The concept of “unintended side effects” associated with price controls, as outlined in numerous mainstream economics textbooks, is fundamentally flawed. A historical perspective reveals a 4,000-year legacy of economic disasters linked to such measures, extending beyond the Soviet Union and other communist regimes. It appears that Kamala Harris and her advisors are indifferent to this reality, as well as to the concerns of the public.
Day-Traders Send US Producer Prices Soaring In July
US Producer prices were expected to rise MoM following four declines in the last five months and they did, rising 0.6% MoM (double the expected…
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