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How a Salt Monopoly Could Spike Car Accidents in the Midwest


BIG by Matt Stoller
How a Salt Monopoly Could Spike Car Accidents in the Midwest
Michael Milken, private equity, and a salt roll-up are showing we re in for shortages and price spikes.
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I write a lot about big tech, but today’s issue is about something so basic and fundamental we literally don’t think about it. Salt. Salt mining is one of humanities’ oldest industries, with wars fought over this commodity. Cities like Venice monopolized the salt trade in the middle ages for geopolitical reasons, and the British tried to block colonists from access to salt during the American Revolution to prevent their ability to preserve food. ....

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