brokenflipflop
Veteran
- Location
- Worsley
blah blah blah blah and chocolate blah blah blah
When ? Why ? and how do you know and is it just milk chocolate or dark chocolate ?
blah blah blah blah and chocolate blah blah blah
1682282 said:Nooooooo, stop. It's a diesel. You'll bugger it up if you put petrol in it.
It depends on the timescale. In a highly developed global economy you can only sustain artificial (i.e not subject to supply and demand) prices for a relatively short period; and the more sources there are for any commodity, the shorter that period. To sustain artificial prices for year after year you need to be a government, or backed up by a government, which believes (wrongly, IMO) that tariff barriers are good for its citizens.How much is down to 'supply and demand'? And how much is down to commodity speculation?
Okay. I'm off to my local Barclays branch to buy a bag of porridge oats... Sensible large scale users of commodities use a variety of futures and hedging techniques to make sure their costs are predictable and that is in fact the opposite of speculation.
What? Not pork bellies?Okay. I'm off to my local Barclays branch to buy a bag of porridge oats
Prices of agricultural products are very volatile because harvests are unpredictable.I remember in the 70's the price of sugar went through the roof. It was going up practically daily. The excuse was that there was such a demand for it that it created a shortage. then, all of a sudden, the price stabilised and remained so for a quite a while.
Can you see the similarity today with energy and fuel prices?
Somebody somewhere decides that prices will go as far as they can to make more money so hey presto, tell the whole world that there is a shortage and prices have to go up to meet demand.
It seems to work every time and people just accept it, including politicians.
The world is controlled by a small minority of people who make us jump when they feel like it.
There is no shortage of fuel or anything else, just greed by big companies.
Apparently the next thing ready to go up and up is coffee and chocolate, be warned!!