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Price ControlsCalculation and Knowledge
If buyers aren't allowed to compete in terms of prices, they'll be forced to compete in terms of time waiting, distance traveled, or other real costs.
There is a misconception among critics of the COVID-19 lockdowns that they're being imposed over the howls of the local population, which wants freedom. If only that were true.
Booms and BustsFinancial Markets
Contrary to Fed assumptions, we are not presently facing a problem of liquidity vis-à-vis Great Recession; we are confronted, instead, with a serious shortage of quality collateral.
InflationTaxes and Spending
The truth is that you and I need goods and services to live, not electronically printed dollars.
Booms and BustsMoney and BanksMoney and Banking
With each passing recession, the Fed finds it harder to refuel the last bubble, but the market moves on to the new bubble as the Fed keeps interest rates artificially low.
Bureaucracy and RegulationHealth
The shortages and lack of flexibility caused by government red tape during the COVID-19 crisis has forced many governments to rethink their many arbitrary and unnecessary regulations.
Both renters and landlords have plenty of troubles when it comes to working together. But putting government regulators in the mix won't help matters.
EducationMoney and BanksTaxes and Spending
The federal government must accompany any loan forgiveness with a repeal of all programs for subsidizing and guaranteeing loans. Anything less would be a formula for socializing higher education.