The Limiting Factor
@LimitingThe
Humanity is a project. What's holding us back today?
가입 January 2020
1.3K 팔로잉 중 60.6K 팬
Socialism is just a money-go-round
Your money is being given back to you in the form of goods and services
But, in between is a government bureaucracy that takes a portion of that money to fatten themselves
That extra step means it also destroys price signals in the free market that help improve efficiency and drive down costs over time
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Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores:
"Prices set at 30% below retail prices"
