Indecu, has seized more than 150 metric tons (165 tons) of powdered milk this month from companies hoarding the products Jesus, what a bunch of economic ILLITERATES
Can these b@$t@rds be any more stupid? Companies expend precious cash to buy a product that they then HOARD? Any CEO in the world would be fired on the spot for such an outrageously stupid business strategy, especially with a perishable product. Commies (and Democrats, same thing) have no understanding of even basic economics or business. And the rules of economics are like the laws of physics, they can't be repealed or beaten.
"Can these b@$t@rds be any more stupid? Companies expend precious cash to buy a product that they then HOARD? Any CEO in the world would be fired on the spot for such an outrageously stupid business strategy, especially with a perishable product."
Not sure who you are referencing but it's fairly common to take losses in the short term to protect your long term viability.
"And the rules of economics are like the laws of physics, they can't be repealed or beaten."
I beg to differ. Macro Economic laws are often as simple as the average or end result and by definition are often beaten. Physics you might say is a more exact science while economics is subject to diverse and conflicting points of view.