Communism and socialism don't lead to cronyism and corruption?
Singapore is highly capitalist.
"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…
What percentage of areas are only served by Walmart or Kroger? Please give your citation. Name some of these "many areas".
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…
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…
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…
Several commenters like yourself have commented on consolidation without giving a clear example. Which consolidations have happened that caused the inflation?
Which mergers are you talking about that caused inflation more than comparable goods in other countries?
Which supermarkets that you go to are consolidated? Walmart has a 20% market share in the US and Costco has 7%.
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.
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.
You're right. A University of Michigan study predicted 12 years ago that cars would be bigger to "comply" with CAFE fuel standards. https://me.engin.umich.edu/news-events/news/cafe-standards-c...
This is not true. VC general partners do invest their own money.
A competitor would just recreate it without union requirements.
It's ironic how you replaced "millionaires" in that quote since many engineers are now millionaires.
"No proper health care etc for people cleaning their flats or flipping their burgers..." Almost $1 trillion was spent on Medicaid last year. What are you talking about?
Taxing land would increase rent and therefore increase food prices.
You'll get more shortages and higher inflation with your solution.
Why are you blaming UK's health crisis on neoliberalism? The NHS is as "socialist" as you could get in Western society.
If you think it's not viable to build new skyscrapers next to the sea, please visit Miami or NYC.
How many of those 30 US cities are as affluent as SF?
Why are you comparing San Francisco against cities with completely different demographics? If you compare SF against similar cities, it is far more dangerous. It has almost twice the murder rate of NYC for example.
SF is far richer than the median city. This is a bad comparison. SF should be compared against NYC, San Jose and Singapore not St Louis and Baltimore.
San Francisco has more than twice the murder rate of San Jose.
Communism and socialism don't lead to cronyism and corruption?
Singapore is highly capitalist.
"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…
What percentage of areas are only served by Walmart or Kroger? Please give your citation. Name some of these "many areas".
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…
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…
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…
Several commenters like yourself have commented on consolidation without giving a clear example. Which consolidations have happened that caused the inflation?
Which mergers are you talking about that caused inflation more than comparable goods in other countries?
Which supermarkets that you go to are consolidated? Walmart has a 20% market share in the US and Costco has 7%.
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.
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.
You're right. A University of Michigan study predicted 12 years ago that cars would be bigger to "comply" with CAFE fuel standards. https://me.engin.umich.edu/news-events/news/cafe-standards-c...
This is not true. VC general partners do invest their own money.
A competitor would just recreate it without union requirements.
It's ironic how you replaced "millionaires" in that quote since many engineers are now millionaires.
"No proper health care etc for people cleaning their flats or flipping their burgers..." Almost $1 trillion was spent on Medicaid last year. What are you talking about?
Taxing land would increase rent and therefore increase food prices.
You'll get more shortages and higher inflation with your solution.
Why are you blaming UK's health crisis on neoliberalism? The NHS is as "socialist" as you could get in Western society.
If you think it's not viable to build new skyscrapers next to the sea, please visit Miami or NYC.
How many of those 30 US cities are as affluent as SF?
Why are you comparing San Francisco against cities with completely different demographics? If you compare SF against similar cities, it is far more dangerous. It has almost twice the murder rate of NYC for example.
SF is far richer than the median city. This is a bad comparison. SF should be compared against NYC, San Jose and Singapore not St Louis and Baltimore.
San Francisco has more than twice the murder rate of San Jose.