An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
There was once a boycott on Nestlé in Europe because they promoted baby powdered milk in third world hospitals and gave it away for free. Mothers believed it was better for their babies than breast milk because that's how Nestlé marketed it, but this caused their own milk to dry up. When the mothers left the hospitals they couldn't afford it so they watered the milk down and their babies suffered terrible malnutrition. No one could stop Nestlé doing this practice. Psychopathic or what?
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