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/biz/ - Business & Finance


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51416234 No.51416234 [Reply] [Original]

They want you talking about rising prices. They don't want you talking about the solution to end rising prices.

>> No.51416290
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51416290

>>51416234
>in bread line
>urbans playing their music without headphones

>> No.51416302 [DELETED] 

Join @accountabilityteam telegram group and ill show you how

>> No.51416582

>>51416234
How to create shortages in one easy step.

>> No.51417107
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51417107

Price controls, outside of a very few niche cases*, cause shortages, rationing, and black markets. This was true in the days of Ancient Rome, 1970s America, or Venezuela just a few years ago.

*The one exception I can think of is that several countries price fix medicines, and do not have shortages. This is because the marginal cost of producing more of said medicine is really low, so selling it is still profitable, companies can be threatened with making the product generic if they do not comply with price controls, and there is a very large market (USA) paying the R&D costs for new medicines. This sort of thing does not apply to staple foods or bulk fuel.

>> No.51418068

>>51416582
The same baseless claim made every single time. Capitalists really hate it when people are put above profits.

>> No.51418167

>>51418068
you can verify his claims with ONE (1) google search. i'll save you the effort, he is correct and you are a faggot pls go back to history class

>> No.51418250

>>51418068
>90% price ceiling ends with a shortage crisis
>other 10% does fucking nothing to improve people's life
>they still push for this meme again
This is why socialists sucks at managing the economy.