walker on Nostr: Good morning. Price controls never work. You need to be incredibly stupid, ignorant, ...
Good morning.
Price controls never work. You need to be incredibly stupid, ignorant, or evil to propose price controls. Price controls lead to shortages that work their way through the entire supply chain.
If you are confused about WHY price controls don’t work, study Mises on Titcoin (npub10qr…xqj8)
https://youtube.com/playlist?list=PLQVlIVuMPXLY08XgLUdnknB4B28WLmG-z&;
Specifically, this lecture on INTERVENTIONISM is very helpful:
https://fountain.fm/episode/SbsXQ9fCMHLVti4y6ark
Price controls never work. You need to be incredibly stupid, ignorant, or evil to propose price controls. Price controls lead to shortages that work their way through the entire supply chain.
If you are confused about WHY price controls don’t work, study Mises on Titcoin (npub10qr…xqj8)
https://youtube.com/playlist?list=PLQVlIVuMPXLY08XgLUdnknB4B28WLmG-z&;
Specifically, this lecture on INTERVENTIONISM is very helpful:
https://fountain.fm/episode/SbsXQ9fCMHLVti4y6ark