Let’s make things more expensive for customers… | Page 7 | GTAMotorcycle.com

Let’s make things more expensive for customers…

Printing copious amounts of money, then handing it out to anyone that asked devalues a currency. If the currency is worth less, and the value of the products hasn't changed, then the price goes up. That's inflation. Anyone except Robert Mugabe can grasp this I assume. I know people that were getting not one, but two CERB benefits because they had two jobs that they couldn't go back to. They were getting more money on CERB than when they worked. Then surprise, people didn't want to go back to work when they could.

Sweden had no CERB, printed no extra money, and lowered their national debt during COVID.

As for the original topic of this thread, I think the gov't should have forced businesses to charge the 2% for using credit cards. Seeing as that's not going to happen, businesses should give 2% discounts to anyone paying cash/debit to promote their use. Like truck diesel stations do.
 
Renboy said:
Printing copious amounts of money, then handing it out to anyone that asked devalues a currency. If the currency is worth less, and the value of the products hasn't changed, then the price goes up. That's inflation. Anyone except Robert Mugabe can grasp this I assume. I know people that were getting not one, but two CERB benefits because they had two jobs that they couldn't go back to. They were getting more money on CERB than when they worked. Then surprise, people didn't want to go back to work when they could.

Sweden had no CERB, printed no extra money, and lowered their national debt during COVID.

As for the original topic of this thread, I think the gov't should have forced businesses to charge the 2% for using credit cards. Seeing as that's not going to happen, businesses should give 2% discounts to anyone paying cash/debit to promote their use. Like truck diesel stations do.
Click to expand...
Didn't Sweden go herd immunity instead of shut downs? No shut downs no need for CERBs.

It used to be CCs couldn't be used for groceries because the built on cost was shared by those not using credit. Those no using credit were often the lower income.

In many ways the government loves credit cards. It limits the cash to back pocket transactions.
 
mimico_polak said:
Here…more good news!

Canadian home energy costs to spike by up to 100 per cent on average this winter: analyst

Most Canadians who pay for natural gas or electricity can expect their bills to rise by between 50 and 100 per cent on average this winter, according to one energy analyst.
beta.ctvnews.ca beta.ctvnews.ca
Click to expand...
Accurate forecast or fanning the flames???

If the above news item goes viral people will brace for the massive increase. The energy companies will smell blood and come in with a slighter lower number, saying "See, we're not greedy." when they could have been happy at a 15% increase.

If only we could heat our homes by the flame fanning of special interest groups.
 
sburns said:
Please explain to us simple fok how people benefiting from CERB, people who basically could not work because of restrictions, caused inflation. As far as I am concerned inflation is caused by greed. Oil patches haven't dried up, food is still being produced, wood pricing was clearly being manipulated, there was plenty of toliet paper even after hording, and gov taxes collected, and so on...
Click to expand...
I have a well to do friend that lives in a luxury modern condo. He doesn't have room to store a Costco bale of TP or paper towels. Unlike house owners with basements and two car garages to store stuff, millions of people without storage space pick up a couple of rolls of TP every week.

When they got hit with the shortage they made places for the TP and millions of spare rolls of TP flew off the shelves. The distribution network couldn't adjust fast enough so there were shortages. The demand was such that someone was going to be a profiteer. If it wasn't a store it would be a back lane bandit.

Wage and price controls can't work well unless the entire world is in agreement with the numbers and rules.
 
The government needs to focus on doing government stuff , not getting into regulating groceries or managing CC costs. That is for the private sector to deal with and they will. But citizen joe needs to ball up and just say " ok Galen, we arent going near your stores for 30? days till you stop being a prick, Put your CC in a drawer for 30days , banks will get the message.
We are soft.
 
mimico_polak said:
Hooray...my mortgage just went up $200/month. FML.
Click to expand...
I'm expecting the same thing next year when I'm due to renew. But after my property tax shot up $100.00 a month last year it came down $14.00 a month this year. I was actually shocked it was not another increase.
 
mimico_polak said:
Wife was $500 over the threshold. She wanted to apply, I got cold feet….I regret it now.

I also don’t think CERB would cause this type of inflation. This is more (IMO) lack of actual items and people wanting it. Simple supply and demand.

Companies figured out people will pay, so here we are.
Click to expand...
I don't think you can blame it on CERB alone -- dump $400Billion cash into a market and you'll have cash chasing goods. If there are restrictions on the supply of goods, prices go up. At some point, wages start to chase inflation - when that happens it prolongs the agony.

The feds are playing with fire right now, the economy is cooling off fast -- too many hikes in interest could bring on a painful recession. That brings another type of extreme hardship to Canadians - job losses and wage cuts.
 
Jampy00 said:
I'm expecting the same thing next year when I'm due to renew. But after my property tax shot up $100.00 a month last year it came down $14.00 a month this year. I was actually shocked it was not another increase.
Click to expand...
I’m shocked my car insurance stayed the same this year.

Not looking forward to the property tax increase.
 
crankcall said:
The government needs to focus on doing government stuff , not getting into regulating groceries or managing CC costs. That is for the private sector to deal with and they will. But citizen joe needs to ball up and just say " ok Galen, we arent going near your stores for 30? days till you stop being a prick, Put your CC in a drawer for 30days , banks will get the message.
We are soft.
Click to expand...

