This video serves as a potent reminder that market liberation is often the most effective antidote to government-induced shortages. It effectively dismantles the myth of state-managed stability by showcasing the corrective power of the invisible hand.
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Reagan Solved The Gas Crisis… And Nobody Talks About It!Added:
Remember when they actually fixed high gas prices?
>> Gas prices continue to fall. When I first came into office in January of 1981, the price of gas was just about a dollar and a quarter a gallon. Some people advocated more governmental intervention. Well, we said no. One week after I took office, we deontrolled the price of domestic oil and we stopped the government from putting ceilings on its pricing and production.
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