Quote Originally Posted by Psycho4Bud
I can see you have spent many years working for distribution. I worked for a multi-million dollar industrial distributor and even though we would have 2 million worth of a certain product on shelf, when we recieved notice of a price hike, it was AUTOMATICALLY adjusted to current stock. Paid for at the lower cost.
Same thing at your local grocery store. When they recieve a hike on their cookies do ya think that they sell shelf and stored items at the old cost and just mark up on the bags that come in?
This is a catastrophic event that had immediate effects!
I'm sorry that is price gouging not supply and demand, may I suggest an email to your closest university economics dept. I didnt say nobody but Oil does it......I've worked in distribution as well for Canadian Tire (a retail outlet) and they do it too , doesnt make it supply and demand, email that dept man . And it STILL does not ever occur within 30 minutes.....Although im sure in your "personal" experience it did.......