Basic economic logic and thousands of years of recorded history have verified that price controls take a bad economic circumstance and make it even worse. But alas, President Trump, who seems to be looking for a quick fix to pacify public anger for the results of his policies, is pushing for price controls. Whether it be interest rates, credit card rates, electricity rates … the more the government subsidizes and interferes with what’s left of market prices, the bigger and more numerous the problems become.
Executive Director of the Ron Paul Institute for Peace and Prosperity and co-Producer/co-Host, Ron Paul Liberty Report. Daniel served as the foreign affairs, civil liberties, and defense/intel policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer.
