Re:Do High Interest Rates Fix High Inflation?
by vkou on Tuesday June 13, 2023 @05:35PM
(#36317794)
You can solve price gouging from the other end. Instead of capping prices at the point of sale, tax profits.
Right now, prices are growing, mostly due to an increase in profit margins. If the market can't optimize those profit margins down, it's the government's job to take and redistribute that surplus.
Right now, prices are growing, mostly due to an increase in profit margins. If the market can't optimize those profit margins down, it's the government's job to take and redistribute that surplus.