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Targeting profit rarely helps. The big players can afford the financial engineers to make the profits negligible from an accounting perspective. Likely funneled
by schrectacular 2y ago
Targeting profit rarely helps. The big players can afford the financial engineers to make the profits negligible from an accounting perspective. Likely funneled into growth. The small players cannot, so you put them in a situation where selling to a big player is rational. And the oligopoly grows.
- tossandthrow 2y agoThe current economic environment definitely over indexes on very abstract metrics to steer, which is problematic. I am also not proposing any formal system. I am saying that it is quite easy to spot profits that are too high. I am also saying that the governments role is to ensure efficient markets. In this case it is suing RealPage. It could also be making it easier to make housing in a specific area to counter under supply. it is all regulation.