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Economy

Farmer-Rick

(11,618 posts)

10. Yes, price controls, rationing and price freezing

Reply to bucolic_frolic (Reply #3)

Sat Oct 1, 2022, 07:30 PM

Oct 2022

They were used by FDR, Carter and Nixon. Even windfall profit taxes keep tragedies from being worse.

Also the government could hire people and put them to work to get money in the pockets of people who would spend.

So, yeah there is a lot more the government can do but no one ever to talks about it.

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Sucking for real... [View all] sprinkleeninow Sep 2022 OP

It does - I have felt like the game was rigged for a long time and yet I still participated. walkingman Sep 2022 #1

2 401Ks that worked for us, then I had to transfer them into an IRA of my own sprinkleeninow Sep 2022 #2

What is the alternative to the archaic remedy? bucolic_frolic Oct 2022 #3

I don't really know. It just seems that it wasn't all that bad and bingo! we're facing inflation sprinkleeninow Oct 2022 #4

Bankers who populate the Fed and make Fed policy are Republicans. bucolic_frolic Oct 2022 #5

"I don't think inflation will be a big deal at the ballot box." progree Oct 2022 #6

In a world of low expectations, of value purchases over time, of modest inventories bucolic_frolic Oct 2022 #7

I'm not blaming Biden or the D's either. But your average swing/independent voter? progree Oct 2022 #8

The swing/unaffiliated voters. There you go... sprinkleeninow Oct 2022 #9

Yes, price controls, rationing and price freezing Farmer-Rick Oct 2022 #10