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 But that wasn’t the point originally made by sunshine, that “some price controls are good”.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……
