...like shortages and a dysfunctional supply chain based on command rather than demand mediated through prices.
Glen Reynolds writes:
MORE GREEN-CAR PROBLEMS: Fisker Suspends Production Of The Karma.“Because we have no batteries, there’s no production right now. Inventory is starting to get a little low.” Government-subsidized Fisker doesn’t have batteries because the government-subsidized battery-maker, A123, went bankrupt and doesn’t have a buyer.Here’s an old joke: What would happen if the Soviet Union conquered the Sahara?
Nothing for fifty years, and then a shortage of sand.
Don't forget to tip the waitresses...before the inflation renders their tip valueless.