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by ZeroGravitas
1389 days ago
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I explicitly dont want to reduce the price of gas. Because high prices make people use less and switch to alternatives, which is what is required when you are short on something. But siezing the windfall profits is also basic economics orthodoxy. https://theguardian.com/australia-news/2022/jul/19/nobel-pri... > The Nobel prize-winning economist Joseph Stiglitz has called for a windfall profits tax, arguing the idea is a “no-brainer” that has been taken off the table due to the influence of big companies |
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