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The only reason we have to choose between inflation and expensive loans is corporate profits can't ever go down. It's perfectly possible to freeze margins and b
by tancop 9d ago
The only reason we have to choose between inflation and expensive loans is corporate profits can't ever go down. It's perfectly possible to freeze margins and ban increasing prices unless a business proves their costs went up, but to enforce that you would need to a) have a competent administration and b) not be scared to piss off your billionaire donors.
Allowing stock buybacks and not taxing dividends heavily is a choice. Not breaking up monopolies is a choice. Inflation comes down to high oil prices and corporate greed powered by weak competition. Starting wars is Trump's fault. Subsidizing big oil instead of setting price controls is also his choice, as is doing everything he can to slow down EV adoption that would reduce demand.
- brainwad 9d agoThere are a lot of SKUs to regulate. The cost of the bureaucrats checking the requests for basic "my price is going up because my inputs went up" price rises would be staggering. Also it would disincentives any price drops being passed on.
- paulryanrogers 9d ago> Also it would disincentives any price drops being passed on. Are any cost drops being passed on as lower prices?
- pjc50 9d ago> It's perfectly possible to freeze margins and ban increasing prices Americans across the political spectrum will call you a communist for this, as they do whenever rent controls are brought in.
- dartharva 9d agoWhat you suggesting goes against the foundational and existential code of the United States of America.