Investigating Inflation: How will rising interest rates lower inflation?…(read more)
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Ok but we literally have a more food then people to feed in this country. People having more spending power shouldn't really raise the cost of things like milk or eggs.
With the exception of a bit higher transportation costs, milk and eggs should be about the same price. Yet that isn't the case.
The real problem is the companies that can make up whatever price they want cus we'll pay it anyway.
Capitalist profit motives should cut down the cost by having options, rewarding the business with the lowest prices. but when every grocery store has there milk around the same price, those options don't matter.
I can not buy the theory that raising interest rate will bring the grocery price down. How? If am consuming 2 eggs a day will I stop eating. That’s how the eggs price will come down?
What a croc. Increasing prices only means we will be ABLE to buy less, not that we will WANT to buy less.
Let's go brandon
First a conspiracy, then transitory, then “good for the economy”, then covid, now it’s due to Russia…
30 year mortgage for people with excellent credit is over 5% interest rate
Ya…n gasoline is 8.$/gallon…so it will increase any goods nomather what…nothing to do with interests rates…it will worsen the situation….
HERE IN CANADA 12 EGG COST $3.99