/Heresy Financial: Price Controls will be Worse than Inflation

Heresy Financial: Price Controls will be Worse than Inflation

Price controls are a sure way to stop inflation in its tracks by legally limiting the prices of certain goods or services. Unfortunately, the results of price controls are many times worse than the high prices themselves. Even in disaster scenarios, the profit incentives are there to fix the pricing issues, and interfering with that mechanism makes the problem worse.