Market prices are not driven by government's price control. The problem that prices are going up because of the monetary policies of the central bank of the Philippines. That's why when prices go up, the government agency like Dept.of Trade and Industry will fixed the prices of the market, making every sellers go nuts and a handful of them would be blackmailing the prices. As you might see, the problem comes from government intervention of the monetary and economic, thus destroying the market.
Market prices are not driven by government's price control. The problem that prices are going up because of the monetary policies of the central bank of the Philippines. That's why when prices go up, the government agency like Dept.of Trade and Industry will fixed the prices of the market, making every sellers go nuts and a handful of them would be blackmailing the prices. As you might see, the problem comes from government intervention of the monetary and economic, thus destroying the market.
gearzone2611 1 year ago