PeakTrader.com

[administrator]

Moe:

This is the mircale of HSBC – not the marketplace.

HSBC launders their drug money – we get cheap bananas. Thank you HSBC

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PeakTrader:

The real “mircale” is the efficiency of production and the efficiency of the supply chain from profit maximization.

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Moe:

Yes, that’s exactly how Columbia sold this “mircale” to to HSBC.

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PeakTrader:

Over the past 30 years, one reason the U.S. government prevented millions of American drug users, and prevented trillions of dollars of social costs, is it’s great at raising costs.

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Of course, the U.S. government can also raise social benefits (more than social costs), e.g. a higher minimum wage.

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I suspect, if the U.S. government took over the marijuana market, it wouldn’t take long for the weed to become a luxury good

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