> Don't believe me? Check out gas rationing in the US in WW2.
Need to read up on that. I'd assume you'd get your allotment in form of a token, which you could trade for something else if you didn't need it. While this wouldn't solve the problem of the price gougers, it would at least ensure a baseline minimum for everyone.
> Speculators don't profit if they don't make it available.
Speculators profit best when they make it available at the point when they can command the highest price, not at the point where it could do most good to mitigate the crisis that's driving the prices up.
> I'd assume you'd get your allotment in form of a token, which you could trade for something else if you didn't need it.
Black market gasoline was illegal, but of course that didn't stop a black market from happening, and at much higher prices than the market price would have been.
> Speculators profit best when they make it available at the point when they can command the highest price, not at the point where it could do most good to mitigate the crisis that's driving the prices up.
Need to read up on that. I'd assume you'd get your allotment in form of a token, which you could trade for something else if you didn't need it. While this wouldn't solve the problem of the price gougers, it would at least ensure a baseline minimum for everyone.
> Speculators don't profit if they don't make it available.
Speculators profit best when they make it available at the point when they can command the highest price, not at the point where it could do most good to mitigate the crisis that's driving the prices up.