Price freezes: a decoy from the Roman Empire


ANALYSIS – Historically, faced with uncontrolled price increases, governments have had a weakness for this type of hasty measures.

“Day one, I lock in prices.” Jean-Luc Mélenchon is committed to a rhythmic program if he is appointed Prime Minister after a victory for his candidates from the Left Union in the legislative elections. Its governmental action would therefore begin under the auspices of a measure as symbolic as it is popular: the framing of tariffs. A basket of basic necessities, food, hygiene but also clothing, would be concerned. The attractive device in its simplicity aims to fight against inflation which prances to 4.8% in April, and thus support the purchasing power of the French.

Historically, faced with uncontrolled price increases, governments have had a weakness for this type of hasty measures. To the chagrin of classical economists, even the macronist “technocratic” executive gave in to this facility. Since the beginning of the year, specific measures have been taken to contain the prices of gas and electricity, which amounts to billing the State, otherwise…

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