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Replying to @BarbarianCap
Staggering incompetence from our government. Should do what Taiwan did: 1. Pay factories to expand mask production 2. Buy out all production at agreed mask 3. Distribute with limit per customer
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Replying to @Molson_Hart @BarbarianCap
How about just decriminalize prices freely floating up to the market clearing price. A mask for everyone who wants one, just costs more. Ample new supply at due speed will flood into market commensurate to price signal and profit opportunity. No government intervention needed.
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Replying to @johnclensis @BarbarianCap
I don't think there's a quick and easy answer to your question. First, it's worth noting that other countries have implemented export bans on masks, so we're left with domestic manufacturers. It's not free market, but we probably need to export ban ourselves, especially if we,
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don't free float prices and other countries do. People may hoard. It's unclear how fast domestic manufacturers could get funding to expand production. I don't like government stepping in either, but it makes me sense to me here, assuming government competence (big if).
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