Posted on 08/16/2024 5:39:50 AM PDT by MtnClimber
Her price controls scheme is a guaranteed way of bringing Soviet-style shortages to the U.S.
If you thought the economy couldn't get worse under Joe Biden, wait 'til you get a load of what Kamala Harris has in store for it.
According to The Hill:
Vice President Harris on Friday will outline a series of economic policy proposals as part of her presidential campaign, including a call for a federal ban on corporate price-gouging.
Harris will deliver remarks in North Carolina, a battleground state in November, where her campaign said she will focus on plans to lower the cost of groceries. The vice president will say that soaring meat prices in particular have contributed to a spike in grocery bills, and she will call out corporate consolidation in the market.
Those meat hike price rises, like everything else, including the price of oil, are the direct result of government overspending and money-printing that have brought us inflation. Harris proposes to control these prices, as if any business raising prices is "greedy," cracking down on what the Bolsheviks used to call "hoarders and wreckers."
But inflation and the interest rate hikes used to control it, hit every aspect of the economy, not just groceries, from rents to housing stock, to medical care, to credit card rates, to consumer goods. And they are all the function of too much money chasing too few goods, which is why prices go up.
On everything, everywhere. Inflation, as Milton Friedman has stated, is always and everywhere a monetary phenomenon.
(Excerpt) Read more at americanthinker.com ...
Kamala - She really sucks!
And meat tenderizer...
OLD ACCOUNTING JOKE:
CLIENT IS LOSING MONEY MAKING BUGGY WHIPS
CPA TRIES TO TELL HIM TO STOP MAKING BUGGY WHIPS
CLIENTS SAYS: “WE WILL MAKE IT UP WITH VOLUME”
How about eliminating US FedGov PRICE GOUGING known as TAXES to fund the re-distribution of essential funds for the protection of the Sovereign State of the USA? HMMMM?
This IS NOT Commie Cuba— kara-MAL-O!! Nor is it the stupidest stoned country on the planet. Jamaica, homie.
I remember CARTER’S Interest rates.
PRIME WAS OVER 20%
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