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Thread: More proof inflation is due to gouging.

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    Default More proof inflation is due to gouging.

    We knew, but when do we intervene?
    https://globalnews.ca/news/8967819/m...lobalSaskatoon

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    Question is, how do we intervene? Riots in the streets over meat prices?

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    Quote Originally Posted by jutes View Post
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    Question is, how do we intervene? Riots in the streets over meat prices?
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    I'm a little surprised the USA has not decided to break out the 1.4 billion pounds of cheese they've stored up.

    https://www.deseret.com/2022/2/14/22...-carter-reagan
    Cocoa $11,000 per ton.

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    Quote Originally Posted by ZenOps View Post
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    I'm a little surprised the USA has not decided to break out the 1.4 billion pounds of cheese they've stored up.

    https://www.deseret.com/2022/2/14/22...-carter-reagan
    Latest studies out confirm.

    35% of commodity price is due to speculation.
    25 to 40% of current inflation is due to price gouging.

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    Quote Originally Posted by Yolobimmer View Post
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    Latest studies out confirm.

    35% of commodity price is due to speculation.
    25 to 40% of current inflation is due to price gouging.
    "If I ignore all the studies that confirm basic economic theory as we have always witnessed it in action in the past, and now repeating in the present. Then this wonky study that coddles my internal political bias looks really good."

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    Canola oil is on an absolute tear. Never thought it was possible to get above $3/litre.

    I don't think there is a legitimate reason for it to be that high, other the Galen Weston factors.
    Cocoa $11,000 per ton.

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    Quote Originally Posted by ZenOps View Post
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    Canola oil is on an absolute tear. Never thought it was possible to get above $3/litre.

    I don't think there is a legitimate reason for it to be that high, other the Galen Weston factors.
    People like cancer. Let them indulge.

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