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For the same reason governments put price controls in place during catastrophes. Because they never studied enough or believe their voters never studied enough
by vasco 8mo ago
For the same reason governments put price controls in place during catastrophes. Because they never studied enough or believe their voters never studied enough to understand basic economics. Likely the latter. Governments believing their people too stupid to understand the right move is often the reason for implementing dumb measures.
- throwawaysleep 8mo agoA lot of it is that people get far more angry at price gouging than a shortage.
- vasco 8mo agoYes, because they don't understand economics. It's a classic "sounds bad but is actually the fastest way to solve the problem" situation. So we kill people by delaying more resources in order to keep the optics nice.