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Why can’t prices be controlled?

Because among the many drivers of rising prices, the government’s figure also appears from time to time. In China, the pricing power of resource products such as water, electricity, natural gas, and refined oil is basically in the hands of government departments at all levels. Since the beginning of this year, in the context of deepening resource price reform, local governments have raised the prices of these public products. Therefore, some people call resource price reform a "price increase" and believe that the government's behavior has produced a "domino effect", causing a series of price increases and ultimately forming inflation. Excessive liquidity caused by excessive currency issuance is a "hotbed" for speculation. The combination of external "hot money" and domestic hot money speculation is the driving force behind the rapid rise in food and commodity prices. For those who have a lot of idle funds in their hands, speculating in agricultural products seems to be a shortcut to making a fortune this year. Because of this, there are many people who bring huge amounts of cash to the main producing areas to buy and hoard agricultural products. This artificially caused supply shortages of some agricultural products and caused rapid price increases. Now the government has recently sent as many as seven ministries and commissions, including the National Development and Reform Commission, the Ministry of Finance, and the Ministry of Commerce, to make it clear that they will take action to curb rising prices. Previously, the State Council analyzed the price situation at the executive meeting on the 17th, and immediately issued a notice on the 20th to stabilize the overall level of consumer prices to ensure the basic life of the people, and introduced 16 measures to stabilize prices, known as the "State 16" . What is particularly eye-catching is the announcement that temporary price controls will be introduced if necessary. Price limits are imposed by the government and enforced nationwide. The government's efforts to control prices this time are unprecedented and they will definitely be able to control the rise in prices. Moreover, PetroChina and Sinopec were fined five times for illegally making a profit of 260,000 yuan by selling diesel at high prices. This move shows to the people across the country that no matter who attempts to hoard or drive up prices, they will be severely punished. Posted by: The state took action, and speculators in the futures market fled in panic. The price of cotton in the futures market has dropped by 25%, as well as sugar and edible oil, and vegetables, ginger, garlic, cabbage...all have dropped significantly. As long as the price issue is taken seriously as it relates to the success or failure of the country's economic development, there is no problem that cannot be solved. It depends on whether you are willing to do it or not.