2 ms·
Prices need to be allowed to fluctuate so price signals can indicate to suppliers to increase supply. Preventing this will lead to shortages[1][2], as history h
by foofoo4u 7y ago
Prices need to be allowed to fluctuate so price signals can indicate to suppliers to increase supply. Preventing this will lead to shortages[1][2], as history has repeatedly demonstrated.
[1]: https://en.wikipedia.org/wiki/Price_controls#Criticism https://en.wikipedia.org/wiki/Price_controls#Criticism
[2]: https://en.wikipedia.org/wiki/Price_gouging#Opposition_to_laws_against_price_gouging https://en.wikipedia.org/wiki/Price_gouging#Opposition_to_la...
[3]: https://economics.stackexchange.com/a/34439/27218 https://economics.stackexchange.com/a/34439/27218