Commodity Trade Mantra

Posts Tagged ‘Price Tampering’

Do We Want High Prices or Low Prices?

Prices have a fundamental role to play in the market. Prices are an indicator of the relative scarcity of a good with respect to its uses. What happens if prices are tampered with through price controls or other coercive government controls? The biggest problem is that disrupting the price system jams the price signal system.

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