Comments by "Debany Doombringer" (@debanydoombringer1385) on "" video.
-
Tariffs only work when they're targeted. Japan, for example, has a 10% tarrif on the rice the US imports to them. It's to protect their own rice producers. Otherwise, the US could flood their market with cheaper rice, destroying their local rice farmers, and then jack the price up because they're now dependent on the imported good. Essentially, what China has done in the US. If the maple syrup guy in the example put their prices up to match the Canadian one, they're bad at business. The price might increase, but not to match the Canadian one because if theirs is cheaper, they'll get increased demand and make more money. Whereas if they increase to match the Canadian brand, they wouldn't make as much as they would if they kept it cheaper because they'd price out some of their consumers. As long as regulations are cut along with the tarrif, it also opens up the market for a new company to form to fill in the gap because it's created an opportunity.
87
-
16
-
10
-
1
-
1
-
@mosesbrown4126 When they complain about egg prices and someone responds with it being market forces caused by millions of chickens (and dairy cows) being put down due to bird flu, they then try to make fun of the fact people are aware of what happened. I think trying to present it as a conspiracy theory. We simply paid attention to the news. A few weeks ago there was an article about it. Which said the flocks were being put down, and California had lost almost all its dairy cows. I went to the store that day and stocked up on eggs and chicken because I knew prices were going to go up. To me, they're just proudly admitting they don't know how economies function and to cover their own ignorance, pretend everyone that does are spreading "disinformation." If I can stomach it, I'm going to watch the MSNBC of YouTube, Midas Touch, and see what they're actually being told, so I'll kind of understand what they believe.
To answer your question about regulations, particularly at the state level, they're redundant. The federal agency that regulates food sold in grocery stores already has all the safety guidelines required. You're state might have some that go beyond those, but they don't actually create a safer product, or so little it's negligible. That's called over regulation and it's used to prevent competition from smaller producers. It forces them to sign contracts with the big 2 chicken companies if they want to make any money because it makes it too expensive for anyone else.
1
-
1