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How is my thinking dangerous? Not allowing profit is dangerous, because it won't attract suppliers. High prices might prompt some people elsewhere to reduce th

How is my thinking dangerous? Not allowing profit is dangerous, because it won't attract suppliers. High prices might prompt some people elsewhere to reduce their consumption, in favor of ones more in need. You can address some of the future price uncertainties with a futures market. That way, you can see what the price you'll get in 7 months' time, and decide what you should plant. But if a place has no means of growing food and no money, why stay there?

ClumsyPilot 4y ago
> High prices might prompt some people elsewhere to reduce their consumption By dying. There is a famine in madagascar right now.v > in favor of ones more in need. Do you need 1 kg of bacon more than a poor family in madagascar needs 10kg of wheat that was used to feed your bacon? > How is my thinking dangerous? Because men than need to feed their children might grab torches and pitchforks Free market does not store food hust in case of a. once in a decade famine. Free market has never been effective at disaster responce in any country on earth.
- kragen 4y ago
  there is a famine in madagascar right now because the government imposed price ceilings on rice, flour, sugar, cooking oil, gas and cement last april http://country.eiu.com/article.aspx?articleid=662033449&Country=Madagascar&topic=Economy&subtopic_1 http://country.eiu.com/article.aspx?articleid=662033449&Coun... predictably this resulted in widespread food shortages by contrast, all other poor countries are not experiencing famines right now
  - eru 4y ago
    > by contrast, all other poor countries are not experiencing famines right now Well, apart from basket cases like North Korea perhaps. But that fits right into your explanation.
- danuker 4y ago
  In Romania, there is a wave of people installing their own electricity production in response to the higher prices. This will reduce electricity demand, and therefore prices, including for other countries. This is an example of government getting out of the way (and deciding against the former oligopoly of energy suppliers). https://www.energynomics.ro/en/anre-the-number-of-prosumers-will-reach-100000-next-year/ https://www.energynomics.ro/en/anre-the-number-of-prosumers-...
  - ClumsyPilot 4y ago
    Let's examine this claim - currently there are 20,000 people and there is projection that it will eventually reach 100,000. Am I correct in understanding that we are talking about 0.1% of the population today and 0.5% of the population in two years? A greater percentage of population in Britain own and ride horses - so I could write about a great opportunity of having transportation independent of governments, fuels, etc.

ClumsyPilot 4y ago

> High prices might prompt some people elsewhere to reduce their consumption By dying. There is a famine in madagascar right now.v > in favor of ones more in need. Do you need 1 kg of bacon more than a poor family in madagascar needs 10kg of wheat that was used to feed your bacon? > How is my thinking dangerous? Because men than need to feed their children might grab torches and pitchforks Free market does not store food hust in case of a. once in a decade famine. Free market has never been effective at disaster responce in any country on earth.

kragen 4y ago
there is a famine in madagascar right now because the government imposed price ceilings on rice, flour, sugar, cooking oil, gas and cement last april http://country.eiu.com/article.aspx?articleid=662033449&Country=Madagascar&topic=Economy&subtopic_1 http://country.eiu.com/article.aspx?articleid=662033449&Coun... predictably this resulted in widespread food shortages by contrast, all other poor countries are not experiencing famines right now
- eru 4y ago
  > by contrast, all other poor countries are not experiencing famines right now Well, apart from basket cases like North Korea perhaps. But that fits right into your explanation.
danuker 4y ago
In Romania, there is a wave of people installing their own electricity production in response to the higher prices. This will reduce electricity demand, and therefore prices, including for other countries. This is an example of government getting out of the way (and deciding against the former oligopoly of energy suppliers). https://www.energynomics.ro/en/anre-the-number-of-prosumers-will-reach-100000-next-year/ https://www.energynomics.ro/en/anre-the-number-of-prosumers-...
- ClumsyPilot 4y ago
  Let's examine this claim - currently there are 20,000 people and there is projection that it will eventually reach 100,000. Am I correct in understanding that we are talking about 0.1% of the population today and 0.5% of the population in two years? A greater percentage of population in Britain own and ride horses - so I could write about a great opportunity of having transportation independent of governments, fuels, etc.