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A world without inflation
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<blockquote data-quote="som farmer" data-source="post: 8198408" data-attributes="member: 86168"><p>l wonder what history will say about covid, for certain it will have its own place in history.</p><p>much of the methods used to 'control' it, were media driven, leaving guv's with little choice but to follow them, did they work ? Vaccination did, and a vaccine was created in record time.</p><p> The death rate from covid, was horrific, so we are told, but even that was hyped up by media, in the UK, anyone with a positive covid test, within 28 days of death, died of covid, even if it was a road accident, heart attack, natural, murder or old age, etc. Rather think those that were howling over that, will remain silent, when challenged with that.</p><p></p><p>The results of covid, have completely altered the world, it fudged the normal trade routes, so all imported, or exported, goods, in/out of the UK, were affected, brexit didn't help either. The result, the ultra efficient, just in time, movement of goods, ceased, overnight. This then forced industries to start holding 'spare', parts, food or anything, this had to be paid for, up front, at a time when delivery was erratic, prices rose, from exporters, and importers, which is basically inflation, and all the crap, that comes with it.</p><p></p><p>There's diddly squat guv's can do about it, its a predictable result of trade disruption, its global. The energy crisis, is a direct cause of events, elsewhere, and yet those same media, are howling for the guv, to do 'something', which to media demand, its been forced to do, but with massive borrowing through covid, further borrowing, is scary. Truly scary when it comes to repaying it, with our taxes.</p><p></p><p>As farmers, we are at the mercy of prices, which are set, elsewhere. What we are seeing, is rapidly rising input costs, and a slower rise in our output price, but output prices are at record levels, and don't seem to stop increasing, whether we need them, which we do, the result is rapidly increasing food inflation, add that to everything else rising in price, its not a pretty outlook. What's the answer ? l doubt there is one, it will have to run its course, simply because its a global phenonium.</p><p></p><p>economics, which govern our lives, is extremely simple, its supply versus demand, when that is equal, no problem, when it isn't, its problematic. It will rebalance itself, and it will probably take longer, because politicians, have been forced to intervene.</p></blockquote><p></p>
[QUOTE="som farmer, post: 8198408, member: 86168"] l wonder what history will say about covid, for certain it will have its own place in history. much of the methods used to 'control' it, were media driven, leaving guv's with little choice but to follow them, did they work ? Vaccination did, and a vaccine was created in record time. The death rate from covid, was horrific, so we are told, but even that was hyped up by media, in the UK, anyone with a positive covid test, within 28 days of death, died of covid, even if it was a road accident, heart attack, natural, murder or old age, etc. Rather think those that were howling over that, will remain silent, when challenged with that. The results of covid, have completely altered the world, it fudged the normal trade routes, so all imported, or exported, goods, in/out of the UK, were affected, brexit didn't help either. The result, the ultra efficient, just in time, movement of goods, ceased, overnight. This then forced industries to start holding 'spare', parts, food or anything, this had to be paid for, up front, at a time when delivery was erratic, prices rose, from exporters, and importers, which is basically inflation, and all the crap, that comes with it. There's diddly squat guv's can do about it, its a predictable result of trade disruption, its global. The energy crisis, is a direct cause of events, elsewhere, and yet those same media, are howling for the guv, to do 'something', which to media demand, its been forced to do, but with massive borrowing through covid, further borrowing, is scary. Truly scary when it comes to repaying it, with our taxes. As farmers, we are at the mercy of prices, which are set, elsewhere. What we are seeing, is rapidly rising input costs, and a slower rise in our output price, but output prices are at record levels, and don't seem to stop increasing, whether we need them, which we do, the result is rapidly increasing food inflation, add that to everything else rising in price, its not a pretty outlook. What's the answer ? l doubt there is one, it will have to run its course, simply because its a global phenonium. economics, which govern our lives, is extremely simple, its supply versus demand, when that is equal, no problem, when it isn't, its problematic. It will rebalance itself, and it will probably take longer, because politicians, have been forced to intervene. [/QUOTE]
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