I hope they jack up the vaccine prices really high and then use the money to cure every other disease.
I love the engine of capitalism and free market, but when you're in ill health, you really need all the help you can get.
I was reading somewhere where people linked price growth to growth of medical insurance, the point was that add soon as people stopped print from their own pockets they stopped caring and started to take whatever doctors said and the companies started marketing to doctors and making agreements with then and so on and do on. Can't find the link unfortunately.
All this will do in mid and long term is that they'll jack prices up even higher because they can, just like what government did to college loans.
I was reading somewhere where people linked price growth to growth of medical insurance, the point was that as soon as people stopped paying from their own pockets they stopped caring and started to take whatever doctors said and the companies started marketing to doctors and making agreements with them and so on and so on. Can't find the link unfortunately.
I also was taken aback by the full on defense of 'capitalism' as it relates to the covid shots.
That was not a freemarket driven choice. It was paid for by the US government via tax payers. To conflate them because of social purpose, or whatever ideology people want is just wrong.
They stand to make decades of profit and it wasn't some high moral road. It was only for money.
And yes, money goes back to investors who often reinvest it into biotech.
If you make a billion dollars on biotech... it has to go somewhere (banks are for chumps!), so it's going back into either the public market, or venture capital. And if you made a billion on biotech once....