RE:Price controlsmarketsense wrote: Gambino, would you care to elaborate about your comment about restricting prices
without controlling supply. What are the possible consequences of such action on
the free market. I think many of us here including myself would like to hear your
thoughts on this issue. Thanks.
It wasn't Gambino , it was me that said that . For starters , restricting prices does nothing to encourage production and will eventually cause declining supply . Declining supply is the last thing Joe and friends want to be blamed for but his policies choke exploration and deter infrastructure construction . Faced with a sane republican candidate , Biden's handling of the economy , inflation and energy will get him voted out in 2024 . In a free market , supply and demand find equalibrium through price . Today's market is distorted by misinformation and political interference but reality has a way of correcting these anomalies over time .