MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Food Prices’

Doug Casey on Governments Scapegoating Businesses for Inflation

Posted by M. C. on October 18, 2023

Having caused a problem, they present themselves as a solution to the problem. Their solutions are typically counterproductive—stupid, actually. Taxing grocery stores adds to their costs. If they’re to stay in business, those taxes must be passed on to the consumer.

Trudeau is a criminal personality who should be punished for the evil he’s doing. On the other hand, he was popularly elected, largely because he has name recognition from his nominal father and good looks from Fidel Castro, who’s probably his actual sire. In any event, he’s apparently what the majority of Canadians must prefer…

International Man: Thanks to rampant currency debasement, the price of everything has gone up recently.

As the pain from inflation becomes a normal part of life in places like the US and Canada, there are growing calls for politicians to “do something.”

Recently, Canadian Prime Minister Justin Trudeau threatened to tax grocery stores if they don’t lower their prices, accusing them of causing inflation and profiting from higher prices.

What’s your take on this?

Doug Casey: Trudeau epitomizes, in many ways, all that’s wrong with the kind of people who go into politics. Things are as expensive as they are partly because taxes take 20% or 30% of everybody’s income when they earn it. Then, when they spend it, they pay another 10%, 20%, or even 30% in sales taxes and VATs. Add on the burden of regulations, which add to costs while decreasing the amount of production.

Taxes and regulations are disastrous. But the big thing is currency debasement. Governments are printing up money by the bushel because they believe in Modern Monetary Theory—paying for what they want by simply printing money.

People like Trudeau are the reason why food prices, and all kinds of prices, are as high as they are.

Having caused a problem, they present themselves as a solution to the problem. Their solutions are typically counterproductive—stupid, actually. Taxing grocery stores adds to their costs. If they’re to stay in business, those taxes must be passed on to the consumer.

Trudeau is a criminal personality who should be punished for the evil he’s doing. On the other hand, he was popularly elected, largely because he has name recognition from his nominal father and good looks from Fidel Castro, who’s probably his actual sire. In any event, he’s apparently what the majority of Canadians must prefer…

International Man: Many Third World countries have scapegoated business owners for rising prices.

The next step is for them to pass laws regulating how businesses can price their products and services.

Where does this all lead?

Doug Casey: As we’ve just discussed regarding Trudeau, government sticks its nose absolutely everywhere. That’s because the type of people who go into government love power, as well as making themselves famous and wealthy.

Almost all economic problems originate with government intervention. The solution isn’t more laws regulating how businesses can act and price their products but less laws. And by less, I mean none at all.

See the rest here

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What Would A Mini-Iceage Look and Feel Like? : Cold Climate Change

Posted by M. C. on January 27, 2022

Since the end of 2019, the United Nations’ gauge of food prices has risen by about a third, with the causes of the surge — bad weather, higher shipping costs, worker shortages, an energy crunch, and increasing fertilizer costs — meaning high prices could persist this year.

https://coldclimatechange.com/what-would-a-mini-iceage-look-and-feel-like%EF%BB%BF/

Published by ColdClimate Admin |

A winter storm will impact 100 million people in the United States. That was last week. This week is more of the same but with incredible cold added. In an elevated valley of northeast West Virginia on Saturday morning, 125 miles west of Washington, the temperature at a weather station in Canaan Valley plunged to -31F (-35C) — the coldest reading on record in that part of the state.

Unprecedented blizzards battered parts of Pakistan recently, including the hilltop town of Murree, where deep drifts and felled trees blocked roads, trapping thousands of vehicles and killing at least 23 people. One Pakistani woman, trapped in her car for hours by the record snowfall, described how she “saw death” in front of her as she waited for help.

Samina said she left her home at 16:00 local time to travel to Murree but soon found herself among those trapped in the snow: “I could see death in front of me,” she said. “It was like there were snow peaks built around our car… I can’t explain in words what I was going through. We were praying God may help us, and we shouldn’t perish in a snowstorm.”

Conditions conspired to dump 1.5m (5ft) of snow within just a few hours. “It was unprecedented,” said Tariq Ullah, an official in the nearby town of Nathiagali. “There were strong winds, uprooted trees, avalanches. People around were terrified.” Samina was finally rescued at 10:00 the following day. Ten children were confirmed to have perished in the storm, and at least 13 others were not so lucky.

Over the weekend in India, heavy, record-breaking snow across the higher reaches of Himachal has brought life to a standstill, blocking more than 730 roads, including four national highways; shutting down more than 700 electricity transformers, mainly in Shimla, Lahaul-Spiti, and Chamba, which has caused widespread power outages; and halting over 100 water supply systems.

Japan is being clobbered by snow. Otoineppu Village, Hokkaido, for example, registered a whopping 31cm (a foot+) of snow during three hours last Wednesday. Blizzards are continuing across northern and eastern Japan, and local weather officials warn of road closures and near-zero visibility. As much as 70cm (2.3ft) of snow is forecast along with parts of the Sea of Japan for the next two days, including Tohoku, and up to 50cm (1.64ft) in Hokkaido and Niigata as of this writing.

Canadian refineries have been struggling in the freezing weather. With temperatures ranging in the minus 50 C (minus 58F)  degree range. Freezing lows were affecting the refinery’s ability “to crack the molecules to make gasoline or diesel.” The extreme cold was also slowing operations at a refinery in Anacortes, Washington, and two storage terminals in Oregon–which ship throughout the area. On top of that, the Trans-Mountain pipeline from Alberta to Burnaby is also not yet 100 percent back in action after November’s storm.

The City and Borough of Yakutat declared a ‘local disaster emergency ‘ this week, citing the imminent threat of roof collapse caused by high snow loads across the Southeast Alaska city. In response, The National Guard deployed service members and vehicles via military airlift.As reported by alaskapublic.org, Borough Manager Jon Erickson said Yakutat has seen 6 feet of snow over the past few weeks, causing intermittent power outages, damage to buildings, and school closures.

Are you getting the picture yet? No? This winter is only the opening act and will give many a taste of what our government and the press have been lying about. As we shall all see this winter is that the real threat is not warming but dramatic cooling coupled with intense snow and continued ice buildup at the poles and in Greenland.

What kind of people would lie about such a thing and spit Nature in the face? Bill Gates is such a person and he wonders why so many people think badly of him.

Crews at Wolf Creek Ski Area in Pagosa Springs undertook some serious shoveling this week after one of their snowcats was completely covered by the recent record-breaking snowfall.

RECORD COLD HITS MT WASHINGTON

Brian Fitzgerald, Mt. Washington Observatory’s director of science and education, said that Tuesday saw a record low temperature atop the mountain: -31F was registered, busting the old coldest January 11 on record — the -29F set in 2020.

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Watch “The Worst Tax: Who’s Responsible For Skyrocketing Food Prices?” on YouTube

Posted by M. C. on April 16, 2021

Government is always limited to how much it can tax the people directly. People will ultimately rebel against high taxes. So, as a workaround, a monopoly was granted to The Federal Reserve. If the government wants money, The Fed can just print it. The people will still pay for this, of course, but not directly. They’ll pay when they see rising prices in the marketplace. The government can just blame something else as the cause. Inflation is the worst tax of them all.

https://youtu.be/ly1XovEqKTc

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