this post was submitted on 29 Sep 2023
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solarpunk memes

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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (2 children)

To be fair, we weren't importing as many finished goods then, therefore we weren't competing in a global marketplace. If prices stayed the same temporarily, it wasn't a big deal.

Price controls cause shortages and rationing.

Edit: It's a pretty well-known concept that price controls cause shortages. Look what happened to communism. They said there was no inflation and prices were fixed forever. If a liter of milk is set at 1 rubble, and farmers can't make money at that price, milk selection reduces, or could even disappear.

Everybody in the supply chain has to make money, otherwise the chain breaks.

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[–] [email protected] 0 points 1 year ago (6 children)

What America actually looked like being great.

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