Message from @LPR

Discord ID: 547512301960429599


2019-02-19 20:14:50 UTC  

I'm not kidding, counterfeit mattresses.

2019-02-19 20:14:57 UTC  

wtf do you gain out of that

2019-02-19 20:15:01 UTC  

but yeah thats completely different.

2019-02-19 20:15:03 UTC  

A lot of money!

2019-02-19 20:15:08 UTC  

mattresses?

2019-02-19 20:15:13 UTC  

Yes haha

2019-02-19 20:15:17 UTC  

They create really cheep, low cost to make mattresses and then market them as name brands.

2019-02-19 20:15:29 UTC  

I mean yeah thats not exactly "not safe"

2019-02-19 20:15:35 UTC  

nor is it worth investigating

2019-02-19 20:15:44 UTC  

What I was saying earlier

2019-02-19 20:15:47 UTC  

I'm pretty sure their suppliers is based somewhere in south America because the owner was... well not Mexican but from somewhere down there.

2019-02-19 20:15:49 UTC  

have you guys heard of Herbert Dow?

2019-02-19 20:16:03 UTC  

Heres a story

2019-02-19 20:16:06 UTC  

I have not.

2019-02-19 20:16:25 UTC  

**"**Herbert Dow invented a more efficient process to separate bromine and sold it to other firms, which made it into sedatives and photographic supplies. Dow and other Americans sold bromine inside the U. S. for 36 cents.

Internationally, a powerful German cartel, Die Deutsche Bromkonvention, had been the dominant supplier of bromine since it first was mass-marketed in the mid-1800s. This cartel fixed the world price for bromine at a lucrative 49 cents a pound. Customers either paid the 49 cents or they went without. The Bromkonvention made it clear that if the Americans tried to sell elsewhere, the Germans would flood the American market with cheap bromine and drive them out of business.

By 1904, Dow was ready to break the unwritten rules and decided to sell in Europe. He easily beat the cartel’s 49 cent price and sold America’s first bromine in England. Before long, the Bromkonvention poured bromine into America at 15 cents a pound, well below its fixed price of 49 cents, and also below Dow’s 36 cent price.

2019-02-19 20:16:29 UTC  

Dow worked out a daring strategy. He had his agent in New York discreetly buy hundreds of thousands of pounds of German bromine at the cartel’s 15 cent price. Then Dow repackaged the German product and sold it in Europe—including Germany!—at 27 cents a pound. "When this 15-cent price was made over here," Dow said, "instead of meeting it, we pulled out of the American market altogether and used all our production to supply the foreign demand. This, as we afterward learned, was not what they anticipated we would do."

The confused Germans kept cutting U. S. prices—first to 12 cents and then to 10.5 cents a pound. Dow meanwhile kept buying the stuff and reselling it in Europe for 27 cents. Even when the Bromkonvention finally caught on to what Dow was doing, it wasn’t sure how to respond. As Dow said, "We are absolute dictators of the situation." He also wrote, "One result of this fight has been to give us a standing all over the world . . . . We are in a much stronger position than we ever were . . . ."

When Dow broke the German monopoly, all users of bromine around the world could celebrate. They now had lower prices and more companies to buy from. This victory propelled the remarkable Dow to challenge the German dye trust, and, after that, the German magnesium trust. His successes in these industries again lowered prices and helped liberate the American chemical industry from its European stranglehold.**"**

2019-02-19 20:17:25 UTC  

I mean I’m all for competition in most markets

2019-02-19 20:17:44 UTC  

I know what you mean by "high barriers still remaining", but in the real world this wouldn't happen. The moment it's de-regulated, companies will see a gap in the market and spring in to make a profit. Selling a cheaper drug of the exact same quality will result in big gains. Big companies may try do things as you said, bribing pharamacies, but that only goes on so far.

2019-02-19 20:17:50 UTC  

Theres many other ways to get a drug like this.

2019-02-19 20:18:01 UTC  

I just think the business of making money off of people’s health is fundamentally wrong

2019-02-19 20:18:25 UTC  

Yeah but there's a really simple way around that, for big companies to sell at the lowest possible money to still turn a profit.

2019-02-19 20:18:26 UTC  

Why?

2019-02-19 20:18:31 UTC  

Better quality, efficency

2019-02-19 20:18:36 UTC  

Making money is not bad

2019-02-19 20:18:47 UTC  

I don't know why people think it like this, it ends up good for the consumer and producer

2019-02-19 20:18:51 UTC  

In a free market that is.

2019-02-19 20:19:01 UTC  

@LPR helps the consumer

2019-02-19 20:19:03 UTC  

then.

2019-02-19 20:19:14 UTC  

Yeah but they pretty much already do that.

2019-02-19 20:19:25 UTC  

They don't, they have monopoly prices

2019-02-19 20:19:27 UTC  

You have no idea if it ends up good in a free market because according to you that has never existed

2019-02-19 20:19:30 UTC  

as a result of patenting, regulatoon

2019-02-19 20:19:38 UTC  

I mean wahx, economic theory I guess

2019-02-19 20:19:41 UTC  

Besides, having too open of a market could lead to an epidemic if say... terrorists wanted to poison a population by selling cheap "Aspirin"

2019-02-19 20:19:44 UTC  

as free of a market as you can get, the better results.

2019-02-19 20:19:52 UTC  

People would realise LPR

2019-02-19 20:20:02 UTC  

Not before an epidemic had occurred.

2019-02-19 20:20:03 UTC  

It’s a theory, it’s never been seen

2019-02-19 20:20:11 UTC  

So I just don’t give it much credence tbh

2019-02-19 20:20:21 UTC  

I mean I'm currently referring to a competitive market

2019-02-19 20:20:29 UTC  

which would be as a result of very limited regulations