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overtheedge
Member since May 2012
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Four Thousand Years of Price Control

- Tom DiLorenzo -

Wage and price controls have always failed, but presenting BS to support this is bad manners to say the least.

"In Babylon some 4,000 years ago the Code of Hammurabi was a maze of price control regulations. "If ... eight gur of corn ... six gur of corn ..."

And all this time I was under the impression that corn was a new world grain. Perhaps the Babylonians discovered America.

Commented 4164 days ago

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Beginning of the headline :Supply and demand have been allowed to work — at least in a limited way — in energy markets, resulting in ups and downs in gasoline prices. Strong demand coupled with regulatory supply restrictions that were worsened by several hurricanes caused gasoline prices to go up. Then as hurricane-damaged refineries were repaired, gas prices began to plummet... Read More

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