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According to [1], the problem with the Helium Privatization Act was that it ordered that helium be sold at a formula-driven price that was much lower than the m
by antidesitter 8y ago
According to [1], the problem with the Helium Privatization Act was that it ordered that helium be sold at a formula-driven price that was much lower than the market price for helium. So the problem wasn’t the market. It was the government mismanaging privatization.
[1] http://www.slate.com/blogs/moneybox/2012/05/14/america_s_helium_privatization_fiasco.html http://www.slate.com/blogs/moneybox/2012/05/14/america_s_hel...