The inexorable rise in prices of EVERYTHING .

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
It’s the effect of years of printing money without the corresponding real economic growth to soak it up. It really took off in 2008 after the crash when we were lied to and we were told we are somehow in a different situation to Rhodesia where printing money resulted in hyper inflation once Mugabe took over.So the money is worth less and less and mathematics doesn’t care about bulllshit arguments about whether money is printed in U.K. or Rhodesia. A house is still just a house but it takes a lot more money to buy one because the money isn’t worth what it was.
I once attended a lecture given by Enoch Powell. Somebody asked him what caused inflation.
“Printing money” was all he said.
Where will it end? Well last time round Dennis Healey went cap in hand to the IMF and savers like myself got 12.75%, while inflation reached 22%........and in those days we still had a huge industrial base.
 

HolzKopf

Member
Location
Kent&Snuffit
Do you not think that much of the recent inflation is caused by shortages of food, materials and much kit caused by transport issues after January (the B word) and also shortages caused by many industries having fewer people on the shop floor (the C word) No supply, strong demand, prices rise - simple econmomics

Additionally now the C word is on the wane many people are unlocking their bank accounts and spend, spend, spending because of the feel good factor. There's a lot of pent up demand - and cash

HK
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
Do you not think that much of the recent inflation is caused by shortages of food, materials and much kit caused by transport issues after January (the B word) and also shortages caused by many industries having fewer people on the shop floor (the C word) No supply, strong demand, prices rise - simple econmomics

Additionally now the C word is on the wane many people are unlocking their bank accounts and spend, spend, spending because of the feel good factor. There's a lot of pent up demand - and cash

HK
It is sort of one and the same thing. People have been paid furlough using printed money but haven’t created anything to represent that money so the limited goods that are available just become dearer in monetary terms.
 

Boomerang

Member
Its a ridiculous situation, the country has printed /borrowed a crazy amount of money, encouraged borrowing on a vast scale as well as not giving a stuff about actually producing /manufacturing anything, will they now realise we are wholly reliant on china for a huge range of products .
In Lincolnshire they are putting in an underground cable to bring power in from i think Norway.
Any one who has any cash and not over borrowed , are they going to get creamed to save the rest .
What should savers like Dr wazzock do , hang on and wait to pick up the pieces and buy when all around are jumping of tall buildings or will his savings devalue to such an extent he cant afford anything ..
Is cash worth having , or just invest in assets ,but at what cost ?
We are heading for some difficult times indeed.
 

stewart

Member
Horticulture
Location
Bay of Plenty NZ
Its a ridiculous situation, the country has printed /borrowed a crazy amount of money, encouraged borrowing on a vast scale as well as not giving a stuff about actually producing /manufacturing anything, will they now realise we are wholly reliant on china for a huge range of products .
In Lincolnshire they are putting in an underground cable to bring power in from i think Norway.
Any one who has any cash and not over borrowed , are they going to get creamed to save the rest .
What should savers like Dr wazzock do , hang on and wait to pick up the pieces and buy when all around are jumping of tall buildings or will his savings devalue to such an extent he cant afford anything ..
Is cash worth having , or just invest in assets ,but at what cost ?
We are heading for some difficult times indeed.
Cash was always a waste of time and those with it are producing nothing, spend it all or borrow as much as you can to increase your asset base.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 80 42.1%
  • Up to 25%

    Votes: 67 35.3%
  • 25-50%

    Votes: 30 15.8%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.7%

Red Tractor drops launch of green farming scheme amid anger from farmers

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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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