Kamala Harris says she’s going to lower prices.

[Toddsterpatriot]

Price gouging, only works if corporations implement it.

They can't do it without government force.

 

[Toddsterpatriot]

When did the "Gubmint" do that?

Oh' now I know..............

Trump told Saudi: Cut oil supply or lose U.S. military ...​

View attachment 996156
Reuters
https://www.reuters.com › article › economy › special-r...
Apr 30, 2020 — WASHINGTON/LONDON/DUBAI (Reuters) - As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump ...

That's awful!

Now why would Trump have done that?

 

[Toddsterpatriot]

That pricing reference has no bearing on what is proposed or not here.

Ever heard of a windfall tax?

I heard it was stupid.

 

[Toddsterpatriot]

Have corporate earnings fallen during the pandemic inflation, or have they seen records?

Example Kroger.

Was Kroger price gouging?

 

[JWBooth]

Readings on the subject:

The Price-Control Calamity | Mises Institute

The Free Market 26, no. 12 (December 2005) Supply and demand have been allowed to work—at least in a limited way—in energy markets, resulting in ups and downs

mises.org

Price Controls Create Man-Made Disasters | Mises Institute

To the extent that human costs are attributable to price controls they are avoidable.

mises.org

Also this:

Price Controls - Econlib

Governments have been trying to set maximum or minimum prices since ancient times. The Old Testament prohibited interest on loans to fellow Israelites; medieval governments fixed the maximum price of bread; and in recent years, governments in the United States have fixed the price of gasoline...

www.econlib.org

 

[otto105]

how are they are a record if they are losing money? hahahha wow. how are they doing "gouging" if they are losing money? Xiden and Harris's econom policies have hurt everyone, including Kroger...you know the company you brought up, the one losing revenue

They’re not losing money. Their net profits are at record levels.

 

[Toddsterpatriot]

They’re not losing money. Their net profits are at record levels.

How much should their profits be?

 

[otto105]

How much should their profits be?

Maybe in times of perceived hardship not at record levels.

 

[Toddsterpatriot]

Maybe in times of perceived hardship not at record levels.

If inflation is 10%, their profits shouldn't increase by 10%?

 

[otto105]

If inflation is 10%, their profits shouldn't increase by 10%?

Inflation is 2.9%

Are their net profits 2.9%

 

[Crepitus]

So you're in favor of the government controlling the price of your food? And controlling just about everything else that impacts your life as well? Since the government is 'good' and would never do anything to hurt you, right?

Were you or were you not bitching about prices being high?

It's a simple yes or no question.

 

[Crepitus]

Wait. You don't know history? The best thing that can happen to you Soviet groupies is to actually live under the authoritarism you so desperately want.

Were you or were you not bitching about high prices?

It's a simple yes or no question.

 

[Crepitus]

Price controls aren't an effective way to deal with it. Lifting regulations and opening up supply lines is. Unfortunately, transporting merchandise to stores is a problem with the Secretary of Transportation was chosen because of his sexual preferences instead of experience in transportation.

Supply lines are open.

Some regulations are necessary.

 

[Crepitus]

Not me personally, but it is a problem that everyone faces

Trump is hitting biden/harris hard on high energy prices which is a prime contributor to inflation

But Soviet price controls are a terrible idea

The only thing tRump is hitting hard is JD Vance.

 

[Crepitus]

Weren't you pissing and moaning that anyone would dare criticize your leftist politico-religious ideology of uncontrolled floodong of the economy with government printing money that caused inflation?

Wanna try again, this time after consulting reality?

 

[Hollie]

Wanna try again, this time after consulting reality?

Wanna try not spamming the thread with your pointless whining?

 

[Crepitus]

This is a very weird post, that shows just how out of touch the dembots are with reality.

Food prices are up because of xiden/harris inflation.

Kameltoe saying she is going to sign a federal law banning price gouging won't fix that. Keeping her out of office will

Look at this ^ fool, trying desperately to push the label "weird" onto someone besides himself!!

It's hilarious how much it gets to them.

 

[Crepitus]

And nearly impossible to prove

True, it is difficult.

 

[Hollie]

Were you or were you not bitching about high prices?

It's a simple yes or no question.

What is your point with spamming the tread?

 

[struth]

Look at this ^ fool, trying desperately to push the label "weird" onto someone besides himself!!

It's hilarious how much it gets to them.

What’s weird is that you don’t understand basic economics and what price controls like venezuela