(Money Metals)—From taxes to spending, Kamala is the most left-wing major party candidate since George McGovern — who proposed a Universal Basic Income in 1972 and went on to win a single state.
But her most hare-brained scheme — so far — has been price controls, where she’s to the left of McGovern, threatening to punish grocery stores for daring to charge more than their costs.
In fact, grocery stores make 1 to 2 pennies on the dollar. Meaning they have to pass along costs that come straight from the Washington money printer.
That means price controls would, in short, break food.
Price Controls Always Fail
In a recent video I mentioned how price controls have been tried many times, and each time they failed so spectacularly they were repealed. After much pain, suffering, and empty shelves.
When France tried, they got a black market that actually did price gouge. Even Venezuela repealed price controls in 2016 after food shortages and nationwide riots.
But what do price controls look like in reality? For that I go to a great thread by Robert Sterling, a former M&A executive at one of the biggest food producers in America.
Robert walks us through a thirteen step process from grocery price controls to widespread food shortages — something we haven’t seen in this country since the Great Depression, when FDR also imposed price controls.
Stage One: Bankrupt Grocers
So, first, the government announces grocery stores can’t raise prices even though inflation continues — courtesy of the Fed and Wall Street. That means their costs keep going up, so those pennies of profit turn into losses.
Like any business that’s losing money, they shut down.
Of course, not all grocery stores are created equal — small ones lack economies of scale, and while rich people buy high-margin vegetables and expensive cuts, the poor buy low-margin packaged foods.
So the small stores and the low-income stores go first.
You get food deserts, as people in urban centers or rural areas have to drive miles — or take multiple buses — to find food. And, ironically, you get more concentration, as the little guys drop out.
The survivors increasingly aren’t even selling food. They shift shelf-space to things that aren’t price-controlled. Clothing, furniture, supplements.
Grocery stores start to look more like a Dollar Store, with a little food and a lot of junk.
As cities clear of food, you’d need police patrolling parking lots and armed escorts on delivery trucks — perhaps you could even have government-run groceries like Chicago just announced.
Stage Two: Bankrupt Food Producers
The only way to save any grocery stores is to price-control their costs. Meaning food producers like Kraft, Heinz, Tyson, Hormel.
Of course, again, Kraft’s costs aren’t being controlled — their ingredients, wages, parts and electricity. So now they’re losing money.
Like groceries, they wind down, closing marginal factories and running out equipment then not replacing it.
As food producers downsize or go under, now you start getting actual shortages. And the only solution — once again — is price control the next level down. Farmers.
Stage Three: Bankrupt Farmers
Which brings us to the final stage. Because remember Farmers, too, are now forced to sell at a low price, yet their inputs like fertilizer or tractors are still going up.
They, too, go under.
You are now full Venezuela, with the only alternative to starvation a complete government takeover of the food supply, centrally planned from farmer to grocer.
As Sterling puts it, “The government will struggle to operate one of the most complex industries on the planet. The entire food supply chain starts imploding.”
“Imploding” as in starvation.
What’s Next
It’s very unlikely we’ll get to the point of starvation. For the simple reason that at some point the frog boils and the voters — or rioters — share their thoughts with policymakers.
That’s exactly why price controls fail, from France to Venezuela.
Having said, we managed it before under FDR.
And, unfortunately, if the morons running Kamala’s brain trust are dumb enough for price controls, they’re dumb enough for a whole lot more.
(Article image is Florence Thompson “Migrant Mother,” a migrant pea farmer family by Dorothea Lange in March 1936)
Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
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The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
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As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.
