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Re:The Federal Reserve is expected to increase interest rate... by jandrewrogers on Wednesday March 22, 2023 @07:37AM (#35259530)
Price controls are an excellent way to quickly damage the economy in very visible ways, which makes it politically dangerous. Price controls don't happen in a vacuum and they tend to have adverse consequences.

The US healthcare system, as an example, was a direct unintended consequence of US government price controls. That was 80 years ago and the affects are still with us.

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