People will do it with a gun to their head.. which is why this kind of thought process is extremely dangerous. You get to a point where people don’t want to work because there’s no point so the government needs to force labor on to you. Happened in……
This whole thing was started by you saying price controls can work. Price controls means “govt now mandates price of bread is now $1 for a loaf” just as an example.
There’s not a single example of a govt controlling price that didn’t lead to shortage.
Healthcare, food……
Sure that has a negative effect on price, local will always be cheaper. But that wasn’t the point originally made by sunshine, that “some price controls are good”. I think he’s trying to make the argument that if we grow locally and supply the demand it will lead……
But I’m “some moron who doesn’t get economics”. I literally have a masters degree in business and took much higher Econ classes then you sunshine. I think you’re ignorance is clouding your judgement……
Nah you are very ignorant to basic Econ. Producing too much supply has its own issues, especially with perishable goods. Why would a company increase their production capacity and not adjust this based on demand. Thats how you go bankrupt as a company……
I wasn’t saying logistics bring prices down if anything I was arguing the opposite, that you can’t control pricing to a certain arbitrary low price, as there are costs like logistics that can fluctuate. If the price of the good is too low to make it economically infeasible……
What happens when a concert sells tickets at too low of a price? It sells out too quickly and you can’t get a ticket unless you’re one of the first in line. well that’s what happens with food and basically everything else of value. I really suggest……
Centralized authorities can not possibly act as efficiently as the free market in terms of pricing. There’s no way to account for everything that needs to be accounted for to properly price during a specific time/date……
Most grocery stores operate at less than 5% profit margin. Prices arent high, it’s just too much money is just chasing too few goods creating scarcity. Yes food is plentiful, but logistics aren’t free.……
