Ronpaullibertyreport
@ronpaullibertyreport·340K subscribers·3.6K videos
Myth-Busters: How Government Messes Up Market Prices
Posted
May 6, 2016
Views
7,169
Likes
213
Comments
40
Engagement
3.53%
May 6, 2016
7,169
213
40
3.53%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
23:02Now PlayingPrices are the lifeblood of a market economy. They convey important and valuable information that everyone uses to make decisions on how to allocate resources. Prices alert us to the supply and demand of any particular item or service in the economy. It's crucial that prices be accurate so that the best and most rational decisions can be made. In order to be accurate, prices must be left alone. When government intervenes, it turns accurate information into lies. It distorts how resources are allocated, creating massive imbalances in the economy. Then in a vicious cycle, government seeks to correct its previous meddling with even more interventions. In this episode of Myth-Busters Ron Paul makes the case for getting government out of our economic lives!
Be sure to visit for more libertarian commentary.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
