this post was submitted on 01 Oct 2022
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@AgreeableLandscape It's not.
DeBeers and oil cartel keep things in the ground, they don't destroy them.
"But because food is perishable and can’t be hoarded like oil and diamonds"
This is AgreeableLandscapes specifically saying that these resources are hoarded, not destroyed, but that food can't be hoarded, so to create artificial scarcity and drive prices up it is destroyed en masse instead.