this post was submitted on 19 Mar 2024
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[–] unreasonabro@lemmy.world 1 points 8 months ago* (last edited 8 months ago)

Just as one entertaining example, here in ontario the government sells weed, but at black market prices, and then when they couldn't sell what they had, they let it sit so long it had to be destroyed rather than simply lowering the price. So, we're 1. not interfering with the black market, 2. no longer accounting for supply and demand through price adjustment... and there's no real reason why but pride. People are proud when the cost of the item they produce goes up, enjoy the income, and forget that it works the other way too. Flooding the market with cheap, good shit is considered shitting the bed, so to speak. Pandering twats...

It used to be called collusion, but hey, usury used to be 3%. /shrug

/end drug addict rant