Doc7505
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From Price Controls to Mass Starvation
20 Aug 2024 ~~ By Peter St, OngeFrom taxes to spending, Kamala is the most left-wing major party candidate since George McGovern -- who proposed a Universal Basic Income in 1972 and went on to win a single state.
But her most hare-brained scheme -- so far -- has been price controls, where she's to the left of McGovern, threatening to punish grocery stores for daring to charge more than their costs.
In fact, grocery stores make 1 to 2 pennies on the dollar. Meaning they have to pass along costs that come straight from the Washington money printer.
That means price controls would, in short, break food.
Price Controls Always Fail
Stage Two: Bankrupt Food Producers
Stage Three: Bankrupt Farmers
What’s Next
It's very unlikely we'll get to the point of starvation. For the simple reason that at some point the frog boils and the voters -- or rioters -- share their thoughts with policymakers.That's exactly why price controls fail, from France to Venezuela.
Having said, we managed it before under FDR.
And, unfortunately, if the morons running Kamala's brain trust are dumb enough for price controls, they're dumb enough for a whole lot more.
Commentary:
Long before starvation and food riots Civil War would end the Harris presidency.
China doesn’t want a National Depression in America.
Why? If we go out in a deep 1930's style depression, we will pull the whole world with us. Such a depression would cause starvation and uprisings in China that will topple the current “Communist” who run the place. They exist as long as no one starves—if real communist took over all the big wigs running things would be shot. Same for Europe too—A rise in new Fascism would come as desperate people turn to fringe groups and a charismatic leaders for solutions. Fascists do work and will solve many problems. But, think of it like a powerful medicine that can cure a nations problems but with awful side effects—like a loss of freedom in exchange for order.
Kamala Harris doesn't "realize" anything, but told to parrot what those pulling the strings tell her to say.
We've had 40 years of stable currency, the Reagan to the Trump administrations.
We have reached the point that our GDP hass exceeded by the interest rate we owe on debt.
Today, it's deliberate and part of the same project as the "climate" war on farmers and the New Green theme.
