Thursday, 15 August 2024

Price controls only work when they are applied to the entire supply chain

 Apropos the plan of Kamala Harris to impose price controls on producers, such controls will bank rupt businesses unless the controls are also applied to their entire supply chain to ensure producers still can make a profit.

https://www.zerohedge.com/economics/vp-harris-first-economic-plan-proposes-federal-price-controls-combat-inflation

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