TheBitCast

Ep. 148: Why Mamdani Marts Will Hurt Poor New Yorkers

Podcast: InFi: the Future of Finance · Infineo

Opublikowano: 2026-07-31

Bob explains the numerous flaws with NYC Mayor Mamdani's proposal to have government-run grocery stores sell key items at 30% below retail. Bob also explains the problem with a popular meme asking why people pay taxes if the government can just print money. MAMDANI MARTS — WHAT COULD GO WRONG? NYC Mayor Mamdani wants to open five city-run grocery stores selling a core set of items at 30% below typical retail prices. It sounds like a win for struggling New Yorkers — but the economics tell a very different story. Bob walks through the cascade of problems this...