Hello fellow rebel capitals, hope you are well. Boy, I got something caught my throat,

and there's a good reason why. Because I cannot believe what I am reading today in the news

that the United States government has just announced reverse price controls. That's right. Reverse price controls.

You guys know what price controls are. We had them in the 1970s. We had them in the 1940s.

And this is when they put a limit as to how high prices can go.

So let's just say the cost of a bottle of water is $2 right now.

They say, okay, we're putting price controls,

so we cannot raise the price of water any higher.

But what the government is doing now is they're saying you can't lower the price.

In fact, if the price of water is $2 right now, well, that's way too low.

That's way too low.

So we're going to put a price floor on water.

And the minimum you can charge for water is going to be $5.

Reverse price controls. So now they're putting in price floors. You may be asking yourself

what on earth, George, is going on. This has to be fake news. I wish it was. I wish it was. So let's go over to CNBC and we're going to go

over what exactly is happening and their justification for doing this. And if it makes sense and

obviously the unintended consequences and obviously the slippery slope this puts us on. So let's do the

screen share. We've got that going. Okay. And we're going to fire over to CNBC right here.

In fact, let me zoom in for you guys. I mean, it's it's just unbelievable that we're at this point

in the United States.

I mean, I never thought that I would see anything.

Well, I shouldn't say that because I thought that we would probably see price controls,

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