We already have price controls

There has been a lot of talk about implementing price controls because we are experiencing high inflation. What this misses is that we already have price controls.

Where do we have price controls?

  • One of the most obvious but overlooked examples is the Federal Reserve. The Federal Reserve controls prices via short-term interest rates: the fed funds rate. More controversially, I would…

--

--

--

Finance/Investing/Economics blogger. I’m also a Philosophy of Religion blogger:https://jonathandavidgarner.wordpress.com/

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Stocks and the City: Week of August 2

In the Short run are we all dead?

Read This Before You Invest In The Third World

It’s Easy To Get a Loan Until You Need It

The Theory of Loss Aversion

Alphabetical Recovery of the Economy

Capitalism, my darling.

How to fix Universal Basic Income: Make it be Universal Basic Life Standard #UBLS

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Jonathan Garner

Jonathan Garner

Finance/Investing/Economics blogger. I’m also a Philosophy of Religion blogger:https://jonathandavidgarner.wordpress.com/

More from Medium

Why does the Swiss National Bank (Central Bank) buy U.S. stocks?

2022 Economic Update: Pandemic, Inflation, & Recession

Will the Death Cross Kill Us All?

How One Large Seller Can Drive The Market Price Up To A Monopoly Price