>>1331016I'll stop shitposting for a second and be real.
Price gouging in the law is defined as being "unreasonably excessive". There is no set value for what that means in US legal code, so it's usually left at the discretion of the state.
The state doesn't actually know how to run businesses or set competitive prices on a micro scale, though. They can't react quickly enough to market forces or act in such a way which competently protects the businesses they are regulating. So when they try to artificially control market prices through legislation, they end up fucking shit up even worse than it was previously, destroying businesses and making the supply of goods and services even worse.
Price controls have failed literally every single time they have been tried, going all the way back to the Roman empire. They create famines and mass societal unrest because they destroy the economy. S
What Harris calls "price gouging" is literally just ordinary people feeling the after-shocks of COVID killing small businesses and the US gov. printing a surplus of FIAT currency. High money volume in circulation + low amount of goods and services = inflation. But she knows less about the economy than you do, so she's retarded enough to think she can wave a magic wand to fix shit. Which is why she is literally the last kind of person you want fixing prices.
