Latin America

sabrina 1

(62,325 posts)

15. You left out something. Price controls were undermined by

Wed Mar 27, 2013, 12:01 PM

Mar 2013

predatory profiteers. Hopefully, following the example of FDR, Venezuela will deal effectively with the violators.

I know that Friedman Capitalists, the ones who crashed the world's economy, hate anything that disrupts unregulated 'capitalism' even when it may save lives.

FDR was a practical man who made mistakes, even when he first implemented price controls and they did not get the results he wanted, he went back to look at the reasons why and then corrected them.

See Google, it is a very effective tool and has an incredible amount of information on the history of price controls going all the way back to Biblical times. It certainly isn't a new idea thought up by the 'evil Venezuelans'.

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Venezuela Creates Over 3,000 Committees Against Speculation [View all] Catherina Mar 2013 OP

Superior idea, it's about time. Hoarding has been used as an evil weapon Judi Lynn Mar 2013 #1

Who is doing the hoarding? naaman fletcher Mar 2013 #2

The article explains it. They are talking about something we need to do here, sabrina 1 Mar 2013 #3

The article doesn't explain shit naaman fletcher Mar 2013 #4

Temporary price controls are often used when there are shortages of sabrina 1 Mar 2013 #5

Give me an example naaman fletcher Mar 2013 #6

Give me an example of price controls not being undermined sabrina 1 Mar 2013 #7

Lol naaman fletcher Mar 2013 #8

You have no examples? Well, there are examples of success with price controls. sabrina 1 Mar 2013 #13

Let's see some sources on that naaman fletcher Mar 2013 #14

You left out something. Price controls were undermined by sabrina 1 Mar 2013 #15

LOL. naaman fletcher Mar 2013 #16

so in other words, you admit price controls never work Bacchus4.0 Mar 2013 #9

So in other words, you have no examples. I never said whether I support them sabrina 1 Mar 2013 #10

I support the right to criticize a government's stupid policies Bacchus4.0 Mar 2013 #11

Was FDR 'stupid' in your opinion? sabrina 1 Mar 2013 #17

There are very specific examples of price controls not working: naaman fletcher Mar 2013 #12

And in all of those instances, they don't work because they have been sabrina 1 Mar 2013 #18

What? naaman fletcher Mar 2013 #19

The issue was Venezuela's govt setting up 3,000 organizations to ensure sabrina 1 Mar 2013 #20

OK naaman fletcher Mar 2013 #21