The Downside of Controlled Food Prices | Fireside Chat | PragerU

when the free market doesn't operate supply and demand making prices then you you will have a massive devaluation of of the economy of the society not to mention a lack of Freedom not by the way why would anybody then produce food if they can't make a profit why would they produce it would you work for no money profit is salaries Prof think of the word profit as salary that's what it is if a I am uh I don't know I grow corn I'm a farmer who grows corn if you set if the government sets a price Beyond which I can't sell my corn that means that I'm not be being given a wage to produce corn I won't produce corn that's all that will reduce it will just be uh an emptying of the shelves of grocery stor because nobody will make a profit in selling it and they'll they'll they'll leave that business however I will say I do feel Justified for all those who have said and this is all over the world practically we have to have socialized medicine or as in America Democrats would put it single pair so again no free market in medicine because everybody has the right to have medical care and therefore the government which means just your fellow citizen there's no the government doesn't have a nickel the government takes money from people so the government will pay for your medical care I have asked I think all of my adult life a a a question that I've never gotten an answer to if Government should pay for your medical care why shouldn't it pay for your food food is even more important than Medical Care you you go a much of a lifetime without medical care because you're healthy but you you can't go very long without food so if we're going to have the government pay for medical care why shouldn't the government pay for food well now you have the answer the government will now set the price of food which means you will have much less food available to you