Post
Topic
Board Economics
Re: Food prices doubled this year
by
7788bitcoin
on 19/11/2020, 22:10:51 UTC
Have you calculated “how much it will cost you to produce things, buy some machinary fro production, getting all testes and sertificates” vs “buying imported item”? Some times its is cheaper to buy already created item, then spend time creating by yourself.
There is nothing wrong in importing goods and services from other countries but if you start relying on basic necessity like agriculture then you should expect the price to rise according to the global demands and if you lack in local production of that product then you are forced to pay a higher tariff.

I have noticed, that prices are higher than they were a year ago. But the price ie not doubled. Food is a bit more expensive. Clothes, technics, and other goods are sold with discounts. For services, it is also easy to get a discount.
Frankly, I dont feel that prices are doubled.
Not sure which surplus country you are living but globally every country is feeling the pandemic and there is a shortage of products and if you are having shortage the price rises naturally and how come you are not aware of these natural process.