
“Roman Emperor Diocletian issued an Edict on Maximum Prices where prices and wages were capped. Profiteers and speculators who fail to follow were sentenced to death.” – Politicians have been capping prices foolishly for literally millennia!
Posted by Anen-o-me
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>The first two-thirds of the Edict doubled the value of the copper and billon coins, and set the death penalty for profiteers and speculators, who were blamed for the inflation and who were compared to the barbarian tribes attacking the empire. Merchants were forbidden to take their goods elsewhere and charge a higher price, and transport costs could not be used as an excuse to raise prices.
First he wants to prevent inflation and cast anyone not going along with it as enemies of the State and society. Despite the State being the cause of inflation.
>The last third of the Edict, divided into 32 sections, imposed a price ceiling – a list of maxima – for well over a thousand products. These products included various food items (beef, grain, wine, beer, sausages, etc.), clothing (shoes, cloaks, etc.), freight charges for sea travel, and weekly wages. The highest limit was on one pound of purple-dyed silk, which was set at 150,000 denarii (the price of a lion was set at the same price).[15]
Then he wants to blame producers for trying to raise prices resulting from inflation.
Funny that we just had the entire left blaming companies for raising prices as a result of covid inflation.
People never change, politicians never change, but political systems can change.