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The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it"

 
dr0id
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User ID: 80415817
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05/24/2022 04:07 AM
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The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it"

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dr0id  (OP)

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05/24/2022 04:07 AM
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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
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Anonymous Coward
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05/24/2022 04:18 AM
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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
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Canada
05/24/2022 06:56 AM
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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
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05/24/2022 06:57 AM
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Re: The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it"
BETTER YET, DECLARE ALL GOODS AND SERVICES BASIC HUMAN RIGHTS AND FORCE PEOPLE TO PROVIDE THEM TO ANYONE FOR FREE.
Anonymous Coward
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Canada
05/24/2022 07:21 AM
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Re: The Guardian: "We have a powerful weapon to fight inflation: price controls. It’s time we use it"


What do you expect when people need to feed their families.

The irony is that a lot of those people wanted the lockdowns and mandates (which is what really caused this).





GLP