The Incomes Policy

During world war two, the office of price administration kept us all in check. The idea of incomes policy was you could go back to war time style solution. You couldn't just put price controls on gasolene. You would have to ration gasolen and try to redirect capital toward oil industry investment. Write, like a very ambitious, centrally planned economy. It's difficult to kind of make it work. O the regulation cu points toward another idea, which is that the real solution just was neo liberalism rigt that like, the inflation was caused by this excessive regulation of the banking sector.

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