Spotlight: Will Biden Enforce Price Controls To Fight Inflation?
President Biden and his team are faulting greedy businesses—primarily meat processors—oil and gas producers and pharmaceutical companies to avoid blame for rising prices. And, if inflation doesn't ease soon, there is talk that Biden will enforce price controls on these businesses. Steve Forbes on the swirling inflation scapegoats, on how history has demonstrated prices controls don't work and on why artificially suppressing prices would be a disastrous move!
Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.
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