Analysis: The fertility crisis is here and it will permanently alter the economy | CNN Business
Analysis: The fertility crisis is here and it will permanently alter the economy | CNN Business
The world isn’t having enough babies and that demographic shock will reshape the largest economies in the next decade.
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Sure buddy those are the only two countries that have existed in the world. So can't work anywhere.
3 0 ReplyWhat country would you point to as a success for this policy?
5 0 ReplyCan i have your list of valid countries to choose from so that my answer doesn't get disqualified for picking a third world country.
a maximum retail price exists for most if not all goods in India. And it helps slow down inflation.
1 0 ReplyIndia would be perfectly valid if it wasn't experiencing high inflation just like everyone else. Which it is.
https://finimize.com/content/rbi-chief-urges-india-to-cut-inflation-despite-strong-growth
You can't fix inflation just by setting a max price. It leads to shortages or (more common in India's case) retailers finding loopholes:
3 0 ReplyDidn't say it solves inflation. You cant stop a global phenomenon happening. You can ease it.
1 0 ReplyHere's India's inflation chart for the past few years: https://www.equentis.com/blog/wp-content/uploads/2023/10/image-87.png
Here's the US: https://fred.stlouisfed.org/series/MEDCPIM158SFRBCLE
They aren't easing anything.
1 0 Reply
It doesn't work because it's a stupid idea.
If there's a cap on the price of a type of good, then obviously only the lowest quality things get made. If you cap shoes to $10, they will only sell shoes imported from sweatshops.
If you specify exactly how something is made, like $20 for made in USA shoes, they will import it from a sweatshop and sew a logo on it in the US.
If you specify how much labor must be done in the US, there's a chance nobody would bother since selling the $10 sweatshop shoe has better profit margins
1 0 ReplyYeah thats not how the prices are set tho so your entire premise and basis is stupid. Have a good day. Do some reading.
1 0 Reply