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

Page: https://stenobird.com/podcast/infi-the-future-of-finance-6015611/ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers
Text version: https://stenobird.com/podcast/infi-the-future-of-finance-6015611/ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers.md
Podcast: [InFi: the Future of Finance](https://stenobird.com/podcast/infi-the-future-of-finance-6015611)
Published: 2026-07-31T19:00:00+00:00
Episode link: https://e86540bd-c269-4e1c-9977-72fca5cd2809.libsyn.com/ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers
Audio file: https://traffic.libsyn.com/secure/e86540bd-c269-4e1c-9977-72fca5cd2809/InFi_-_Ep._148_-_Bob_solo_on_Mamdani.mp3?dest-id=3851883
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Duration seconds: 1473

## Resource

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 creates: - The Competition Problem - The "Savings" Illusion - The Shelf-Stripping Problem - Who Actually Benefits? - The Opportunity Cost - Better Alternatives Exist Bob then responds to a Libertarian Party-retweeted image asking why people pay taxes if government can print money, warning it echoes MMT-style misconceptions: at current spending levels, replacing taxation with money printing would trigger massive inflation and currency collapse, similar to financing everything by borrowing without taxation. He cites the Fed's balance-sheet expansion during COVID and the ensuing high inflation to illustrate limits of monetary financing. Watch the video version of this episode here: https://youtu.be/U9p7sJjQOvY Subscribe to our YouTube channel: https://bit.ly/3XXfmGS Follow us on Instagram: https://www.instagram.com/infineogroup Follow us on Twitter: https://www.twitter.com/infineogroup Learn more about Infineo at: https://www.infineo.io Audio Production by Podsworth Media - https://podsworth.com

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## Transcript

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