Birdwatch Archive

Birdwatch Note Rating

2024-08-16 16:22:04 UTC - NOT_HELPFUL

Rated by Participant: F7B5B3D152FC7A03D3CA9B4B6FCA9DBBF0C1E087B952F4F40257438341664F68
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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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