I want to know how harris is going to control prices like they do in failed nations

[mark francis]

Price controls can work only in a few situations.

Yes, in countries with weak protections for free enterprise

 

[mark francis]

Well Harris never said she was gonna fully control prices so why did you bring that up in terms of being Communist then I guess you're just too stupid to understand what your own post are

Harris won't do squat. She always was and always will be a rag doll puppet of the fascist Democrat party.

 

[pjmret]

Harris won't do squat. She always was and always will be a rag doll puppet of the fascist Democrat party.

you enjoy looking stupid.
right wing bs with zero content other than whining and blather lol

 

[Gabriel_Bell]

Yes, in countries with weak protections for free enterprise

No, it has NOTHING TO DO with that. Price controls work on regulated monopolies like utility companies where competition is naturally restricted. You are really, really both ignorant and stupid. And you know nothing about history, economics , or even Jesus.

 

[pjmret]

Yes, in countries with weak protections for free enterprise

utilities already mentioned, but insurance is another one that is regulated in states.

for example, red state alabama:

Yes, the Alabama Insurance Department (ALDOI) approves rates for insurance companies in Alabama:

• Affordable Care Act (ACA)
  ALDOI reviews and approves rates for ACA plans in Alabama. The review process ensures that proposed rate increases are based on solid evidence and reasonable cost assumptions. The public can access a summary of the rate review results and justifications on the Federal HealthCare.gov Rate Review website.
  
  
• Personal lines coverage
  ALDOI reviews requests for changes to rates, rules, and forms for all admitted insurance carriers that write personal lines coverage in Alabama. ALDOI may approve, disapprove, or request revisions to the submission.
• 
  
• Property and casualty insurance
  ALDOI regulates rates for property and casualty insurance offered by admitted insurance companies.
  
  so yes, "red state" seems to apply here too. lol.
  
  

 

[Gabriel_Bell]

Do not believe that life insurance or car insurance rates are set by state governments, because they are not. They are REGULATED but that is not the same thing. by
When I decided to by life insurance, I read a book on it and got quotes from five companies and each one had a different rate and some different features. TIAA-CREF won a good margin. There was one company that was slightly better, but it only was offered to Lutheran clergy.

 

[mark francis]

No, it has NOTHING TO DO with that. Price controls work on regulated monopolies like utility companies where competition is naturally restricted. You are really, really both ignorant and stupid. And you know nothing about history, economics , or even Jesus.

There is a difference between pure free market controls and government controls of wages and prices.

 

[pjmret]

There is a difference between pure free market controls and government controls of wages and prices.

you know there is a whole spectrum there, right? lol

 

[Gabriel_Bell]

There is a difference between pure free market controls and government controls of wages and prices.

There is nowhere on this planet where the is anything anyone could call a "pure free market". And there never has been, either.
All governments control at least some parts of the economy.

 

[mark francis]

There is nowhere on this planet where the is anything anyone could call a "pure free market". And there never has been, either.
All governments control at least some parts of the economy.

Governments with heavier hands are more communist and less free.

 

[Gabriel_Bell]

Governments with heavier hands are more communist and less free.

You know nothing about anything.

 

[the annoying thing]

Are there price controls in Vietnam, Laos, China, Cuba, North Korea? Certainly not all of these.

as for cuba .The answer is no, because there is an enormous amount of restrictions that impede the growth of the private sector.” Torres said part of the objective is to control the country’s high inflation and fiscal deficit. Cuba has been paying its deficit by printing money, which in turn has contributed to inflation

as for China yep they have them
https://www.opportimes.com/china-op...,guided by the government,» says a WTO report.

North Korea yep they have them
Both Rimjingang and Chosun Ilbo have reported that the government has instituted price controls to prevent prices from rising. This was only to be expected, as it is one of the few tools the state has at its disposal to control market anxiety. Price controls, however, are rarely (if ever) effective in the long run in countries such as North Korea.

As for Laos yep they have them
Laos has imposed price controls on 23 basic necessities such as pork, rice, and natural gas to try to rein in inflation that has surged above 40 percent – controls authorities aim to enforce through fines or even jail time. But the price limits are making it hard for some merchants to make money.

as for Nam yep they have price controls

Price control of key commodities a top priority for Vietnam government

The deputy PM said there was no plan to increase prices for key commodities under the government's price control scheme and administrative fees for the time being.

asianews.network

Zimbabwe, Venezuela do al.
Now flapping lips do you have any other claims AGAIN you need me to prove your cluses about have you not learned yet that when I post A subject I generally know what I'm talking about and have proven you wrong so many times its become pathic . You were a educator with a phd and I have a ged . Tell us what good your education was

 

[the annoying thing]

Do not believe that life insurance or car insurance rates are set by state governments, because they are not. They are REGULATED but that is not the same thing. by
When I decided to by life insurance, I read a book on it and got quotes from five companies and each one had a different rate and some different features. TIAA-CREF won a good margin. There was one company that was slightly better, but it only was offered to Lutheran clergy.

ners (NAIC)

Insurance in the United States is regulated primarily by the individual states, rather than by the federal government. The National Association of Insurance Commissioners (NAIC) is led by the insurance commissioners of the 50 states, plus Washington, D.C., and five U.S. territories.

Again you spek but know not what your talking about

 

[the annoying thing]

You know nothing about anything.

look who is talking the phd holder and former teacher who makes wild claims all the time and I prove otherwise with my ged education

 

[the annoying thing]

Lessons from Venezuela’s devastating price controls | IFT

ifreetrade.org