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Dr. Ricco Lindner
Robert Reich
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Comments by "Dr. Ricco Lindner" (@Dr.RiccoMastermind) on "The 10 Biggest Myths About Our Economy" video.
You are right about almost everything. The price setting in the food industry, however, is a little bit more complex. At least in Germany there is still enough competition between the single big 4 or 5, so margins are generally low. Thats why the chains have to be so large. Regarding price setting, retail companies rather push down supllier prices to an extreme for weaker suppliers. Only strong brands try to keep up their (to high) prices
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I only found your channel now and I immediately like it (subscribed) 😎 If you could implement more MMT knowledge, even the better! (Not "tax payers" money bailed out the banks in 2008, there would have been near enough taxed money available. It was newly created money 😔)
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@seanmcmurphy4744Â it's a real shame in the US
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