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> ... it’s simply impossible to compete making better goods and services if your competitor can lose money indefinitely. This is yet another consequence of the
by apo 7y ago
> ... it’s simply impossible to compete making better goods and services if your competitor can lose money indefinitely.
This is yet another consequence of the Federal Reserve's forever bailout of the US stock market: a repeatable business model in which a company can operate at a loss indefinitely while it furiously tries to build an uncrossable moat around itself.