Inflation

[Sureboss]

Keef, you seem to be arguing against a point I wasn't making, as I said, I'm making the point that the reason for the majority of the foodstuff price rises isn't to do with rise in raw food material as the article pointed out (to which I originally responded). I'm not denying, at any point, that inflation doesn't exist or isn't a very real economic law.

 

[Keef]

Keef, you seem to be arguing against a point I wasn't making, as I said, I'm making the point that the reason for the majority of the foodstuff price rises isn't to do with rise in raw food material as the article pointed out (to which I originally responded). I'm not denying, at any point, that inflation doesn't exist or isn't a very real economic law.

You weren't acknowledging the affect of inflation, either. Raw food prices are going up - I take the article's view of that as a misinterpretation of the inflation problem. Everything else you're saying seems to suggest that retailers are somehow not struggling to deal with inflation and are making more substantial profits than ever. The numbers are bigger, yes, but each digit is worth less by the day. Their profits will continue to "go up" as long as the currency inflates.

I explained why everybody seems to think supermarket profits are skyrocketing with my example that the supermarket's numbers keep getting bigger but consumer's paychecks are staying the same. Supermarkets and their profits are hardly even a factor in this argument.

 

[FoolKiller]

You weren't acknowledging the affect of inflation, either. Raw food prices are going up - I take the article's view of that as a misinterpretation of the inflation problem. Everything else you're saying seems to suggest that retailers are somehow not struggling to deal with inflation and are making more substantial profits than ever. The numbers are bigger, yes, but each digit is worth less by the day.

With a family of farmers I can guarantee you raw food prices are going up from non-corporate farms at least. Private farmers have been struggling for a while and prices are going up. My uncles and cousins have all been selling their feed grain and soy beans for higher out of necessity. They say the dairy farmers are doing the same since they are barely getting by.

With people beginning to grow tired of buying produce picked two weeks earlier from somewhere in South America the local career farmers are getting more bargaining strength at the market.