What's at the other end of "bear" when the thing being bought is food or housing?
Seems like a dangerous analytical framework.
Seems like a dangerous analytical framework.
This is literally why one function of the state is to act as a non-market-participant so it can provide a safety net. There are some things markets can't and shouldn't try to do.
The market has been taking care of it for too long, we're getting too fat, we need a few decades of food controlled by the police to get back into shape.
I don’t know if you’ve seen the average American waistline, but yes, this part is absolutely true. Unhealthily so.
You're not helping your argument with this example imo.