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

Because they would have to apply a price to absolutely everything everything and Private sales between individuals. It’s impossible. The value of the dollar is not just based on five or six product categories.

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