re: CNN floating the idea of price controls

These people fricking fail economics forever.

Give people too much money, prices go up.

Put price controls out there, you get shortages unless you start limiting quantities that can be purchased.

Start limiting quantities and people will buy shite they don’t need because they don’t know if they can get it when they DO need it.

See Carter, Jimmy, and energy policy.

If you truly want revolution do this. Shortages lead to rumbling bellies. Rumbling bellies are bad for politics...real bad.

Maybe they should consider controlling the market on those overpriced hosts they have as they don’t provide useful commentaries , content is void of fact and the end users are I’ll informed overall

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big coperations are raking in record profits and the american consumer is paying for it. Inflation is out of control and they are using that as an excuse to raise the price of almost all goods. Shouldnt this inflation affect their bottom line also? CNN sucks arse but just blaming rising prices on inflation and not massive profit taking is bullshite.

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These corporations have investors. Investors are people like you and me. People invest in companies for many things, most often, for retirement.

When inflation happens, the cost of doing business rises for these corporations. They are “for profit” businesses that are owned by many stockholders from many backgrounds.

If they do not show good ratios and keep good margins, investors may panic and sell their stock. As investors sell their stock, the price of the stock drops. When the price of the stock drops, the company is worth less to other potential investors.

If their competition is a better investment, investors will support them instead, further damaging their company.

To combat this, they raise their sales prices and pass it to the consumer, knowing most consumers cannot go without many of their goods. All of this to satisfy their investors.


Investors are usually us.


Price controls do not work



Try to get an apartment in Sweden. In some places they may have to wait ten years due to price control ceilings.

There aren’t enough apartments to satisfy demand due to the low prices.

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Price controls would buy time to deal with bottlenecks

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how exactly? It will only empty the shelves faster. How stupid are these people?

so the producer index goes into the cost of the producers goods, got it. its up 24.4% in one year. now lets break down the price of oil, food, and a few other items that are over 40% increase in price. so the cost of goods is far outpacing the index rising over the last year.

if you read something besides headlines about the beef market , you will see that ranchers and consumers are taking the hit on prices while the slaughter houses are taking higher profits. It doesnt make you a communist to see that these companies are unchecked and need to be.

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hawkeye007

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Good Lord. You frickers will literally NEVER learn.

learn what?

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CNN floating the idea of price controls

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So you’re somehow surprised CNN, the Communist News Network, is openly advocating for Communism?