The Price Cap Conundrum - Debunking Sunak's Approach
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
Rishi Sunak is attempting to implement price controls for supermarket food in a concerted effort to stifle the rise in food inflation. But can it work? In this episode, Rob tells you everything you need to know.
KEY TAKEAWAYS
- Sunak wants supermarkets to introduce price caps on foods, so as to help with the cost of living crisis. This has been done before and has not worked.
- Whoever is in charge of the government are equally as bad as each other. People also do not wish to learn from what has happened before - the cycle repeats itself.
- If you are facing a price cap, then who is to say that the government won't keep this going on other sectors. If you're thinkig of buying farmland and producing, then why would you?
BEST MOMENTS
'Price caps don't work. There's a number of reasons why they don't work'
'People decide to want to bring in price caps when really they should let the free market sort it out'
There's a supply and demand imbalance'
VALUABLE RESOURCES
Multiple Streams Of Property income - https://progressiveproperty.online/live-multiple-streams-of-property-income-interest-london/AMB4692
ABOUT US
Property Nomads brings property and all things currency, money and macro straight to you. All with a no-nonsense attitude!
WHERE TO FIND US = https://linktr.ee/thepropertynomadspodcast
PROPERTY BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
EVENT MENTIONED ON PODCAST
https://progressiveproperty.online/live-multiple-streams-of-property-income-interest-london/AMB4692
PODCAST DESCRIPTION
Property Nomads brings property and all things currency, money and macro straight to you. All with a no-nonsense attitude!
PROPERTY BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US = https://linktr.ee/thepropertynomadspodcast
SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP = https://dash.sovereignman.com/a/smc12m995/tpnpodcast
SOVEREIGN MAN 4th PILLAR = https://dash.sovereignman.com/a/4pmain/tpnpodcast
ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.