I am a socialist at heart but also heed Thatcher's comment "Eventually you run out of other people's money to spend."

It would be brutal but what if we stopped non government socialism? No food banks. No subsidized housing. No rent controls. No soup kitchens.

Let the SOBs that created the mess get faced with it. Yup, people freezing and starving on the streets. "But, but, but" they stutter "The government said blah, blah, blah.

It happens in families as well when the loser kid is repeatedly told "This is the last time I'm going to bail you out."

The end result would likely be the type of violence we see in US ghettos as the ne-er do wells form their own street gang governments with associated economies.

The three strike laws prevalent in some US states have a degree of merit but short of executing the third strikers the other option is they end up housing them for life at great expense. Isn't there a brain somewhere that sees the problem? The flogging will continue until morale improves.

Since I'm wearing my Attila the Hun hat I'll throw in the need for a general strike by car drivers. Fix insurance, fix the bicycle Nazis, fix HTA 172 and its spawn.
 
mimico_polak said:
I’m shocked my car insurance stayed the same this year.

Not looking forward to the property tax increase.
Click to expand...
So far I have been lucky as everything has stayed pretty much the same. To me this is considered a "win"
 
nobbie48 said:
I am a socialist at heart but also heed Thatcher's comment "Eventually you run out of other people's money to spend."

It would be brutal but what if we stopped non government socialism? No food banks. No subsidized housing. No rent controls. No soup kitchens.

Let the SOBs that created the mess get faced with it. Yup, people freezing and starving on the streets. "But, but, but" they stutter "The government said blah, blah, blah.

It happens in families as well when the loser kid is repeatedly told "This is the last time I'm going to bail you out."

The end result would likely be the type of violence we see in US ghettos as the ne-er do wells form their own street gang governments with associated economies.

The three strike laws prevalent in some US states have a degree of merit but short of executing the third strikers the other option is they end up housing them for life at great expense. Isn't there a brain somewhere that sees the problem? The flogging will continue until morale improves.

Since I'm wearing my Attila the Hun hat I'll throw in the need for a general strike by car drivers. Fix insurance, fix the bicycle Nazis, fix HTA 172 and its spawn.
Click to expand...
I think the gov't and unions stopped a lot of great 'non-govt' social programs. When I grew up, churches and people in the community did a lot more of this work for free or at very reasonable costs. A few things I've seen evaporate away:

- Competitive youth sports administrators and coaches were never paid salaries
- Moms with young children provided reasonable cost in-home daycare before they were sullied with the "Unlicenced" branding.
- Church volunteers did a lot of PSW volunteer work at nursing homes
- Our local IGA and commercial bakery set out leftover goods for needy folks at closing time
- Kids cut lawns and shoveled snow in their neighborhoods for a few extra bucks

I'm not a socialist at heart, but that doesn't mean I'm not compassionate. I support necessary social programs setup for those who are unable to care for themselves, and for those facing economic hardship.

But I also believe society is not responsible for supporting the able bodied lazy. They should be free to live as low as their level of personal responsibility takes them.
 
crankcall said:
The government needs to focus on doing government stuff , not getting into regulating groceries or managing CC costs. That is for the private sector to deal with and they will. But citizen joe needs to ball up and just say " ok Galen, we arent going near your stores for 30? days till you stop being a prick, Put your CC in a drawer for 30days , banks will get the message.
We are soft.
Click to expand...
Citizens are not organized, and don't get socially active until they feel a very high level of pain. We not even close to that, so Galen and Bharat are still sleeping well.

Govt does have a role in protecting citizens from large businesses that have wrestled control, or colluded to control free markets. Grocery chains, media, telecom, banking and utilities do not really run in a free market, they need oversight.
 
Mad Mike said:
Citizens are not organized, and don't get socially active until they feel a very high level of pain. We not even close to that, so Galen and Bharat are still sleeping well.

Govt does have a role in protecting citizens from large businesses that have wrestled control, or colluded to control free markets. Grocery chains, media, telecom, banking and utilities do not really run in a free market, they need oversight.
Click to expand...
Government should have a role in protecting us but the way they run the oversight, they form an integral part of the scam (see crtc, competition bureau never in history rejecting a merger but instead asking for token concessions, insurance industry granted every requested increase etc)
 
Mad Mike said:
I think the gov't and unions stopped a lot of great 'non-govt' social programs. When I grew up, churches and people in the community did a lot more of this work for free or at very reasonable costs. A few things I've seen evaporate away:

- Competitive youth sports administrators and coaches were never paid salaries
- Moms with young children provided reasonable cost in-home daycare before they were sullied with the "Unlicenced" branding.
- Church volunteers did a lot of PSW volunteer work at nursing homes
- Our local IGA and commercial bakery set out leftover goods for needy folks at closing time
- Kids cut lawns and shoveled snow in their neighborhoods for a few extra bucks

I'm not a socialist at heart, but that doesn't mean I'm not compassionate. I support necessary social programs setup for those who are unable to care for themselves, and for those facing economic hardship.

But I also believe society is not responsible for supporting the able bodied lazy. They should be free to live as low as their level of personal responsibility takes them.
Click to expand...
Don't forget that a lot of those activities presented risks and if a kid got hurt because he stuck his finger into a bicycle chain the organizer could get sued. Liability for impromptu events is insane.
 
You must log in or register to reply here.

Back
Top Bottom