Why are prices going up ?
Has anyone noticed prices keep going up everyday ? Not just for gasoline but for basic necessities like fruits, vegetables, bread, milk, movie tickets, clothing, etc, etc, etc. Even food prices in restaurants continue to go up all the time. In Southern California many businesses continue to shut down, they have less customers everyday. Yet, their only constant is to raise prices ! I think way too many business are taking advantage of the economy problems and once they raise prices they never reduce them in the future. We are being ripped off !
- Anonymous1 decade agoFavorite Answer
The supply of money is being radically increased with all the huge bailouts.
The natural order of events, since money is becoming less scarce is for prices to go up. It really has more to do with supply and demand. The economy is being saturated with money.
If the FED continues to print more money and put it into our fractional reserve system, and if it becomes to saturated, then we could go into hyper inflation, where a hamburger costs $100. You may end up making $200,000 a year, but so will everyone else, so you really gain nothing except we can no longer compete in the global economy because the whole house of cards that has been created by our money system has come tumbliing down and the world has said, phuk the dollar standard, we're going over to the Yuan, or Euro, or whatever currency is stable.
So who makes our money?
Well, it ain't the federal government
Then who is it?
As close as the money in your pocket.
Look at the back of a dollar bill
It says Federal Reserve System
How many of you know that system is privately owned?
How many of you know that the Federal Reserve System is controlled by a few banks and a handful of very rich people?
How many of you know that the chairman of the Federal Reserve System is probably the most powerful man on the planet?
The Federal Reserve System controls our money supply
Prints our money
Controls our Interest rates
encourages you to be in debt
lends money to our government while you the tax payer are paying interest on that debt.
That our money is not backed by anything tangible, such as gold or silver, but only backed with a promise.
In short, they control just about every aspect of your life, your money, your credit cards, your mortgage, your car loan, student loans, your retirment, etc.
Including having their hands in getting us involved in money making wars.
The smartest thing I ever did was chose to live debt free about 20 years ago. It is amazing how much of our money is eaten up by the Federal Reserve System, and how much more disposable income I had because I made the right choice.
And more information about the federal reserve system:
And this audio from Congressman Ron Paul
For more information about this and other important issues, download this:
Then I would tune into:
Exposing 9/11, police state and tyranny
Documentaries about 911 and other social issues over and over again.
"Let me issue and control a nation's money and I care not who writes the laws."
Mayer Amschel Rothschild
"Whoever controls the volume of money in our country is absolute master of all industry and commerce...."
"If there were no debts in our money system, there wouldn't be any money"
Chairman and Governor
of the Federal Reserve Board
In another words, our monetary system is a debt system and only a debt system with no real money, only a promise.
If all our debt both public and private were paid off, there would be no money at all.
Thus the money makers want you and our government to be in debt.
Think about it
"This is a staggering thought. We are completely dependent on the Commercial Banks
Someone has to borrow every dollar we have in cirulation, cash or credit.
If the Banks create ample synthetic money, we are prosperous; if not we starve.
We are, absolutely, without a permanent money system.
When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is"
Robert H Hemphill
Federal Reserve Bank
- 4 years ago
The hike in petrol price was necessitated because of increase in prices of crude oil in the international market, Union Finance Minister Pranab Mukherjee said. "The price of crude oil in the international market has touched $90 a barrel. Petrol prices have been deregulated already. So the hike in price was in parity with international prices," Mukherjee said. While consumers are undoubtedly unhappy and the country's opposition political parties have begun to exploit this unhappiness, the Union government had no option but to hike petrol prices. Analysts say that there is no convincing case for subsidising petrol, even if there can still be some case for subsidising diesel and kerosene. These are all old arguments that have been gone through for over a decade now. It was the so-called 'R group', headed by economist Vijay Kelkar, a former petroleum secretary, that first laid out the road map for deregulation of petrol and petroleum product prices over a decade ago, said a Business Standard report some days ago. The argument is based on the simple principle that an import-dependent nation like India cannot afford to encourage excessive consumption of energy based on unrealistically low prices. =========================== Butter Flutter
- 1 decade ago
Rich People like to see poor people starving and dieying by sickness
Non-throwing surplus of food in the oceans
Non-burning of surplus crops
Donated food to the poor and hungry people in Africa and South Asia
Abolition of taxes and customs
Zamjeni taxes distributed alms to the poor and the poor and orphans, widows and divorced women and the poor
Instead of the tax stolen by the government of the people and contributed to the outbreak of wars in Israel, Iraq, Afghanistan and Sudan and Somalia, and Bush and Herzegovina and Chechnya
We must help the people that the government forced the pharmaceutical companies and food and clothing in order to reduce the prices of their products
Must prevent the exploitation of the invention in the food oil
عدم رمي الفائض من الطعام في المحيطات
عدم حرق الفائض من المحاصيل
التبرع بالطعام للمساكين و الجوعى في أفريقيا و جنوب أسيا
الغاء الضرائب و الجمارك
إستبدال الضرائب الزكاة التي توزع للفقراء و المساكين و الأيتام و الأرامل و المطلقات المساكين
بدل الضرائب التي تسرقها الحكومة من الشعب ثم تتبرع بها لإشعال الحروب في إسرائيل و العراق و أفغانستان و السودان و الصومال و البوسه و الهرسك و الشيشان
لا بد أن تساعد الحكومه الشعب بأن تجبر شركات الأدوية و الملبوسات و الأغذية لكي يخفضوا أسعار منتجاتهم
يجب منع إستغلال الطعام في إختراع البترول
- 1 decade ago
the prices are going up because the economy is bad
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- Michael DLv 71 decade ago
franco, what do you think inflation means?
- 1 decade ago
THE ACONOMY SUCKS !!!!!!!!!!!!! WE MIGHT GO INTO ANOTHER DEPRESSIONSource(s): LIFFEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE