Capping Prices Destroys Market Innovation

Rising costs across labor, logistics, fuel, electricity, and goods are linked to inflation driven by increased money supply and federal spending. Efforts to cap prices may stifle competition and deter investment in productivity improvements. Historical evidence shows that such interventions, often seen in socialist frameworks, lead to supply shortages and reliance on government provision, undermining free market principles. When companies face price caps, they may halt production to protect profit margins, resulting in fewer products available and ultimately driving prices higher. This approach contradicts the values of liberty and innovation inherent in a free-market economy.