theguardian: “We have a powerful weapon to fight inflation: price controls.”
https://ift.tt/3zbZR2P
[https://www.theguardian.com/business/commentisfree/2021/dec/29/inflation-price-controls-time-we-use-it](https://www.theguardian.com/business/commentisfree/2021/dec/29/inflation-price-controls-time-we-use-it)
I think mass media has gone nuts suggesting price controls. If you had lived in a country where inflation hits high, then you know price controls only creates MORE scarcity. This is because producers are forced to sell at a loss and then decide to give up business.
I wonder if we will see a stronger push for price controls in the left media in the upcoming months.
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