Virtually every entity on earth is using the pandemic as an excuse for permanent price “adjustments”.
Inflation is a measure of price increases.
Well, in Britain it is about 2% and in Germany until half a year ago it even was negative.Ilford's price increase isn't much greater than the current inflation rate of 5.3% in the US. What would you suggest they do?
Ours is higher because of the grand fleecing. ;-)Well, in Britain it is about 2% and in Germany until half a year ago it even was negative.
The USA just issues more debt. Increasing the money supply decreases the value of the dollars already in circulation. 500 years ago when the Spanish brought in enormous amounts of gold and silver from the New World prices soared in Europe. It's not rocket science.Inflation is a measure of price increases.
The pandemic is leading to a grand fleecing across the board. Totally foreseeable, nevertheless unstoppable.
Sell half, the rest would be free!I'm so glad I bought the 40lbs of silver nitrate when I did !
Yes, they are pretty upfront about the reason for the price increase, and the increase where I live is likely to be a bit more than inflation, which makes it a non-news event for me. I don’t think Ilford is fleecing anyone.My point is that inflation rate may be a bad reference point. It may be a good one for the USA, a bad one for Germany.
Harman themselves refer to rise of raw stock costs. This rise may not even be related to inflation.
1a. I'm not singling out Ilford. t
Yeah I'm not getting into wealth transfer arguments. Ilford claimed increased costs so I looked into it, and that is all I did. I'm convinced it's truth.Right, but Ilford doesn't necessarily need to be fishy for the price increase to be artificial to some degree. If Ilford is truly just passing on its increased costs, that doesn't mean we aren't being screwed, just that it isn't Ilford doing the screwing directly.
There are many inputs to production. Ilford has to pay for its utilities, raw materials etc. As you've highlighted, all of these inputs have increased in price throughout the pandemic. You think that's all legit? There's a huge amount of hosing going on all over the world, across all sectors of the global economy, because it's a perfect opportunity to do so. Every going concern is increasing prices whether or not costs have truly gone up. And it will all be permanent.
Any large scale negative event inevitably becomes a gigantic wealth transfer. But I'll stop there or else...soapbox![]()
If you think they just take the pandemic as a silly excuse, you are wrong.Virtually every entity on earth is using the pandemic as an excuse for permanent price “adjustments”.
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