Episode 20: Price Controls Always Fail — Why “Making Things Affordable” Makes Things Disappear

In this episode of Taxed & Taken, I break down:* Why lowering prices by law doesn’t create abundance* Why it often leads to shortages instead* And how one of the biggest drivers of today’s housing crisis… is actually a hidden form of price control most people don’t even recogniseThe Core IdeaA price is not just a number.It’s a signal.It tells producers:* how scarce something is* how urgently it’s needed* and whether it’s worth producing moreWhen governments cap prices…they don’t remove the problem.They silence the signal.And when that happens:* Demand rises (because things feel cheap)* Supply falls (because it’s no longer profitable)The result?Shortages. Lower quality. Less choice.The Pattern (Repeated for Centuries)We’ve seen this before:* Ancient Rome* Revolutionary France* 1970s AmericaDifferent countries. Different times.Same idea.Same outcome.The Big InsightPrice controls don’t create abundance.They ration scarcity.They don’t eliminate high prices…they replace them with empty shelves.Follow for MoreIf you want to understand how money, policy, and power really shape your life:👉 Follow Taxed & Taken Get full access to Taxed & Taken: Money, Power & Freedom from the State at patelankeet.substack.com/subscribe