Price controls don’t work even on pain of death

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Nico Antuna Cooper is a university professor and works in the border region. He witnesses daily the cultural opportunities of Bitcoin in Latin America and the United States.

Inflation is so high that even mainstream news sites care now. Overall, the average American is seeing price increases in almost everything. From real estate to groceries to gas prices, consumers are getting less for more in almost every industry. Even the massaged CPI inflation calculations provided by the government seem pretty bad these days. As a result, policy makers like Elizabeth Warren are propose legislation to implement widespread price controls and prevent “price gouging” across the country, thereby protecting the consumer from the next storm of scammers.

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