With unemployment low and wages rising, the struggle for basic necessities like food should be easing. But those on the front lines of feeding the hungry say they are seeing the opposite.
Now we need to talk about rent in the economic way. That profit a monopoly extracts because the market is not competitive enough and it can charge more without providing more value. Land/house rent going up is the classic.
Just an FYI, you’re using all of these terms incorrectly.
We need 47 trillion dollars back from the wealthy leeches
And your lack of understanding is why you say silly things like this.
Perhaps don’t go on at length as if you know about a topic when your only exposure to said topic is internet forums.
Just an FYI, you’re using all of these terms incorrectly.
And your lack of understanding is why you say silly things like this.
Perhaps don’t go on at length as if you know about a topic when your only exposure to said topic is internet forums.
Lmao. No. Rent seeking behavior is economics 101.
Indeed. Actual rent-seeking is, for sure. That’s why it’s kind of weird you’re confused by it.
Sure buddy.