In this essay there is going to be three topics: two are about money. While the one is about price controls; you would likely hear this one talked about once in awhile on the news and/or internet. The first question is: What problems do price controls cause, and what are the benefits of letting prices adjust without government inference? when the law forces the prices down it causes problems. One of the problems it causes, is more demand on products that are in shortage mode. Another is, it causes most of the sellers to stop selling the product/products due to very low price during a shortage. The benefits are that when the prices goes low when the demand is low plus there is no shortage. Yet, prices goes high up when the demand is high while there a shortage of the product or products . In addition, sellers continue to sell the product/products due to earn money(enough money to fullfill their needs and enough to continue selling the product or products) and they they have more freedom. The second question is: What is the origion of money?(In other words ,how did money first arise?) Money began at the time of bartering where people would trade goods for goods for a time. Soon, there was problems in bartering so, they would trade their goods for gold to get the things they wanted. Then, everyone moved from bartering to gold coins. Afterwards, prices come around after they were use to gold coins but after a whilegold coins got hard and heavy to carry around everywhere So as a replcement og gold coins , paper dollars came from the government to the people .They had to spend time to get use to the new form of money before having their gold coins taken away.In addition, once they were use to the paper money; they were able to set prices just like how they did for the gold coins. The third question is:Name and explain three disadvantages that have been identified with fiat money.The first one is high prices cause by lots of fiat money which makes the people who waits until the end of the month to pay more than those who paid less at the beginning of the month. The second one is pushing down interest rates artifically with fiat money. Which makes confusion between businesses and the people. In addition, it causes business firms to fall and the people to fall into a depression. The third one, is that it causes power for the government to create money out of thin air .Furthermore, fiat money loses it value as more is printed.