On the recordFebruary 4, 2020
On the one hand, our government has sought to regulate prices to protect consumers, only to find out that doing that restricts the supply of the good or service.
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congress.govOn the one hand, our government has sought to regulate prices to protect consumers, only to find out that doing that restricts the supply of the good or service.
Bill Posey discusses the paradox of regulations and their unintended consequences on supply.
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I think this will be classified as another case of the government being the omnipresent defender of nonexistent problems with the people.