The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it" | |
dr0id (OP) User ID: 80415817 United States 05/24/2022 04:07 AM Report Abusive Post Report Copyright Violation | Re: The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it" Thread: PSA: Many People, Even on GLP, Are Going to Start Strongly Demanding More Spending and More Laws to Address the Collapse Caused by More Spending Articles posted do not necessarily reflect endorsement. |
Anonymous Coward User ID: 83383846 United Kingdom 05/24/2022 04:18 AM Report Abusive Post Report Copyright Violation | Re: The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it" Price controls lead to shortages because everybody has an abundance of currency but the price of certain items is relatively low meaning people can buy many more, so likely we will have a combination of shortages and rationing (we already have rationing - limited items etc..). If you can, get out of fiat and into hard assets. |
Anonymous Coward User ID: 77543869 Canada 05/24/2022 06:56 AM Report Abusive Post Report Copyright Violation | Re: The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it" Price controls lead to shortages because everybody has an abundance of currency but the price of certain items is relatively low meaning people can buy many more, so likely we will have a combination of shortages and rationing (we already have rationing - limited items etc..). If you can, get out of fiat and into hard assets. Quoting: Anonymous Coward 83383846 First get yourself some armor, ammo and arms. |
Anonymous Coward User ID: 81953666 United States 05/24/2022 06:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79780865 Canada 05/24/2022 07:21 AM Report Abusive Post Report Copyright Violation | |