Jason said:Econ101 said:Jason said:Gee Conman can't you understand when a guy knows the answers and asks rhetorical questions?
Too bad you can't refute the truth with your conspiracies.
Facts must drive you insane.
They would if you had any. You recently stated that the packing industry was not an oligopsony or oligopoly. It is both. I wish you were either a little more humble in your ignorance or a little more knowledgable in your posts. Either way, you have no qualifications for the conclusive names and words you use.
More lies from conman.
I said the packers were not an oligopoly, nor did he have an ogilopoly in water (his phony New Orleans scenario). He said he never said the packers were an oligopoly, but an oligopsony. Now he is claiming he said they are both.
Prove they are, if you can.
But facts don't agree with conspiracy, or is it he can't provide the details here, or is it his medications ran out? Whatever no proof will be forthcoming.
Jason, the packers are oligopolists with their relationship to the wholesale beef market. They are oligopsonists with their relationship to the cattlemen and or feeders. Do you understand the terminology yet? You might do well to look it up for yourself. In Canada this situation holds true much more so than in the U.S. There is an oligopoly with respect to the wholesale market. There is an oligopsony with respect to the cattle markets. You are right to say that the packers are not an oligopoly as it is a term that denotes the economic structure of the industry. The industry is an oligopoly. The individual companies are oligopsonists and oligopolists. I don't have to prove it. It is a fact. If you don't believe it, go to the university and learn about it.
If you can not quote me or paraphrase me correctly, then I would ask you not to do it as you show your ignorance of the structure of this industry and the economic terminology every time you post on the subject.
Are any of these things lies? Why would you call someone a liar unless you just wanted to fight?