Saturday, January 7, 2023

Cardi B Mad About Grocery Store Price-Gouging

Monopolies get their pricing power from a lack of competition, they
do not have to fight competitors for market share and so there's
no reason to control their own prices, if they could make sufficient
profits by selling one ear of corn for several million dollars, then the
price of an ear of corn would be several million dollars for all outlets.
That's why anti-trust legislation was enacted after the '29 market 
meltdown, but over the years corporations have whittled away at
it and finally trounced it when Monica Lewinsky's blue dress was
discovered to have presidential DNA stains on it.  Did you smell
the corporate interest in Special Prosecutor Ken Starr's pursuit of the
matter?  If so you were on the right path.

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