The US government pays massive farming subsidies to limit crop production
Sam Parr · 4 Robot Businesses That Will Take Over The Fast Food Industry (#359) · Sep 8, 2022 · at 37:49
Sam Parr explains US agricultural subsidies in the context of efficiency and government intervention in displaced industries.
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“Some farms, my parents work in the agriculture industry. It's kind of how I know that some farms are so big and so good. The government will pay you money not to grow a crop because they say you're going to screw up the whole market. If you overflow us. Yes. It's called the farm act, I believe. Or is that the farm act? There's a couple of acts, a couple of bills in, in America where they will pay you money not to do anything because they say you're going to disrupt.”
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