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Raul Sanchez Elia's avatar

An interesting analisis of price controls to manage inflation would be incomplete without studying Argentina and its futile efforts, currently underway, to impact inflation thru price controls on over 1,300 food items. An utter failure, both on the inflation front and enforcement. As to the healthcare industry in the States, the lack of transparency between pricing and the insurance coverage , doctors and pharmacies is astounding in a sector which commands almost 19% of GDP.

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Rich Door's avatar

I feel like I need to expose myself more to the inflation hawks' arguments, because "temporary and sectoral" seems so thuddingly obvious to me. As far as I can tell it's only a minority of pundits and academics worried about persistent inflation, the markets and policy makers seem to be ready to make minor adjustments and move on as supply issues are overcome.

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