• wise_pancake
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    6 hours ago

    Ironically, because we don’t keep all our eggs in a few baskets (how did they not use this in the article!)

    This is yet another interesting capitalism lesson from the US.

    You get efficiency by increasing scale, those lower costs drive out smaller producers, and then eventually a few companies run everything.

    Suddenly those companies experience issues and there’s are no more meditating factors on the prices, so it’s less efficient than the system started with.