Government Price Controls Never Work – Why Are They Ever Used?
VIDEO AND DESCRIPTION IMPORTED FROM YOUTUBE
Government spends trillions that it doesn’t have. How? Well, The Fed creates trillions of new dollars out-of-thin air! These trillions drive up prices, creating skyrocketing inflation. Oftentimes, government piles on to the troubles by imposing price controls. Price controls have been tried for thousands of years; always with the same disastrous results — widespread shortages! Are Americans ready to accept that government interventions and The Federal Reserve only multiply problems?
Original source: https://www.youtube.com/watch?v=gfvN4CXbg9k