to pay someone enough to make them interested in helping them. In a free market, the way you can tell if the prices are too high is NOBODY WILL BUY! When we haul cattle to the sale, we try to get the highest price possible until nobody is willing to pay any more. We don't take less because of all the poor people who can't afford beef because of misfortune.</p><p></p><p>The alternative to this method is to have a government committee determining a fair price for everything. Problem is that reduces incentive to produce, and we all end up with less. This was all tried in the Soviet Union and elsewhere and didn't turn out too well.</p><p></p><p>Sure, if a guy wants to give charity, fine. But then people become dependent on it and don't prepare for the next calamity. Build a house on the beach and FEMA or your neighbor will bail you out.</p></blockquote><p></p>
[QUOTE="djinwa, post: 858742, member: 8265"] I might PM you with my address. I'm having sme misfortune and I could use a check from you. I'm not sure how people get through the education system without learning about the free market. Perhaps because government runs education and wants everyone to be treated fairly and so distributes wealth so there is no misfortune. At least until the whole system goes bankrupt. How do we know when to give someone a break because of some misfortune? There are businesses going under all the time because of misfortune or changes in the market, or poor management, etc. Should we prop them all up? If the people with misfortune are able to pay what you consider extreme prices, then they can't be hurting too bad. In fact, they might be glad to pay someone enough to make them interested in helping them. In a free market, the way you can tell if the prices are too high is NOBODY WILL BUY! When we haul cattle to the sale, we try to get the highest price possible until nobody is willing to pay any more. We don't take less because of all the poor people who can't afford beef because of misfortune. The alternative to this method is to have a government committee determining a fair price for everything. Problem is that reduces incentive to produce, and we all end up with less. This was all tried in the Soviet Union and elsewhere and didn't turn out too well. Sure, if a guy wants to give charity, fine. But then people become dependent on it and don't prepare for the next calamity. Build a house on the beach and FEMA or your neighbor will bail you out. [/QUOTE]
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