As if Rishi knows how much basic food prices cost, he doesn’t even know how to work a contact less card machine!
So…price controls on food?
That’s ominous.
He evidently doesn’t realise food retailers run on tiny margins.
That’s just what food costs.
And they will refuse – citing free market
That’s how you get food shortages
“voluntary” action, if you believe. So, it is another government trying to push the excuse on the stores.
Same like blaming landlords as a reason of inflation in Turkey. Yes, no government has mistake, it is always stores, landlords, guess what, even cats are faulty but not a single government…
Why not create government-controlled farms so they can ensure food is great and cheap?
My guess for what’s going on.
The inputs into food prices have gone down, but supermarkets order ahead of time so shoppers are paying prices based on what it costs to produce food months ago (six months IIRC).
This makes food prices predictable, look at five months ago for next month’s food prices.
The government knows that prices are going to go down anyway, so he asks for a “voluntary price cap” and takes credit.
And what happened to that cap on illegal immigration that government was promissing for a nearly a decade now? It is easier to ask private sector to bring the caps it seems.
Price controls in developed economy? By conservatives who have historically oppesed it? 🤣🤣🤣🤣 what a sh*t hole UK has become
And they’ll say no.
How can you “ask” a store? What if they won’t? Wouldn’t it be some kind of unfair competition? Basic food?
While it’s interesting – I see a lot of potential issues.
why not just tell companys to fucking rise wages so people can actually eat from it. Yes, it causes inflation, but you know what: I don’t care. I would rather live with 20% inflation than having to safe up for my next meal as a fucking engineer.
That never works, until the state comes in and acts like a monopolist reseller of goods.
Hungary did this. Orbán’s rhetoric is to help the families bla bla… This my friends thoroughly fucks the market.
The prices are capped? The shelves are empty then. You could buy it for cheap sure, but nobody wants to sell with a deficit. Now they made it mandatory to have supplies. Vicous cycle.
You get the idea. At least use us as a “how not to” if we’re in this shit already.
Idk why the comments here are how they are. There is clearly price gouging going on with food atm in the uk. It’s not like they wouldn’t still make profit with lower prices
Rishi when the stores say no:
I asked nicely, I tried there’s nothing more that can be done. I didn’t really give them a reason to listen but there no other options, sorry.
Oh no but my capitalism… the people can wait. Let the new holodmor BEGIN!
Great, give the opportunity for a small group of people to stock up as much food as possible and leave the rest without food at all, I’m sure this will go wonderfully.
19 comments
As if Rishi knows how much basic food prices cost, he doesn’t even know how to work a contact less card machine!
So…price controls on food?
That’s ominous.
He evidently doesn’t realise food retailers run on tiny margins.
That’s just what food costs.
And they will refuse – citing free market
That’s how you get food shortages
“voluntary” action, if you believe. So, it is another government trying to push the excuse on the stores.
Same like blaming landlords as a reason of inflation in Turkey. Yes, no government has mistake, it is always stores, landlords, guess what, even cats are faulty but not a single government…
Why not create government-controlled farms so they can ensure food is great and cheap?
My guess for what’s going on.
The inputs into food prices have gone down, but supermarkets order ahead of time so shoppers are paying prices based on what it costs to produce food months ago (six months IIRC).
This makes food prices predictable, look at five months ago for next month’s food prices.
The government knows that prices are going to go down anyway, so he asks for a “voluntary price cap” and takes credit.
And what happened to that cap on illegal immigration that government was promissing for a nearly a decade now? It is easier to ask private sector to bring the caps it seems.
Price controls in developed economy? By conservatives who have historically oppesed it? 🤣🤣🤣🤣 what a sh*t hole UK has become
And they’ll say no.
How can you “ask” a store? What if they won’t? Wouldn’t it be some kind of unfair competition? Basic food?
While it’s interesting – I see a lot of potential issues.
why not just tell companys to fucking rise wages so people can actually eat from it. Yes, it causes inflation, but you know what: I don’t care. I would rather live with 20% inflation than having to safe up for my next meal as a fucking engineer.
That never works, until the state comes in and acts like a monopolist reseller of goods.
Hungary did this. Orbán’s rhetoric is to help the families bla bla… This my friends thoroughly fucks the market.
The prices are capped? The shelves are empty then. You could buy it for cheap sure, but nobody wants to sell with a deficit. Now they made it mandatory to have supplies. Vicous cycle.
You get the idea. At least use us as a “how not to” if we’re in this shit already.
Idk why the comments here are how they are. There is clearly price gouging going on with food atm in the uk. It’s not like they wouldn’t still make profit with lower prices
Rishi when the stores say no:
I asked nicely, I tried there’s nothing more that can be done. I didn’t really give them a reason to listen but there no other options, sorry.
Oh no but my capitalism… the people can wait. Let the new holodmor BEGIN!
Great, give the opportunity for a small group of people to stock up as much food as possible and leave the rest without food at all, I’m sure this will go wonderfully.