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Milton Friedman on Price Controls: "It is a device that Governments have repeatedly resorted to in an attempt to cover up the effects of their own policies." How relevant is this right now… 👏👏👏

384,978 görüntüleme • 2 yıl önce •via X (Twitter)

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𝘉𝘳𝘪𝘢𝘯 𝘵𝘩𝘦 𝘚𝘤𝘰𝘵𝘪 🏴󠁧󠁢󠁳󠁣󠁴󠁿 profil fotoğrafı
𝘉𝘳𝘪𝘢𝘯 𝘵𝘩𝘦 𝘚𝘤𝘰𝘵𝘪 🏴󠁧󠁢󠁳󠁣󠁴󠁿2 yıl önce

Yuri Bezmenov's Four Stages of Subversion 1 Demoralization (Marxist Sequence) 2. Destabilization (Immigration) 3. Crisis (NOW) < 4. Normalization (Defeat)

Justin Jinorio profil fotoğrafı
Justin Jinorio2 yıl önce

These videos are gold. Love Milton Friedman

Rep. Real Diehl profil fotoğrafı
Rep. Real Diehl2 yıl önce

We need a Milton Friedman today. Nobody explained the virtues of free markets like him.

Kimber profil fotoğrafı
Kimber2 yıl önce

Milton was a national treasure!

Investing/News/Sports profil fotoğrafı
Investing/News/Sports2 yıl önce

Professor Friedman lays out the shortcomings of price controls. @UChicago

Craig Cunningham 🇺🇸🇺🇦🇩🇪🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿 profil fotoğrafı
Craig Cunningham 🇺🇸🇺🇦🇩🇪🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿2 yıl önce

Awesome explanation of how price controls do not help. If the price rises for eggs then more people will raise chickens. With price controls they might disappear when they cannot be produced except at a loss. Venezuela JUST had this happen a few years ago, so farmers turned to the black market, then gangs wanted a cut of the money, then they slaughtered the chickens and no more eggs for sale.

NOKD profil fotoğrafı
NOKD2 yıl önce

Half of the country probably doesn’t even know who Milton Friedman is anymore. They learn next to nothing in school.

Brad M.D. profil fotoğrafı
Brad M.D.2 yıl önce

Milton Friedman is the GOAT of economics and Freedom!

Patrick H. Clifford profil fotoğrafı
Patrick H. Clifford2 yıl önce

I received this mass email from Harris's campaign, and it didn't mention anything about price control. She emphasized the danger of Project 2025. Trump didn't endorse it anyway.

Warspite 🇺🇦 🇮🇱 🇬🇧 profil fotoğrafı
Warspite 🇺🇦 🇮🇱 🇬🇧2 yıl önce

Price controls are the last bastion of Keynesians. Like Rent Controls, they win favour, but it is scorched earth before inflation lets rip.

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