2 ms·
> both cases are funded by budget deficits that increase the money supply The potential for your example was high, but your explanation fell flat. There is a c
by fritzw 10y ago
> both cases are funded by budget deficits that increase the money supply
The potential for your example was high, but your explanation fell flat. There is a connection between Medicare and pharma, but it's not that they both 'increase money supply'.
Big pharma lobbied government when writing drug pricing laws for mediacare. So retail drug prices are standard and non-negotiable. The result is the largest drug purchaser in the world must pay full price and can't get a lower price for bulk.
- yuhong 10y agoThe point is how the government pays for Medicare drugs.