Venezuela Creates Over 3,000 Committees Against Speculation

[naaman fletcher]

21. OK

1. You have offered no proof that the shortages in VZ are due to hoarders, as opposed to the everywhere (except by useful idiots) known fact that price controls cause shortages.

2. Please cite me an FDR price control that did not result in shortages. You claim it, but I dispute it.

3. Yes, you asked for an example. I gave you two: VZ now (because you refuse to back up that is is caused by hoarders) and Zimbabwe.

4. My claim is that price controls always and everywhere lead to shortages. Everybody who has taken econ 101 agrees with this. It is your job to disprove that. Zimbabwe is an example.

5. Zimbabwe is entirely relevant. You just want to ignore the fact that price controls everywhere and always lead to shortages (assuming of course the price level is set below equilibrium). You would like to ignore it.

The fact is that when these price controls in VZ were put into place, everyone predicted that shortages would result, and history says that the dumbasses that put price controls into place always blame hoarders. So now the shortages are here and you are blaming hoarders.

Here is what we can do: Let's predict the next 6 months.

I predict that shortages will not only still exist but get worse. What is your prediction? Are you predicting that these groups of anti-hoarders will somehow change the situation?