In the 70s there were wage and price controls imposed,by Nixon.That proved to be not the smartest thing to do,but there werent a lot of shortages.As I remember it was only for a couple of months.Now I would take only being able to buy say 10 gallon every other day for 2 dollars a gallon for 2 months,rather than all you can haul at 4 dollars a gallon. Its whether or not the people doing the regulating have sense or not.Nixon could have removed the controls or adjusted them to avoid the shortage maybe. It still comes down to this,your stock earnings are going to stop messing up our economy,and if done right there wont be shortages. If something needs to change because of shortage of fuel,its airplanes,those boats coming from China burn lakes of fuel.I dont remember those having shortages in the 70s,and its been proven it was a farce anyway. Lots of that stuff in the 70s had to do with Israel and war.Its the same now.The warmongers are running things.They are back over in the middle east,to control the oil in that region.The middle east doesnt want us there,us being warmongers,and they are making everybodys economy suffer for it,to try and run the warmongers off.The warmongers could care less what it does to our economy,and do less than effective means of running our government as they only care about control of middle east oil.Russia,Japan,and other countrys think we are stupid.Also the warmongers dont realize that if they were able to(right after Hell freezes over)control the middle east,it will cause WWIII. The warmongers also want to be in a position to control Russias pipeline as well.If Russia wanted to sell some oil at a lower price they could blow up their pipeline at the border. Now control does not mean there has to be shortage.I dont have a good example other than corruption and warmongers and other political reasons cause shortages,but its not completely because of regulation.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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