What caused our inflation to be 7%?

[TOM4CWB]

Motivation is an interesting perspective to observe…

Warren Buffet is giving away all his assets before or upon his death.

What we treasure in our hearts… motivates our purpose…

Individual responsibility is an interesting and amazing opportunity to share our blessings with the world!
Cheers

[errolanderson]

Don’t look now media, but asset prices are now dropping, including food. Grocery margins have been exceptional . . . .

[Old Cowzilla]

Does that mean that all of us farmers are also in collusion since we have raised our prices so much over the same period of time?
You must go to the same economic school as chuck.
How your energy costs, ER raw material costs, higher CO2 taxes on absolutely everything, how your financing costs, higher labor costs, higher regulatory costs, higher uncertainty with shutdowns and supply chain surprises, had nothing to do with prices going up. It was all about collusion and agreed of business owners of course.
And razor thin profit margins that are acceptable in a stable business environment can be profitably maintained during inflationary volatile unpredictable economic times, when government intervention can sideswipe business plans without notice.

One thing we do know farmers not in collusion ( stabbing each other in back sometimes ) we just got what market would pay at the time. Price takers not makers grain prices had there own toilet paper moment and the party is coming to an end. Buts its quite clear the Westins of the country passed on carbon tax to the public but thats OK cause everbody thinks pretty boy will cut you a check for the difference. Just give me $5 back for that $10 and we will be ok.

[jazz]

Sounds like a little socialist crusade developing in here.

Inflation is a monetary phenomenon, nothing more. Has nothing to do with Putin. Inflation never went above 2% during the 2 Iraq wars. It has to do with money printing being thrown about into non productive areas. More than $7T was printed up in the US. Close to $30T world wide just to keep the flu bug at bay.

Stop blaming corporations, they simply rolled with the idiotic policies. Your local carpenter and coffee shop have marked things up just as high as Weston did.

Everybody knows the way to beat the bank is to own the bank. Buy up Westons and JD shares and ride the gouge if you think thats whats happening.

Or should we vote NDP instead.

[Partners]

Correct Jazz small towns prices have increased since 1 yr ago.
Only thing is they are not very busy now..

[AlbertaFarmer5]

Interesting example you brought up. George Weston Limited had a net profit margin of 5.15%. Compared to the last 10 years when the net profit margin has been closer to 2%.

I would call that razor thin. I certainly wouldn't be taking the risk of seeding a crop for a 2% profit. Or even 5%.

And yes, 5% is a big increase over 2%. And to the mathematically challenged socialists, the profit number looks big. Just like the renewable energy fanatics like to point at the astronomic percent increase of solar, from statistically 0, to any number greater than 0 as some sign of success. Instead of using the actual values.

If you think those profit margins are too high, then I suggest you take Jazz's advice and buy the stock and participate in the windfall.

[TASFarms]

Interesting example you brought up. George Weston Limited had a net profit margin of 5.15%. Compared to the last 10 years when the net profit margin has been closer to 2%.

I would call that razor thin. I certainly wouldn't be taking the risk of seeding a crop for a 2% profit. Or even 5%.

And yes, 5% is a big increase over 2%. And to the mathematically challenged socialists, the profit number looks big. Just like the renewable energy fanatics like to point at the astronomic percent increase of solar, from statistically 0, to any number greater than 0 as some sign of success. Instead of using the actual values.

If you think those profit margins are too high, then I suggest you take Jazz's advice and buy the stock and participate in the windfall.

That 2% profit margin is after all the top bass has sucked out their big wages and bonuses

[Old Cowzilla]

Try and jam $50 in your pocket after buying, feeding, selling grassers 2-3 % pretty dam close.

[tweety]

Interesting example you brought up. George Weston Limited had a net profit margin of 5.15%. Compared to the last 10 years when the net profit margin has been closer to 2%.

I would call that razor thin. I certainly wouldn't be taking the risk of seeding a crop for a 2% profit. Or even 5%.

And yes, 5% is a big increase over 2%. And to the mathematically challenged socialists, the profit number looks big. Just like the renewable energy fanatics like to point at the astronomic percent increase of solar, from statistically 0, to any number greater than 0 as some sign of success. Instead of using the actual values.

If you think those profit margins are too high, then I suggest you take Jazz's advice and buy the stock and participate in the windfall.

And I thought the thread was about "What caused our inflation to be 7%"

Since sharp increase in profits and price increase isn't causing inflation, how about you say what is then?

[AlbertaFarmer5]

And I thought the thread was about "What caused our inflation to be 7%"

Since sharp increase in profits and price increase isn't causing inflation, how about you say what is then?

Now you are just avoiding the topic that you brought up in the first place. You made the patently false claim that as a result of collusion, their profit margins were huge. You denied my claim that they are razor thin. Now when I point out that they were and still are razor thin, you don't have any comeback..