More Economic Ignorance

Apparently, they haven’t read my TechCentralStation piece. Here come the dumb stories about “price gouging”:

“They are gouging me–$1,600 for a $700 generator,” complained Aventura resident Jorge Linkewer, who bought the device despite the price. “My kids have medication that needs to be refrigerated.”

Apparently he’d rather have no generator for his kids’ medication at $700, than an actual one for $1600. Because that would have been a likely outcome had the price not increased, to discourage someone from buying one who just wanted to run his big-screen television.