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>Companies providing and selling food, energy, and consumer staples are investment materials. I don’t get why housing should be a special carve-out and don’t se
by torben-friis 5y ago
>Companies providing and selling food, energy, and consumer staples are investment materials. I don’t get why housing should be a special carve-out and don’t see a workable answer to how to provide food for everyone while banning all investment in companies that grow or sell food.
Companies providing and selling food are providing a service. Large investors that buy in bulk, keeping new hosing out of the market to keep prices high, are not really providing anything - they are just a different kind of consumer.
I would make a parallel with the relation between gamers and bitcoin miners in the graphic cards market: miners can pay more and buy in bulk, which makes prices rise and prices out gamers. Only in this case, the people who are being priced out are no longer able to cover a basic need.