Comments on: Inflation has a Bigger Agenda http://www.dailyreckoning.com.au/inflation-has-a-bigger-agenda/2008/04/16/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: william http://www.dailyreckoning.com.au/inflation-has-a-bigger-agenda/2008/04/16/comment-page-1/#comment-18571 william Thu, 17 Apr 2008 08:13:13 +0000 http://www.dailyreckoning.com.au/?p=2463#comment-18571 regarding the food chain in aus,we've had a decade and more in some areas, of less than optimal rain, wich means that actual grain harvests are down in volume.storage levels are at all time lows.the drought has meant that stock numbers are down across most of the country, a lot of breeding stock were sold and slaughtered during the drought and most farmers are well down on numbers compared to a decade ago.prices for produce have been reasonably good in recent years at face value, but costs have soared especially in the last 2 years.managed investment schemes are buying some of the best farmland in the southeast nsw, and planting pine trees, wich people cant eat.I dont know what the official average age of farmers is, but almost all the farmers I know are my fathers age and ready for retirement.there are very few people in their 20's and 30's who are taking over the family farm, very few that age working on farms with a long term career view. conventional farming in aus is in dire straights, wich means food production is also in dire straights.if/when food becomes to expensive or unavailable for "the silent majority", howards battlers and the true beleivers, the economic scenario pales into insignificance. farmers can deal with drought, and bad governance inflicting mountains of ridiculous laws on us, and with parasitic "free market" suppliers of business inputs, and with subsidised competitors in other countries, but not all at once.and unless the governments of aus wake up to this situation and take steps to even up the playing feild, the urban population will be paying top dollar for imported low quality food, because there wont be the relatively cheap top shelf stuff home grown. I realise that the cycles of economics and human activity have impact on peoples lives in various ways and measure, but if food supply isnt jealously protected and nurtured, most other cycles become largely irrelevant for the vast majority. regarding the food chain in aus,we've had a decade and more in some areas, of less than optimal rain, wich means that actual grain harvests are down in volume.storage levels are at all time lows.the drought has meant that stock numbers are down across most of the country, a lot of breeding stock were sold and slaughtered during the drought and most farmers are well down on numbers compared to a decade ago.prices for produce have been reasonably good in recent years at face value, but costs have soared especially in the last 2 years.managed investment schemes are buying some of the best farmland in the southeast nsw, and planting pine trees, wich people cant eat.I dont know what the official average age of farmers is, but almost all the farmers I know are my fathers age and ready for retirement.there are very few people in their 20's and 30's who are taking over the family farm, very few that age working on farms with a long term career view.
conventional farming in aus is in dire straights, wich means food production is also in dire straights.if/when food becomes to expensive or unavailable for "the silent majority", howards battlers and the true beleivers, the economic scenario pales into insignificance.
farmers can deal with drought, and bad governance inflicting mountains of ridiculous laws on us, and with parasitic "free market" suppliers of business inputs, and with subsidised competitors in other countries, but not all at once.and unless the governments of aus wake up to this situation and take steps to even up the playing feild, the urban population will be paying top dollar for imported low quality food, because there wont be the relatively cheap top shelf stuff home grown.
I realise that the cycles of economics and human activity have impact on peoples lives in various ways and measure, but if food supply isnt jealously protected and nurtured, most other cycles become largely irrelevant for the vast majority.

]]> By: Diggin it! http://www.dailyreckoning.com.au/inflation-has-a-bigger-agenda/2008/04/16/comment-page-1/#comment-18545 Diggin it! Thu, 17 Apr 2008 04:37:51 +0000 http://www.dailyreckoning.com.au/?p=2463#comment-18545 The other problem with that current system is it creates a culture of laziness amongst the inhabiting culture, where those that should work will not and they become dependant on the system, from there a new generation is born that absorbs these principals of system living and lack nor require the motivation to be self dependant. The other problem with that current system is it creates a culture of laziness amongst the inhabiting culture, where those that should work will not and they become dependant on the system, from there a new generation is born that absorbs these principals of system living and lack nor require the motivation to be self dependant.

]]> By: Unpopular Truth http://www.dailyreckoning.com.au/inflation-has-a-bigger-agenda/2008/04/16/comment-page-1/#comment-18538 Unpopular Truth Thu, 17 Apr 2008 04:06:14 +0000 http://www.dailyreckoning.com.au/?p=2463#comment-18538 No, the uncontrolled immigration (more applicable to the US than Australia) is only so that they can supply a cheap labor force to do the bad jobs that existing citizens do not wish to do. If they cut off immigration, then citizens will take up the jobs. Not because they want to, but because they need doing regardless. If you cant find someone cheaper to do it, you pay more. If you have to pay twice as much for your cleaners, burger flippers and factory workers, then everything you make costs more. This in turn drives inflation as the cost of things go up, again forcing wages up to try and stay competitive. Given that within a country wages are a relative thing, the cycle then continues anew. No, it's much easier to get poor people from 3rd world countries to come in and do the job cheaply. They get an opportunity to get out of poverty, and we get to have cheaper things. It's win-win... ..Until there are more of them than the original inhabitants :) Then you're in trouble No, the uncontrolled immigration (more applicable to the US than Australia) is only so that they can supply a cheap labor force to do the bad jobs that existing citizens do not wish to do.

If they cut off immigration, then citizens will take up the jobs. Not because they want to, but because they need doing regardless. If you cant find someone cheaper to do it, you pay more. If you have to pay twice as much for your cleaners, burger flippers and factory workers, then everything you make costs more. This in turn drives inflation as the cost of things go up, again forcing wages up to try and stay competitive. Given that within a country wages are a relative thing, the cycle then continues anew.

No, it's much easier to get poor people from 3rd world countries to come in and do the job cheaply. They get an opportunity to get out of poverty, and we get to have cheaper things. It's win-win...

..Until there are more of them than the original inhabitants :) Then you're in trouble

]]> By: dianna http://www.dailyreckoning.com.au/inflation-has-a-bigger-agenda/2008/04/16/comment-page-1/#comment-18515 dianna Thu, 17 Apr 2008 02:20:03 +0000 http://www.dailyreckoning.com.au/?p=2463#comment-18515 Just one brief statement.....Australia went along with America's liberal, diverse policies, over the past several decades, although I think reluctantly (don't believe the people wanted it, but neither did the American citizens)...even so, now your country, as well as several other "democracies" are paying the price with higher costs of living, taxation, and uncontrolled immigration laws which allow thousands of people to enter from all over the globe...many of whom have no education or skills and therefore have to be taken care of by the government of their host country.....it's a sad situation. Just one brief statement.....Australia went along with America's liberal, diverse policies, over the past several decades, although I think reluctantly (don't believe the people wanted it, but neither did the American citizens)...even so, now your country, as well as several other "democracies" are paying the price with higher costs of living, taxation, and uncontrolled immigration laws which allow thousands of people to enter from all over the globe...many of whom have no education or skills and therefore have to be taken care of by the government of their host country.....it's a sad situation.

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