3 ms·
I've seen this referred to as a treadmill before. They get the farmers on a treadmill (loans for co-ops, equipment inputs) and once they're waking, they don't l
by morkalork 1y ago
I've seen this referred to as a treadmill before. They get the farmers on a treadmill (loans for co-ops, equipment inputs) and once they're waking, they don't let them stop.
The craziest thing is this is well known trick, historically. In the 1800s there was a company run by a man that was both wholesale buyer of fish from fishermen and also supplied the mortgages for fishing boats. He was the only one for both in many small fishing communities and was universally hated for it.
- pragmatic 1y ago[flagged]