Recent submissions

Comment · 3 years ago
Communism and socialism don't lead to cronyism and corruption?
Comment · 3 years ago
Singapore is highly capitalist.
Comment · 3 years ago
"if you recall it was supposed to cause widespread hyperinflation overnight when it was unwound"

According to which economists? Did you ignore the economists who vouched for them and said they wouldn't lead to hyperinflation? Regardless, inflation did happen because of QE I and II but it wasn't hyperinflation as many economists predicted beforehand.

Comment · 3 years ago
What percentage of areas are only served by Walmart or Kroger? Please give your citation. Name some of these "many areas".
Comment · 3 years ago
Okay, so Kroger and Albertsons have not merged. Why are you blaming current inflation on a merger that doesn't exist?

Those industries you named are far from consolidated. The largest veterinarian (VCA) owns 20% market share. The largest air ambulance one owns 30% (Air Methods). The largest general ambulance service (Envision) owns just 10%.

Comment · 3 years ago
Did you read your own article? Kroger and Albertsons have not merged so "inflation" would not apply to this non existent merger. Even if they did merge their market would still be around 10-12% which is far from a monopoly.
Comment · 3 years ago
In my experience the vast majority of people do not understand how monetary policy affects inflation. People very quickly adopt a “if you see prices rising, it's corporate greed" attitude when facing resistance or throw their hands up and say “We need price controls and limits on corporate profits."
Comment · 3 years ago
Several commenters like yourself have commented on consolidation without giving a clear example. Which consolidations have happened that caused the inflation?
Comment · 3 years ago
Which mergers are you talking about that caused inflation more than comparable goods in other countries?
Comment · 3 years ago
Which supermarkets that you go to are consolidated? Walmart has a 20% market share in the US and Costco has 7%.
Comment · 3 years ago
There were more fuel restrictions for smaller cars after the CAFE amendment of the late aughts. Automakers were incentivized to build bigger cars to get around the restrictions.
Comment · 3 years ago
Not true. CAFE was amended in the late 2000s to provide more fuel restrictions for smaller cars while keeping the same fuel restrictions for bigger cars. The result is bigger cars being made.
Comment · 3 years ago
Comment · 3 years ago
This is not true. VC general partners do invest their own money.
Comment · 3 years ago
A competitor would just recreate it without union requirements.

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