8 Reasons Why Wage and Price Controls are Coming Soon -- Triple Lutz Report #491
b'Most people alive today never experienced the 1970\\u2019s period of runaway inflation. They are quickly coming to terms with their massive loss of their purchasing power. Like a runaway train, once governments lose control, it\\u2019s nearly impossible to stop. In an effort to put the genie back in the bottle, they will be forced resort to wage and price controls. As with Nixon\\u2019s failed experiment 51 years ago, these efforts are doomed to failure. Here\\u2019s 8 reasons why: 1. No one really wants to stop it. 2. Central Banks are powerless. 3. It\\u2019s the speculator\\u2019s fault. 4. Ignorance of inflation\\u2019s true causes. 5. Authoritarianism is in the air. 6. Shortages inevitably lead to higher prices. 7. Something has to be done. 8. The War Drums are Beating. Other recent links: 8 More Shortages About to Worsen 10 Shortages That Are Getting Worse Six Lessons I Learned From Working with Billionaire Hedge Funds Get Ready for Non-Transitory Inflation: Ten Things About to Shoot Up in Price Back by Popular Demand \\u2013 Prices of 7 More Things Ready to Go Way Higher'