Earlier quoted context omitted.
what idiom should I use Others are replying, but I don't know that there's any idiom needed. Raising the price to whatever people willingly pay is just being a merchant. Is this the market-economics version of political correctness? I don't think it is. Political correctness applies when people feel they can't plainly say something that's true. In this case, using "price gouging" adds nothing to the statement that pr…
using "price gouging" adds nothing to the statement that prices are high except a sense of outrage Of course it does. It says: 1. the subject is a retail product with a standard price , as opposed to a market product where the price is determined by bids and asks. 2. the price is temporarily higher than the standard price due to some sort of unforeseen disruption . 3. the price will return to the standard price when…
So by using the term, you've added confusion, including the need for your extra verbiage, to the effect of "...not that there's anything wrong with it!"
(I also think you're giving way too much weight to MSRP. Actual prices to the consumer always vary, even without a bid/ask 'market'. The MSRP -- as a coordination mechanism among producers and retailers used to loosely enforce pricing discipline -- is arguably a more-unfair practice than this market-clearing 'gouging'. So you're using a mildly-disapproving term, 'gouging', for the praiseworthy practice of maintaining a sellable inventory, and an mildly-approving term, 'standard', for a potentially-unfair collusive practice. The connotations of your chosen language are backwards!)