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Consider this. Profiteers regulate the supply of scarce resources. If the price of gas is high enough geezers and recreational users wont buy it, and more gas is then available for business and workers. Ditto for motel rooms; if the price is high enough families will make do with one room instead of two. AND! if the price of scarce resources is high enough suppliers will flock to where the need is the greatest. Was it RICHARD IV who exclaimed "A horse! A horse! My kingdom for a horse!" ? |