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Price Controls Could Tame Inflation

Though corporate America would like us to believe otherwise, the retail prices of essential goods like food and energy are not set by simple supply and demand. In large part, they’re determined by the corporate cartels that have vanquished their compet…

Though corporate America would like us to believe otherwise, the retail prices of essential goods like food and energy are not set by simple supply and demand. In large part, they’re determined by the corporate cartels that have vanquished their competitors — and Wall Street speculators who place bets on the future availability of commodities. More

The post Price Controls Could Tame Inflation appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Wenonah Hauter.


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