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I am considering investing in certain emergency-related devices and consumables. I intend to sell at a 1000%+ profit, at a future date. The profit will reflect inflation, opportunity and carrying costs. Q: should I stock these supplies or will I be barred from making a profit?

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Arthur B.

@ArthurB

Apr 24, 2020

I contemplated buying up a large stockpile of masks after H1N1 and decided against it for that reason.

Jesse Powell

@jespow

Replying to

@ArthurB

It does seem risky. Problem is, if there is no profit motive to stockpile, individuals and businesses won't stockpile. Which means, it's up to the government to stockpile and if they don't, we're screwed. If everyone could profit from stockpiling, we'd all be prepared. catch-22.

8:21 PM · Apr 24, 2020Twitter Web App

Replying to

and

This is such a bad take. Educated people rationally stock pile for disasters like earthquakes and tornados. Irrational people don’t. Maybe focus on teaching by example on how to build a rational stockpile for yourself and teaching that greed is bad.

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JarrodWoodard.tez

@j84woodard

Apr 24, 2020

...it's more like we need to shift from the "economically ignorant society" model.

Replying to

and

Stockpiling may be deemed illegal under certain circumstances.

Replying to

and

Meybe for this or that subject the economic reasons shouldn't be the main parameter to guide preparadness. Finland has some stock of many many essential items (masks included) and, while their weren't enough for the need of a whole country it certainly was better than none