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Post by jeffolie on Sept 20, 2007 15:46:25 GMT -6
China decides to deal with their inflationary spiral with price controls on services and goods the government controls. This type of strategy is often employed in corrupt, crony capitalist systems to steal for the benefit of hacks and parasites.
Price controls always, 100% of the time, fail.
China's price controls are a loser
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Post by blueneck on Sept 20, 2007 17:15:01 GMT -6
And another way to manipulate trade
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