#pricecontrols — Public Fediverse posts

#RobertWolf is the former Chairman and CEO of USB Investment Bank. On #FOX #News he described #DonaldTrump “the most powerful #socialist in #America.” This assessment is factually based on his #ExecutiveOrders imposing #PriceControls and partial nationalization of 30 #HighTech manufacturers, such as #Intel and U.S. Steel, that was legislated by the #CHIPS and #Science Act that he rammed through #Congress last year. https://www.joemygod.com/2026/08/fox-guest-trump-is-nations-most-powerful-socialist/

#Resist

Economists will tell you that price caps stop markets working properly... which is all very well, but when we can see that market society is not working well for the majority of the population, some focussed policy of price caps looks increasingly politically expedient (not least of all as there are all sorts of examples of prices caps not causing the economic sky to fall in).

Markets can be modified, have been modified and should be!

#economics #PriceControls

https://www.theguardian.com/commentisfree/2026/mar/27/governments-controlling-prices-inevitable-mexico-spain-cost-of-living

Kenneth Rogoff, Harvard professor, and former chief economist of the IMF, discusses the decline in the US dollar and the future instability caused by Trump’s disastrous trade war.

Will we see #pricecontrols and/or financial repression from this regime?

#podcast #economy #tradewar #tariffs #kennethrogoff #FT

https://podcasts.apple.com/us/podcast/the-economics-show/id1746352576?i=1000706308961

"Until recently, the politically explosive nature of inflation had been forgotten in wealthy countries. It was often dismissed as a problem afflicting less mature democracies and developing countries. Yet inflation turned out to be the Achilles’ heel of what was otherwise a strong U.S. economic recovery from the COVID-19 pandemic—and it sank the Democrats’ bid to retain power in 2024. Donald Trump, the U.S. president-elect, triumphed in part because he signaled to voters that he understood their economic distress. For their part, the Democrats failed to acknowledge the depth of the crisis and shied away from fully embracing policies that could have relieved the pressure on ordinary Americans.

Still, the Democrats’ defeat was not inevitable. Other incumbent parties succeeded in winning elections in 2024 because they took steps beyond adjusting interest rates to tackle inflation and because they clearly communicated to their publics what they were doing to keep prices down. Governments in Mexico and Spain embraced bold measures, including price controls, subsidies, and both tax cuts and tax hikes. Not only did these actions help curb inflation, but they also spurred the ruling parties to victory and, in the case of Spain, helped stave off right-wing extremists. These cases show that in the fight against inflation, there are real alternatives to relying on monetary policy alone. Governments can step up and protect citizens against cost shocks in times of disasters, bolstering not only the economy but also the ruling party’s chances at the ballot box."

https://www.foreignaffairs.com/mexico/governments-survived-inflation

#Economy #PublicPolicy #Inflation #USA #DemocraticParty #Mexico #Spain #PriceControls

"The entities now controlling prices are big corporations. She wants to prevent them from keeping prices high by restoring competition. She’s exactly right."

#KamalaHarris #economy #PriceControls #inflation #corporations
/2

https://www.youtube.com/watch?v=FOTwvEluqXE

"Last week, Kamala Harris announced she would go after corporate price gouging. Trump promptly accused her of seeking price controls. Much of the economic establishment — which justifiably believes price controls don’t work — went berserk.

But Harris is not advocating price controls. She’s advocating just the opposite (see my interview, below)."

~ Robert Reich

#KamalaHarris #economy #PriceControls #inflation #corporations
/1

https://robertreich.substack.com/p/how-kamala-intends-to-bring-prices

@seachanger
I refuse to accept that society can do nothing about #PriceGouging and #Greedflation because of the magic of markets.

Clearly, if there is greedflation, then the market is not working as promised.

#PriceControls are one option. #Antitrust breakup of the oligarchies is even better.

Bets on Harris Slide in Predictions Market After Her Price Controls Plan Sparks Controversy - In a twist of political fortunes, Vice President Kamala Harris, who had been leadi... - https://news.bitcoin.com/bets-on-harris-slide-in-predictions-market-after-her-price-controls-plan-sparks-controversy/ #predictionsmarket #campaignstrategy #economicpolicies #votersentiment #politicalrace #pricecontrols #electionodds #polymarket #harris #trump #news

I am watching with deep amusement as all the internet's MAGA-men try to stir up a general horror about Kamala Harris because of her proposal to institute some sort of weakly-specified constraints on price gouging. "Price controls! Communism! Fear!"

My good sirs: the last time we had price controls in this country, they were implemented by (checks notes) that infamous communist Richard Milhouse Nixon.

#USPol #Communism #Nixon #RichardNixon #PriceControls #Harris #KamalaHarris #Kamala #Fear

Milton Friedman on Inflation: A Government-Made Disaster - Inflation is not a natural phenomenon but a consequence of government actions. Mil... - https://news.bitcoin.com/milton-friedman-on-inflation-a-government-made-disaster/ #economicinstability #learning-insights #governmentpolicy #economictheory #hyperinflation #miltonfriedman #monetarypolicy #pricecontrols #freemarket #inflation #shortages

Tell me you don't know what a communist is, without telling me you don't know what a communist is. (You would think that an opinion columnist for the Washington Post would need to know what communism is.)

#Communism #Communist #PriceControls #PriceGouging #Inflation #WaPo #WashingtonPost #Editorial

Food Price Controls in America? Kamala Harris’s Controversial 2024 Strategy Unveiled - Vice President Kamala Harris, according to several reports, has outlined one of he... - https://news.bitcoin.com/food-price-controls-in-america-kamala-harriss-controversial-2024-strategy-unveiled/ #presidentialcampaign #venezuelacomparison #grocerypriceban #economicpolicy #pricecontrols #kamalaharris #u.s.economy #foodprices #economics #inflation

@kevlarsen 👆🏼

What if We’re Thinking About Inflation All Wrong?

Isabella Weber’s heterodox ideas about government price controls are transforming policy in the United States and across Europe

https://www.newyorker.com/news/persons-of-interest/what-if-were-thinking-about-inflation-all-wrong

#inflation #PriceControls #RateHikes
cc @fifilamoura

#Cdnpoli #PriceControls #RentTaxScam

I'm a landlord, used to rent residential & commercial ,my 3 sons rent in Hfx & 2 got screwed with majour illegal rent increases . Whose fault is that ? Neither the landlord nor tenant but Govt that is essentially asking landlords to pay extra taxes no one else does to subsidize Govt & provide welfare to tenants , too.
If Govt is going to fix prices /profit for this product only Sobeys, Super Store ? at least be fair .Treat it like a commercial rental

#Cdnpoli #PriceControls

Agree to 40% rent hike or we may sell your homes, landlord tells Surrey, B.C., renters.

When i saw this I thought the cost of price fixed food-daily bread, autos, home prices , gas, and just about everything else so why is Govt regulating this price only as everyone eats.

Could it be billionaire price gougers have connections in Govt when a small landlord does not,as nothing else explains this interference in the free market .

https://www.cbc.ca/news/canada/british-columbia/40-per-cent-rent-hike-landlord-surrey-1.6830185

Current #inflation rates in G8+ countries, by percentage.🌎️

Why hasn’t a single one of these gvts discussed/mentioned/considered price controls? Even for a short period. 🤨🤔

Japan 3.7
France 6.2
Canada 6.9
Australia 7.3
Spain 7.3
US 7.7
Germany 10.4
UK 11.1
Italy 11.8
Netherlands 14.3

Forbes: “Inflation is a hugely damaging force that can see household wealth evaporate overnight”. Oh, really? 🙄

#capitalism #neoliberalism #economics #pricecontrols