Tuesday, March 17, 2020

Toilet paper

Our toilet paper is running low. Unfortunately, the Covid-19 crisis brought panic buying with it. Now it is very hard to find toilet papers in stores. And I heard there are excess demands for other goods too: hand sanitizers, pasta, rice, flour, and maybe more soon.

There are signs on store shelves saying that each customer can only buy once package of toilet rolls (each pax has four rolls). No doubt such sign will extend to the other essentials.

As usual, there are opoositions to price gouging. Just go check your face social media. Chances are, you would come across people condemning shops that increase their prices amidst thsi crisis era.

Didn't history tell us: the best rationing system is price?

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