NY Governor Andrew Cuomo said, in his press briefing today, that suppliers of masks for health care providers are gouging the price. A couple days ago Cuomo said New York was being charged $4 for a mask they had previously paid 80 cents for, and today he said the price has gone up to 7 dollars per mask as the demand has increased and the supply of available masks has dwindled. That is a rise of 175% in price in 2 days. This is capitalism at work. Some mask company will get "rich" overcharging for hospital masks which are needed to presumably save lives.
This is exactly why the federal government should be buying the masks and setting a fair price for the masks. 175% jump in price is not fair, and if you go back to the 80 cent price Cuomo say the state paid for these masks before the virus, the price has been gouged to the tune of 900% or so.