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Birdwatch Note Rating

2024-08-17 02:32:07 UTC - HELPFUL

Rated by Participant: C13630F0E8E2163EA73F4FFFE3FA3479E798D862B2CAE07DF1DF8F0A6EB08484
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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All Information

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