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re: Biden to form ‘strike force’ to go after price-gouging

Posted on 3/5/24 at 10:57 am to
Posted by BigJim
Baton Rouge
Member since Jan 2010
14497 posts
Posted on 3/5/24 at 10:57 am to
Maybe he could bring in some experts from Venezuela?
Posted by BayouBengal51
Forest Hill, Louisiana
Member since Nov 2006
6547 posts
Posted on 3/5/24 at 11:31 am to
quote:

Diocletian did the same centuries ago.


History is cyclical. One of the driving forces of his Edict on price controls was that previous rulers/administrations had spent decades devaluing the currency... Sound familiar?

However, unlike Diocletian, I doubt they consider splitting up the country into 4 quadrants that self administrate.
Posted by BlueFalcon
Aberdeen Scotland
Member since Dec 2011
2333 posts
Posted on 3/5/24 at 11:35 am to
quote:

Biden to form ‘strike force’ to go after price-gouging


Good

I can't wait for them to tell everyone what we should be charging and paying in this free market economy
Posted by Zach
Gizmonic Institute
Member since May 2005
112495 posts
Posted on 3/5/24 at 11:53 am to
I don't go to fast food joints but I've read about them increasing prices during peak business hours. Has anyone here encountered that IRL? How much was the increase?
Posted by BlueFalcon
Aberdeen Scotland
Member since Dec 2011
2333 posts
Posted on 3/5/24 at 12:03 pm to
quote:

Biden to form ‘strike force’ to go after price-gouging


Something tells me inflation is about to get worse

I'm obviously an economic genius and psychic to come up with this so you're welcome
Posted by deltaland
Member since Mar 2011
90653 posts
Posted on 3/5/24 at 12:22 pm to
quote:

President Biden will announce the formation of a “strike force” Tuesday to hold companies accountable for price-gouging practices.


Wendy’s


Posted by BobBoucher
Member since Jan 2008
16744 posts
Posted on 3/5/24 at 12:40 pm to
This is an election-year tactic to deflect criticism of inflation and place blame on capitalism.
Posted by teke184
Zachary, LA
Member since Jan 2007
95749 posts
Posted on 3/5/24 at 12:42 pm to
quote:

This is an election-year tactic to deflect criticism of inflation and place blame on capitalism.


Three plus years of horrendous inflation isn’t going to be explained off in an eighth month period of bullshitting, even to the dumb people who support the Dems.
Posted by OU Guy
Member since Feb 2022
8269 posts
Posted on 3/5/24 at 12:45 pm to
cattle futures matching gold futures at lifetime highs

insane govt spending policies is killing us

Bitcoin , gold , cattle ......

all reflects destruction of USD via inflation

no way we have rate cuts coming

Posted by teke184
Zachary, LA
Member since Jan 2007
95749 posts
Posted on 3/5/24 at 12:46 pm to
All we are missing is the Hunt family trying to corner the market on silver.
Posted by lsutiger90
Cottage Grove, Houston, TX
Member since May 2004
1014 posts
Posted on 3/5/24 at 12:47 pm to
quote:

Three plus years of horrendous inflation isn’t going to be explained off in an eighth month period of bullshitting, even to the dumb people who support the Dems.


I think you underestimate the stupidity of the stupid!
Posted by GBPackTigers
Louisiana
Member since Sep 2009
1077 posts
Posted on 3/5/24 at 12:50 pm to
Create a problem and pretend to do something to fix it. The government way
Posted by Macfly
BR & DS
Member since Jan 2016
8085 posts
Posted on 3/5/24 at 1:10 pm to
This gives the Dems another opportunity to target whomever they choose to drive out of business. It's obvious that it won't be an across-the-board evaluation.
Posted by Auburn1968
NYC
Member since Mar 2019
19535 posts
Posted on 3/5/24 at 1:13 pm to
This will be just another place Biden and comrades will weaponize government against his opposition.
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