Back to the Future With Price Controls

Democrat presidential candidate Kamala Harris is demonstrating why monetary debasement has always been a favorite way for government officials to plunder the citizenry. Rather than focusing on the Federal Reserve as the root cause of prices rising across society, she’s blaming rising food prices on grocery-store owners. Consequently, she says that if she is elected president, she’ll get a federal “anti-gouging” law enacted that prevents grocery stores from raising prices.

In other words, she’s g...

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Published on August 19, 2024 21:01
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Llewellyn H. Rockwell Jr.'s Blog

Llewellyn H. Rockwell Jr.
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