Submitted by QTR's Fringe FinanceZohran Mamdani may be the most effective and dangerous wolf in sheep's clothing American politics has produced in years. Then came Mamdani’s proposal for city-owned grocery stores selling staple goods at roughly 30% below prevailing retail prices. Three bananas cost about $1 from countless fruit vendors across New York City, whether you’re in a wealthy neighborhood or a working-class one. Under the proposal, the city would open five taxpayer-backed grocery stores, one in each borough, selling a fixed basket of staple goods at an average of 30% below prevailing retail prices through public subsidies. And perhaps most importantly, why should privately owned grocery stores have to compete against an opponent with an unlimited line of credit backed by New York taxpayers?