What is price ceiling in finance?

[Good-Person]

Inflation is a growing problem in many countries. This is where price ceiling may come into action. price ceiling refers to a conditions where a seller may not be able to sell his products or services for more than a specific amount of price. So, is it an effectively way of controlling inflation?

 

[glitch]

I am not sure you can control inflation. At this point the only way to stop it is to stop printing money and governments, especially the USA, will not do that. This just hurts the dollar for people and causes everything to go up in price.