Is Price Gouging Causing Inflation? (Pros, Cons and Misunderstandings)

Kamala Harris and the Democratic Party recently proposed a federal ban on price gouging. The Left says this isn't a big deal, and the Right says it could lead to communist-era breadlines... so who is right?

Today, we break down this federal ban, what it means, what it does NOT mean, and why both the Left and the Right have a point here.

00:00 - Intro
00:46 - Why It Matters
02:04 - What is Price Gouging?
03:36 - Steelmanning Kamala's Proposal
05:38 - Critiquing Kamala's Proposal
06:33 - Misunderstanding #1
08:20 - Misunderstanding #2
09:29 - Misunderstanding #3
10:53 - Conclusion

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#finance #wealth #money #success #bitcoin #election #election2024 #kamalaharris #donaldtrump #pricegouging #economy