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On Tue, 20 Aug 2024, Scott Lurndal wrote:We really don't know the details of Harris's plan, so speculation is
D <nospam@example.net> writes:You are incorrect. Let's have a look at the definitions:This message is in MIME format. The first part should be readable text,>
while the remaining parts are likely unreadable without MIME-aware tools.
Please don't use MIME on usenet.
>
>>On Sun, 18 Aug 2024, Lynn McGuire wrote:>"On Friday, Vice President Kamala Harris said she has a solution: a federal
ban on price gouging across the food industry.">Which also has /nothing/ to do with "freezing food prices and making>
grocery stores report any changes in their prices".
>You are incorrect. I was also commenting on Lynn, please stick to that.>
I am correct. Please stick to the topic and stop trying to help Lynn
escape the consequences of his TPPT addiction.
>
No Paul, you are wrong here. Any common sense interpretation of that text
makes it obvious that Lynn is right and you are wrong.
Paul is correct. A ban on price gouging is _not_ the same as
price controls.
>
One might even go so far as suggesting that the inability of the
federal government to enforce the anti-trust laws have increased
the frequency of price gouging. Particularly in the grocery
industry which has overly consolidated over since 1980.
>
Price control:
"Restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)."
Price gouging:
"The act of or an instance of charging services or pricing goods at unreasonably high prices."
wordnik.com
If I, as a company, cannot set my prices freely, my price is controlled. Price control means that the government restrict the ability of business to control its price.
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