Price controls are an excellent way to quickly damage the economy in very visible ways, which makes it politically dangerous. Price controls don't happen in a v

Price controls are an excellent way to quickly damage the economy in very visible ways, which makes it politically dangerous. Price controls don't happen in a vacuum and they tend to have adverse consequences. The US healthcare system, as an example, was a direct unintended consequence of US government price controls. That was 80 years ago and the affects are still with us.