Face Masks For Corona Virus [Bulk Order]

Kommando said:

He is essentially placing a bet on whether this becomes serious or not.
If it does become serious, he will sell masks to those who are willing to pay more (maybe because they need it more, who knows?) thus ensuring a more fair distribution. It ensures that masks are available at all times for the serious buyers, otherwise there would be no incentive for the manufacturers to increase production and likely, the cheaper masks would be bought by people who might not use them.

If it turns out to be serious he is rewarded with money and those who bought the more expensive masks are rewarded with ... well, the masks they were able to buy because of him. If this is not serious, the mask supply will be restored and he will have to sell his stock with a loss.

That's free market.

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Deleted member 15724 said:

It's one thing if OP had products on-hand, or had relationships to people who had stock, and decided to make a business move. I don't see anything wrong with that. It's business. You're correct, if there's a shortage of masks right now, and people are already to buy it, you should get paid for your services.

It's another thing to be so thirsty for an opportunity to make a quick buck off sick (dying) people, that OP would hop on to BHW to ask because he's that desperate to cash in.

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Kommando said:

I understand where you're coming from, he might not be doing this for a noble cause, however even if his actions are purely profit driven, they are somewhat important to the market.

1. The speculator creates a demand before the actual users of the product do it, thus ensuring that there is an incentive for the manufacturer to increase the speed of production earlier, if it's possible. Speculator takes the risk that the situation might not be serious and the masks will not be in demand. If not for the speculator, the manufacturer would have to take this risk and there is chance that they wouldn't, so the rate of production would be increased too late.

2. By buying up masks right now, the speculator makes it so that those who want to get a mask have to spend more money. We can assume that those who need the masks more are willing to pay more, with individual exceptions of course. For example a person living in a dangerous area, will consider $20 an acceptable price for a mask, however a person who lives far from dangerous areas would consider spending $5 but $20 is just too much (maybe until the disease reaches his area).

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Kommando said:

People have no morals?
You do realize that there is a global shortage of masks and people still want and need them, right? They are ready to pay more money because they see this as a serious threat but there is a lack of supply so the prices keep rising.

Why would it be "wrong" to sell masks for the market price?
The "wrong" thing to do would be to have masks but not to use or sell them. Now that's "wrong". Instead of using it to protect yourself or selling it to people who want/need it you are just sitting on unused masks.

Not everyone was quick enough to buy masks for himself, however there is still opportunity and it's there because of people selling them for higher prices. That's how market works.

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