Price controls don't fix inflation

in economy •  2 years ago 

I wanted to share a great video about how price controls don't fix inflation.

In particular I believe the rush of govts to subsidise household energy to be misguided. If people don't realise energy is scarce, because the price signal has been removed, they waste it. Meanwhile govts are racking up debt to pay for subsidies.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  2 years ago  ·  

Politicians find this a difficult argument to make to voters though.