AG
25K likes for astounding ignorance and economic illiteracy. This has been tried in several countries. It has resulted in massive food shortages, large lines for basic necessities, and large increases in poverty. Let’s walk through how this works in practice: Most consumers would start shopping at the city stores since the prices will be much cheaper. This would lead to other grocery stores being unable to compete and going out of business. Increase in unemployment. The food producers would jack up prices because they have a limited set of buyers. The city stores would then realize they can’t afford the increases and try to mandate specific price limits, which would then lead to fewer farmers and food producers due to a lack of profitability. No one will invest in agriculture innovation or development. Soon the state has to take over the entire supply chain. Major food scarcity. All the stores meanwhile will be run terribly as is inevitable with government-run ventures and will be losing massive amounts of money, requiring bailouts from taxpayers. Debt will cause inflation. Within a few years everyone will be picking from 1/1000th the product selection and waiting in major lines to get basic necessities. Then people like the genius poster below will blame greed for their idiotic policies predictably causing mass poverty and starvation. Rinse and repeat. Feel free to move to Venezuela.
