Home

27 readers

2 users here now

Kind of a WIP. Only mods may post to this community. Also, this community is on a Lemmy instance that is just for its owner. You need a Lemmy account from another instance if you would like to comment t on any of these posts. You can get one from here: https://join-lemmy.org/

founded 11 months ago

MODERATORS

[email protected]

Instead of price controls to prevent gouging, why doesn't the government build up reserves and stockpiles? (lemmy.crimedad.work)

submitted 3 weeks ago by [email protected] to c/[email protected]

15 comments fedilink hide all child comments

cross-posted from: https://jorts.horse/users/fathermcgruder/statuses/113008342518705813

Instead of price controls to prevent gouging, why doesn't the government build up reserves and stockpiles?

#economics #HarrisWalz #PriceControls #gouging

@crosspost

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 3 weeks ago (1 children)

If you wanted to do that, you would just nationalize Walmart and Amazon and Kroger.

I'd be okay with that.

[–] sp3tr4l 1 points 3 weeks ago (1 children)

My soul says yes, but my brain says 'look at how poorly our infrastructure is ran and maintained.'

[–] [email protected] 1 points 3 weeks ago

They would still be Amazon, Walmart, and Kroger. The government would just own a controlling stake and sit back except to require that these companies carry enough inventory of certain products. However, I don't believe that a government can only do things badly. There are plenty of current and historic examples of how that doesn't have to be the case.