Comment on I feel the actual inflation
Chickenstalker@lemmy.world 10 months agoHow so? In my country, certain basic food items are priced capped AND rationed, meaning you’re only allowed to buy a certain amount of it at a time.
> but but but muh freedum market$$
No! Worldwide, the agricultural sector is THE MOST SUBSIDISED economic field. You can’t have it both ways. If taxpayers’ money is used to prop up your business, you have a duty to the taxpayers and country.
Cleverdawny@lemm.ee 10 months ago
Subsidies may distort the market but they don’t change the existence of the supply/demand curve. Any producer of a product is going to sell their goods to the highest bidder, and if someone is capping what a product can sell for that means capping what they can purchase the product for. Grocery stores aren’t going to sell for a loss.
If the central government enacts a scheme of rationing and central purchasing, that’s one thing. But in a free market situation if a grocery in country A will buy lentils for €1 a kg and country B can only pay €.50 then the lentils are getting sold to country A until that demand is fulfilled. Which means shortages in country B.
IzzyJ@lemmy.world 10 months ago
Considering how much billionaires hoard, im happy just tacking a sales quota on at the same time so they just have to eat losses for a bit. People eating is more important, and frankly anything that forces them to lose money back into the system is a good thing
Cleverdawny@lemm.ee 10 months ago
Why wouldn’t they just close their business if it was unprofitable