[rizzom5000]

Have price controls ever ended with a positive outcome for consumers, or anyone for that matter?

[gms]

No. Unfortunately wielding them is always an act of either ignorance or malice.

[antifa]

Lol no, this is like saying lawn mowers don't work just because you know a guy who refused to do regular maintenance like oiling the engine.

[Boltgolt]

The EU enforces a bunch of them, including no more than 0.2% fees on card purchases, no cellular roaming fees and no fee for in-EU money transfers.

[bobthepanda]

Percentage price controls make a lot more sense than fixed value price controls not adjusted for anything.

[loceng]

Is this an argument for having or eliminating the gold standard, where currency is anchored to a physical good?

[rizzom5000]

I was referencing something like this: https://en.wikipedia.org/wiki/A.L.A._Schechter_Poultry_Corp....

I think the 70's gas rationing in the US was another example of where price controls absolutely stomped on consumers.

I'm not sure if there are any examples to the contrary, but there are surely people who benefit as, say, 'winning' a rent controlled apartment (but I wouldn't necessarily consider that those people were ever actually consumers in the market to begin with).

[cryptonector]

Clearly GP's argument has nothing to do with how a currency is run.