In keeping with her campaign promise to lower the price of food at the supermarket, Democrat presidential candidate Kamala Harris and her running mate Tim Walz are planning to create a new federal Department of Groceries to price fix the nation's food supply.

The economic plan involves having the Federal Trade Commission (FTC) use antitrust laws as leverage to control the price of food, which ultimately means controlling private business entirely.

Americans saw something similar back when Barack Obama had the federal government take control of Detroit's automobile industry. Kamala is doing the same kind of thing except instead of cars, she and Walz will decide how much your family's meals cost.

At issue right now is a proposed $26.4 billion merger between Kroger and Albertsons, two of America's largest grocery chains. The FTC does not want the two companies to merge because of the monopolistic implications, but Kamala has different ideas.

The claim is that local grocers stand no competitive chance against supercenters and club stores like Walmart and Costco. Allowing Kroger and Albertsons to merge would allow another super-retailer to emerge that some say would further drive down prices.

How about we stop catering to corporations?

Kamala and Walz are receiving thunderous applauses from their supporters every time they talk about "price gouging" at the grocery store. Their campaign talking point is that food is much more expensive today compared to pre-Wuhan coronavirus (COVID-19) "pandemic" because of greedy executives.

This simplistic view ignores the Federal Reserve's money-printing sprees spanning many different presidential administrations. It ignores the inherent inflationary pressures imposed by fiat currency systems in general, which always need to grow and expand in order for the game to work.