Why can’t the government just set a concrete price for everything (Rent, groceries, etc) and forbid it from ever changing? That would prevent inflation from ever happening, right?

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Why can’t the government just set a concrete price for everything (Rent, groceries, etc) and forbid it from ever changing? That would prevent inflation from ever happening, right?

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Anonymous 0 Comments

It would also create a lack of innovation. Why make a better blender when you can only charge x amount. You would just end up having crappier and crappier products as the manufacturers use cheaper materials.

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