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Under heavy control, the black market is the real market

There's a anytime there's a there's too much government control, and too much government interference in an economy. There always is a thriving black market.

Episode 112: Respect The Splits (episode page, opens in a new tab) December 9, 2022, 2:28 p.m. CT 01:31:31 (play audio from this timestamp, opens in a new tab)

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Summary

Whenever a government exerts too much control over an economy, a thriving black market appears and becomes the real market, because the official one stops functioning. Dave says that's why official government metrics can't tell you an economy's health.

Also said

Episode 112: Respect The Splits (episode page, opens in a new tab) December 9, 2022 01:31:48 (play audio from this timestamp, opens in a new tab)
So you'll never be able to tell the health and then economy by the official government metrics,
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