PhillipDT is on course. It is such a well known economic principle that price controls cause shortage that it's hard to believe that politicians don't know it. The more government interference the more problems you have. I think the strategy is to make the people think they are doing something, the rising prices certainly aren't OUR fault. It isn't the phony balony currency we are printing to pay for all this stuff, it is the fault of the greedy merchants and we will put a stop to it because WE look out for YOU. Without an economic education, the people believe it. And you watch. They will get elected again and again.
Good point Phillip DT
Good point Phillip DT