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0 sats \ 2 replies \ @Bell_curve 19 Aug 2024 \ parent \ on: Grocery Store Price Gouging? econ
Price control means shortages
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21 sats \ 1 reply \ @k00b 19 Aug 2024
We know that. They don't.
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121 sats \ 0 replies \ @Undisciplined OP 19 Aug 2024
Technically, binding price ceilings cause shortages, while binding price floors cause gluts. Non-binding price controls don't do anything.
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