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Birdwatch Note Rating

2024-08-16 00:38:13 UTC - HELPFUL

Rated by Participant: C0FBF3CE742673AAB20CD49209F870572B8CEF5FFC2EEB2C09850C6BC9716AC0
Participant Details

Original Note:

Price controls, like those in anti-gouging laws, can distort the market. If prices are capped, producers and sellers might find it unprofitable to supply goods, leading to shortages, especially during high demand or limited supply. https://www.hoover.org/research/price-controls-still-bad-idea

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