Joe Kernen criticized Elizabeth Warren's support for a price gouging ban, arguing it's a flawed idea that doesn't solve the deeper issues facing consumers.
Kernen explained that while price gouging laws exist in multiple states, they often fail to address actual supply and demand challenges in the grocery sector.
He emphasized that government intervention in pricing can lead to adverse effects, claiming that controlling prices would ultimately harm consumers instead of helping them.
Kernen accused leaders of focusing on price gouging laws to distract from real drivers of inflation, particularly government spending and pandemic recovery demands.
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