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When is a price too high?   Too low?

When is a price too high? Too low?

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AverageJoe1
Catch the Train 47!

Lake Como

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And who decides? Has there been any collusion by corporations to fix prices too high? I thought consumers drive prices up or down. Maybe Suzianne can brief us on what is coming. Will my taxes be raised for the money to give citizens (that I do not know) $25k for down payments? Will I have to work longer past my retirement age in order to cover these down payments? Will we normal folks be faced with a new problem known as the Black Market?


“Price controls almost invariably produce black markets, where prices are not only higher than the legally permitted prices, but also higher than they would be in a free market, since the legal risks must also be compensated."

-Thomas Sowell

Z

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@AverageJoe1 said
And who decides? Has there been any collusion by corporations to fix prices too high? I thought consumers drive prices up or down. Maybe Suzianne can brief us on what is coming. Will my taxes be raised for the money to give citizens (that I do not know) $25k for down payments? Will I have to work longer past my retirement age in order to cover these down payments? W ...[text shortened]... n they would be in a free market, since the legal risks must also be compensated."

-Thomas Sowell
ah, the infamous insulin blackmarkets of Canada and France and Norway

ya donkey

AverageJoe1
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Lake Como

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Is everyone aware that Kamala's father was hired as a professor in Marxism,,,,,Stanford Univ. They Hired him, he wrote in his book that we should get rid of interest rates. Harris is the issue of this man.
We should not be surprised about her proposals. She is all about setting prices, we tried setting prices on gas, in the 70's, you saw what that caused. Gas Lines. Now we set prices at grocery stores, create bread lines, like in Venezuala. People there were eating zoo animals. And so forth....
Is anyone here NOT in favor of her stuff? Or is everyone OK with her proposals, including fixing prices.......................like Venezeula.

AverageJoe1
Catch the Train 47!

Lake Como

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@Zahlanzi said
ah, the infamous insulin blackmarkets of Canada and France and Norway

ya donkey
Donkeys, a mainstay in Romania. Get out of the way, we are busy kicking butt in the USA.

https://www.wildtransylvania.com/2022/02/so-why-a-donkey.html#:~:text=Donkeys%20are%20regularly%20seen%20with,depredations%20by%20wolves%20and%20bears.https://www.wildtransylvania.com/2022/02/so-why-a-donkey.html#:~:text=Donkeys%20are%20regularly%20seen%20with,depredations%20by%20wolves%20and%20bears.

I never see a donkey. You talkin to SHouse, possibly.

Suzianne
Misfit Queen

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@AverageJoe1 said
Is everyone aware that Kamala's father was hired as a professor in Marxism,,,,,Stanford Univ. They Hired him, he wrote in his book that we should get rid of interest rates. Harris is the issue of this man.
We should not be surprised about her proposals. She is all about setting prices, we tried setting prices on gas, in the 70's, you saw what that caused. Gas Line ...[text shortened]... Or is everyone OK with her proposals, including fixing prices.......................like Venezeula.
Phobos and Deimos.

It's all you Trumpublicans have.

shavixmir
Lord

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@AverageJoe1 said
And who decides? Has there been any collusion by corporations to fix prices too high? I thought consumers drive prices up or down. Maybe Suzianne can brief us on what is coming. Will my taxes be raised for the money to give citizens (that I do not know) $25k for down payments? Will I have to work longer past my retirement age in order to cover these down payments? W ...[text shortened]... n they would be in a free market, since the legal risks must also be compensated."

-Thomas Sowell
Fixed prices protect consumers and/or producers.

For example: the fixed price of milk in the Netherlands (basically a minimum price) is there to guarantee farmers a living wage.

AverageJoe1
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Lake Como

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@shavixmir said
Fixed prices protect consumers and/or producers.

For example: the fixed price of milk in the Netherlands (basically a minimum price) is there to guarantee farmers a living wage.
The words 'protect' and 'guarantee' give me pause. Are you going to change the name of our country too?

shavixmir
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@AverageJoe1 said
The words 'protect' and 'guarantee' give me pause. Are you going to change the name of our country too?
Of course.

AverageJoe1
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Lake Como

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@shavixmir said
Of course.
Did you see Zahlanzi preach 'guarantee' from the government. Is that in the constitution? No, but you fellers don't care about the constitution. You want us to live by no rules. That means a dictatorship. We have come full circle.
Zahkalnzi preaches guarantees. Brrrrrrrrrrrrrrrrrrrrr
If it is from the government, then it is from me and 330M other people. To whom do we owe this guarantee, I ask. Tell us they have a right to a guarantee.

You will not answer this question.

w

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@AverageJoe1 said
Did you see Zahlanzi preach 'guarantee' from the government. Is that in the constitution? No, but you fellers don't care about the constitution. You want us to live by no rules. That means a dictatorship. We have come full circle.
Zahkalnzi preaches guarantees. Brrrrrrrrrrrrrrrrrrrrr
If it is from the government, then it is from me and 330M other people. To ...[text shortened]... uarantee, I ask. Tell us they have a right to a guarantee.

You will not answer this question.
Trump doubled the deficit spending we had to endure under Obama. That's fact. Now listen to Milton Friedman explain what happens when government starts spending too much...

https://x.com/CilComLFC/status/1824569443302953442

You're paying for trump, now

shavixmir
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@AverageJoe1 said
Did you see Zahlanzi preach 'guarantee' from the government. Is that in the constitution? No, but you fellers don't care about the constitution. You want us to live by no rules. That means a dictatorship. We have come full circle.
Zahkalnzi preaches guarantees. Brrrrrrrrrrrrrrrrrrrrr
If it is from the government, then it is from me and 330M other people. To ...[text shortened]... uarantee, I ask. Tell us they have a right to a guarantee.

You will not answer this question.
There is no question.

s
Fast and Curious

slatington, pa, usa

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@AverageJoe1
Why don't you actually wait till the deals are in front of the House and Senate before you go frothing at the mouth like you are right now.
You need to really get ahold of yourself and listen to what you are mewling about.
Tell me why you think it is ok for Project 2025 to succeed?

AverageJoe1
Catch the Train 47!

Lake Como

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@shavixmir said
There is no question.
This is the question"To whom do we owe this guarantee, I ask.' My 4 year old would know that as a question.
Oh, can you answer it? 3 clicks back. You cannot answer it, and that is why you go smoke-screen with this nothing post.

Do't be late for debate class this morning, Professor Sonhouse is guest lecturer. Guess who the subject is!!!

AverageJoe1
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Lake Como

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@sonhouse said
@AverageJoe1
Why don't you actually wait till the deals are in front of the House and Senate before you go frothing at the mouth like you are right now.
You need to really get ahold of yourself and listen to what you are mewling about.
Tell me why you think it is ok for Project 2025 to succeed?
I think that 2025 should not succeed. If. you write about it, I don't care.

What deals in front of the house? If it involves government giveaways, I would put forth a bill right behind it to SNATCH the given largess away from whomever it is given to.
If that makes you mad, give us your justification to give government money to anyone outside of the 50M destitute.
You can't.

Cliff Mashburn

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I liked it when Kamala said if someone was trying to make too much money from their patent, she would take it upon herself to "snatch them up" and make them government property.
I bet she wishes she hadn't said that now.

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