Re:Why Are Corporations Hoarding Trillions?
by eric_h on Thursday January 21, 2016 @06:27PM
(#10949392)
Thanks for teaching me a new word (monopsony)! It's been a long while since my vocabulary has been increased with something that's not a millennial invention.
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Re:Why Are Corporations Hoarding Trillions?
by icebraining on Friday January 22, 2016 @06:01PM
(#10956135)
It's been a long while since my vocabulary has been increased with something that's not a millennial invention.
That means you're missing The Allusionist! http://www.theallusionist.org/
Re:Why Are Corporations Hoarding Trillions?
by Animats on Friday January 22, 2016 @05:02PM
(#10955879)
Farmers know that term very well. When the second loading ramp or grain elevator closes, and there's only one buyer left, farmers face a monopsony. Farmers have fought back with co-ops and Government price supports.