Ok. You win.

The government made possible and even incentived those institutions to give those bad loans. The institutions aren't free of blame, but the government was the enabler.

I agree that the 2008 crisis was exacerbated by deregulation. But that wasn't the cause. The cause was bad government policy that allowed people to get loans that they couldn't afford.

And I don't disagree that people are suffering. It sucks. But it's because the government has acted irresponsibly and frankly, stupid, on many levels. And enacting prices controls as a way to band aid over their own mistakes will create short term relief. So maybe that is the way to go. But don't think for a second that there won't be consequences down the line.

I disagree. The problem is that the government doesn't really know what they're doing or the unintended consequences, whether it's all well intentioned or not.

Case in point, the 2008 financial crisis was caused because for decades the government incentivesd irresponsible behavior from banks. Well intentioned or not, it pretty much destroyed the world's economy.

If you put price ceilings on things, you're just going to have people stop building houses, stop producing gas and groceries.

The real key is to let competitionand technology drive prices down.

For example, when 3d printing houses becomes the norm and companies can print entire neighborhoods of houses for a fraction of the cost in a fraction of the time, prices will naturally drop. And then lab grown beef and vertical farming will reduce the amount of farmland needed and therefore land prices will decrease. Creating price ceilings on things will only retard the development of these things.

Ultimately, in the next few decades, the only true store of value will be things that technology or governments can nit make more of cheaply. So, think gold and bitcoin. However, you will never find more bitcoin at the bottom of the ocean or on asteroids...

In theory this sounds good. But government intervention on prices has always lead to more harm in the long run.