Absurd Price Controls

Well, the regulators are at it again...

It seems cheap milk is just too detrimental to the State of Louisiana, so it must be crushed.

  If you want to understand how insane the reasoning behind price controls actually are, just talk it out;  The price of Milk must be kept high, otherwise people will sell cheap Milk and undercut their competition who will be forced out of the market and then the remaining Milk sellers will raise the price.  So high prices will prevent high prices by eliminating low prices.   Sounds ridiculous, right?
 

"[State Agriculture and Forestry Commissioner Mike] Strain said the regulations exist to keep the price of milk as low as possible.
Allowing a supermarket to sell milk below cost could drive competitors out of business, allowing the store to then increase the price of milk, he said."

Just ponder that for a moment...the regulation exist to keep the price as low as possible...by preventing the sale of cheap Milk.    How could this be stated with a straight face?   Truly, this defies every form of argumentative logic.  Truly, in the mind of regulator Mike Strain, War is Peace, Ignorance is Strength and Freedom is Slavery. 

Now listen to someone who actually knew what was wrong with price controls...with a special appearance by a two-faced Richard Nixon.

And here is some more on price controls with one of the most clear examples; Post-War West Germany.  Cheers to the late Ludwig Erhard for his clarity of vision to allow the West German economy to thrive.