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British News Outlet Suggests Using ‘Price Controls’ To Fight Inflation

 
dr0id

User ID: 80274693
United States
12/31/2021 10:33 AM

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British News Outlet Suggests Using ‘Price Controls’ To Fight Inflation

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dr0id  (OP)

User ID: 80274693
United States
12/31/2021 10:34 AM

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Re: British News Outlet Suggests Using ‘Price Controls’ To Fight Inflation
"Lenin was certainly right. There is no subtler, no surer
means of overturning the existing basis of society than to
debauch the currency
. The process engages all the hidden
forces of economic law on the side of destruction, and
does it in a manner which not one man in a million is able
to diagnose
."
~John Maynard Keynes, 1919
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Gas Gas Gas Inflation Meme

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Mr Jenzie
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United Kingdom
12/31/2021 10:42 AM
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Re: British News Outlet Suggests Using ‘Price Controls’ To Fight Inflation
TWO YEARS too fucking late idiots
since we WERE in an "emergency"
Anonymous Coward
User ID: 80477651
Canada
12/31/2021 11:49 AM
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Re: British News Outlet Suggests Using ‘Price Controls’ To Fight Inflation


Hahaha, Canada tried the same thing in the mid-1970s when inflation was in the double digits. It didn't work because there were no real enforcement mechanisms (the government would have needed an army of auditors and enforcers to do it anyway).





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