Freedom New Zealand: Food Crisis

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A New Zealand based blog publishing information about cover-ups by big business, politics and the like. Thinking outside the pyramid of enslavement.

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Showing posts with label Food Crisis. Show all posts
Showing posts with label Food Crisis. Show all posts

Lets Look Back At Economics 101

⊆ 09:18 by Red Pill | ˜ 0 responses »

Lets Look Back At Economics 101, things to note, ask yourself with so-called policy and rules of whatever theory of economics aside to start with;

Are prices on goods worth more because they're...

A) rare in supply, B) high demand for profitability or C) so-called market controlled increases set in policy of some nature?

Then think and ask, is the actual value of paper money worth alot less, thus these so called bills or notes are needed more of to acquire the power to purchase something with less of these objects called bills or notes, paper money.

Not known widely and not know whether fact or not, some well few get told the Reserve (of most nations) Bank prints more money when we spend more of it, example Christmas time and buying gifts, at this time some businesses put prices right up for large profit on each item purchased whereas others lower prices to acquire more items purchased of there business due to that there lower price beats the competitors prices which are higher. At this time also, such gifts are increased to retails and sales stores, thus the supply appears to have increased based on demand, however what is not known to only a few is that the quantity in supply may always be the same but still with the producer or in storage out the back of a store, thus at Christmas the special on sale signs comes out and so do more products and stalls etc.
Conclusion...
Supply and Demand and a free-market, ha, not always guaranteed. Private Companies: Care of profit over people always, privatization and central banks not owned by there own people teach us the lessons of ultimate loss.

- by Red Pill

 

Soaring prices fuel call to end GST on food

⊆ 06:44 by Red Pill | ˜ 0 responses »

A petition urging abolition of GST on food is gathering support outside Auckland supermarkets as consumers struggle to cope with rising prices.

The cost of filling the average supermarket trolley has jumped by more than a quarter in the past year, as the effect of international food shortages hits New Zealand.


A spokesman for Finance Minister Michael Cullen said a one-off change to GST would not stop international forces pushing up food prices.

"The Government will not change the GST system, as creating exemptions would add extra compliance costs for businesses which would be passed on to consumers," he said.

National's finance spokesman, Bill English, said his party's first preference was to tackle the affordability problem by cutting income taxes.

But the left-wing Residents Action Movement, which started the petition to abolish GST on food, said more than 1000 people had signed in its first two days.

The National Heart Foundation, which has campaigned for five years to have GST removed from "healthy" foods such as fresh fruit and vegetables, said rising food prices made the move urgent.

Public Health Association executive officer Gay Keating called last week for GST to be removed from "nutritious basics" such as fruit, vegetables and milk.

"A bottle of Coke is so much cheaper than a bottle of milk," she said. "We'd be interested in making a bottle of milk much more affordable."

New Zealand is one of only three countries in the 30-nation Organisation for Economic Cooperation and Development (OECD) which taxes food at the same rate as other goods.

Australia exempts basic foods including fruit, vegetables, unflavoured milk, cheese, eggs, bread, cereals, meat, fish and baby food.

But it taxes "luxuries" such as biscuits, ice cream, carbonated drinks, restaurant meals and takeaways.

Removing GST from all food in New Zealand would cost the Government about $2.4 billion a year.

Taking it only off fruit and vegetables would cost about $300 million a year.

FOOD TAXES

Most food exempt: Britain, Ireland.

Basic foods exempt: Australia, Canada, Mexico, South Korea.

Food taxed at lower rate: Austria, Belgium, Czech Republic, Finland, France, Greece, Hungary, Iceland, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland, Turkey.

Food taxed at same rate as other goods: Denmark, Japan, New Zealand.

No GST: United States.

 

Looming Worldwide Food Crisis

⊆ 06:36 by Red Pill | ˜ 0 responses »