Re:America's Biggest Milk Producers Are Going Bankrupt
by JumpCrisscross on Tuesday January 07, 2020 @03:40AM
(#21978157)
> When production is "threatened", artificially boosting demand would be the exactly wrong thing to do
There was wartime demand. Dairy farmers invested to meet it. War ends. Demand goes down. That capital must now be written off, re-purposed, or the demand re-started. We chose the last option.
Production as in productive capital or productive potential.
There was wartime demand. Dairy farmers invested to meet it. War ends. Demand goes down. That capital must now be written off, re-purposed, or the demand re-started. We chose the last option.
Production as in productive capital or productive potential.