‘Panic buying is forcing up food prices.’
‘Forcing up food prices.’ That’s an interesting way of
putting it; it’s the free market way of putting it, covering its greedy
attitude by promoting acceptance of the self-serving mechanism. It’s an untruthful way of
putting it. Food prices were not being 'forced up' at all. The true statement
would read something like:
‘Unscrupulous vendors were charging inflated prices because
they knew that frightened and desperate people would pay them, thereby
capitalising on the misfortune of others in order to make inflated profit for
themselves.’
If that’s the way the free market works, so be it; but at
least be honest about it.
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