2 ms·

> By your logic, buying all food in a region, monopolizing it and then reselling it at a 1000% margin is fine, after all, that's the real market price now. The

> By your logic, buying all food in a region, monopolizing it and then reselling it at a 1000% margin is fine, after all, that's the real market price now. The market price wouldn't go up like that if you did that. Other people would import food into the region for a much smaller margin than that, and you'd be left with nothing but empty pockets and a lot of spoiled food.

ffsm8 2y ago
Oh boy do I have news for you: It does work, and has been done before. It's just illegal now. It's also a lot harder to pull of in today's hyperconnected world with easy travel between towns etc in the context of food, but the strategy works.
- antisthenes 2y ago
  > Oh boy do I have news for you: It does work, and has been done before. It's just illegal now. It's also easier to impose limits on purchase now, in the digital era. Both online and physical stores tend to have limits on in-demand items (not sure if these are imposed manually or automatically, based on demand), so you're unlikely to be able to purchase anything but a few % of the total available inventory, at least not without significant time investment and involving other people.