Let’s talk about government price controls

[shiv]

What does this mean from an economical, political and philosophical perspective. Seems to be no bueno

I’m a technical guy and struggle with these policy type concepts. I like to read everyone’s opinions

 

[ChicagoFats]

Price controls don't fix the problem they just shift the problem to another place.

 

[MVTPatriot]

If you quit fucking with the supply side, this isn't even a talking point.

Let the natural supply/demand for products work organically without government interference.

 

[AgEngDawg]

Rearranging deck chairs on the Titanic.

 

[BurntJ]

Rearranging deck chairs on the Titanic.

This is literally game of 3 card Monty.

Just trying to shift the blame.

 

[American Deplorable]

They could just remove the taxes on fuel to bring down the price…

 

[Sikness23245]

A way to implement soft socialism. Government controls the market but gets to blame the companies when the legislation fails to improve conditions. If they actually thought the legislation would help, they would be specific about what constitutes gouging instead of using generic terms like "unconscionably excessive" and "increase prices unreasonably."

 

[laterallyshaking]

The government having more control over basically anything is a no from me, dawg. All of their swords have two edges.

 

[Zgdaf]

Dumbasses tried this in the 70s, didn’t work.
Inflation is purely a monetary policy issue. Powell is so far in over his head, there’s no recovering. Him or his successors will eventually have to pull a Volcker and jack interest rates to 20 percent or higher.

Btw on a slightly alt adjacent topics, I am starting to think the 4 turnings theory is correct.. we’re definitely in a 4th turning with the whole world in sync.

 

[skramer100]

This is exactly what they want. Create a problem that only they can fix, never fix it just threaten that the other side will take away more of what you have and win elections. Its all politicians.