cross-posted from: https://jorts.horse/users/fathermcgruder/statuses/113008342518705813
Instead of price controls to prevent gouging, why doesn’t the government build up reserves and stockpiles?
cross-posted from: https://jorts.horse/users/fathermcgruder/statuses/113008342518705813
Instead of price controls to prevent gouging, why doesn’t the government build up reserves and stockpiles?
Google “government cheese”
One of the great examples of how the government participating in industry is seldom good for people.
TLDR: The government bought milk to give ice cream to the troops in WWII and that lead to the cheesy double down and “Got Milk?”.
“The Fat Electrician” on YouTube has a fairly succinct rundown on government cheese and WWII ice cream.
Government cheese was created to maintain the price of dairy as a correction for previous policies that had lead to a surplus and falling prices. I’m suggesting using stockpiles of goods to do the opposite and suppress prices.