One week away, I missed this. Bappenas' Paskah Suzetta is going to ration fuel consumption! That's stupid. He goes, "We should do this (rationing) quickly. Because the (world) price keeps going up". Somebody should tell Pak Menteri that when the supply of a normal good decreases, its price tend to ... increase. International or local, it's all the same.
The only effective way to "ration" stuff is through price. Market price.
Quantity rationing as suggested by Paskah is stupid. It's stupid here, it's stupid in China, it's stupid in the Philippines, it's stupid in Africa.
Even if it's not stupid (but it is! It is!), it will not be effective.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment