Many farmers and produce growers are reeling from a sudden increase in costs due to the effective closure of the Strait of Hormuz - and it's set to feed into prices on supermarket shelves.
Things don’t go back to “normal prices”, prices will always go up (ideally) and your wages go up to balance.
The issues we’re facing at the moment is a pretty constant series of inflationary shocks and the controls governments and central banks have on trying to balance them tend to work on a much longer time scale resulting in sharp decreases in people’s spending power.
Food was horrifically underpriced before, as supermarkets fought price wars and drove many producers to ruin.
Brexit has hit farming hard and Britain no longer benefits from the singe market.
We’re in a very dry spell lasting over 18 months and the harvest will suffer greatly this year and for the foreseeable future until theres a very wet few years.
No. The whole purpose of neoliberlism’s shock doctrine is the devalue currency and increase capital wealth. It’s aim is to make us poorer and make the rich richer.
will it go back to the normal price? ever?
Things don’t go back to “normal prices”, prices will always go up (ideally) and your wages go up to balance.
The issues we’re facing at the moment is a pretty constant series of inflationary shocks and the controls governments and central banks have on trying to balance them tend to work on a much longer time scale resulting in sharp decreases in people’s spending power.
Damn, seems like they keep forgetting this part
Food was horrifically underpriced before, as supermarkets fought price wars and drove many producers to ruin.
Brexit has hit farming hard and Britain no longer benefits from the singe market.
We’re in a very dry spell lasting over 18 months and the harvest will suffer greatly this year and for the foreseeable future until theres a very wet few years.
So no, prices aren’t going back.
No. The whole purpose of neoliberlism’s shock doctrine is the devalue currency and increase capital wealth. It’s aim is to make us poorer and make the rich richer.
The concept of “normal price” doesn’t make sense
It’s illegal to question normalcy. Accept. Obey. Endure.
“normal price” is whatever the price was before the first time you personally remember inflation being in the news ;)