Quote:
Originally Posted by Snaqwells
I have to ask, how is it gouging to sell something for what the market will bear? Is it gouging to sell my used car to a college kid for $1000, assuming that's what the market value is?
How do you define gouging?
|
Quote:
Originally Posted by Ump153
In colloquial usage, it means simply that the speaker thinks the price too high, and it often degenerates into a term of demagoguery. Non-pejorative uses are generally in reaction to what the writer believes is an unjustified restraint on the market.[/I]
|
If someone says they're being grilled, it doesn't mean they are actually on a grill being cooked, but everyone who hears the term knows what is meant by it.
When too high a price is charged for something, and someone like me calls it gouging, even though the particular offense is not in keeping with the kind of activity that is commonly associated with its literal translation, it is still fairly easily determined what is being described. I also define it as gouging specifically due to its being done umpire-to-umpire.
I also attest that the what-the-market-will-bear approach to draining people of every drop you can has had rather devastating results. Look around. It does not work.