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Farm Business
Agricultural Matters
When will everything stop going up ?.
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<blockquote data-quote="Lowland1" data-source="post: 8221092" data-attributes="member: 66524"><p>That’s the simplest answer. It’s basic economics really not so much supply and demand which is how the Government is telling it but more price elasticity basically how high can prices be pushed until people stop buying. 18 months of Covid stagnation means businesses need something to stimulate demand a booming economy might be one way or fear of shortage might be another. Unfortunately labour shortages and declining populations in the western world mean it’s hard to stimulate the economy so a manufactured shortage is the next option. Note the Government isn’t telling people to be shrifty and wise with their money it’s very happy to take in the fuel taxes and other taxes thanks to inflation.</p></blockquote><p></p>
[QUOTE="Lowland1, post: 8221092, member: 66524"] That’s the simplest answer. It’s basic economics really not so much supply and demand which is how the Government is telling it but more price elasticity basically how high can prices be pushed until people stop buying. 18 months of Covid stagnation means businesses need something to stimulate demand a booming economy might be one way or fear of shortage might be another. Unfortunately labour shortages and declining populations in the western world mean it’s hard to stimulate the economy so a manufactured shortage is the next option. Note the Government isn’t telling people to be shrifty and wise with their money it’s very happy to take in the fuel taxes and other taxes thanks to inflation. [/QUOTE]
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When will everything stop going up ?.
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