Massive Manipulation Of Food Prices Alleged Given Steep Drop In Price of Commodities

makloda · Jan 15, 2009

Food prices (supermarket retail items, fast food, full-service restaurants) are dirt cheap in the US compared to the UK, Switzerland or Japan. Most Americans don't realize this.

local_crusher · Jan 15, 2009

Not only in the US.

Also in Europe, prices for many products were even raised since cmdty prices imploded.

Interesting: Prices for products which are shipped over long distances (fruit conserves) were raised by 100% during crude peak and are now not lowered by a cent.

ByLoSellHi · Jan 15, 2009

Quote from me2:

'massive manipulation' - nice topic title conspiracy theorist.

prices will be adjusted lower by sellers if no one buys moron.

Wholesalers and retailers love sucker mentalities like yours, sheep.

Baaaa....baaaa...

harkm · Jan 15, 2009

Quote from makloda:

Food prices (supermarket retail items, fast food, full-service restaurants) are dirt cheap in the US compared to the UK, Switzerland or Japan. Most Americans don't realize this.

Having the reserve currency has its perks.

Anaconda · Jan 15, 2009

Quote from makloda:

Food prices (supermarket retail items, fast food, full-service restaurants) are dirt cheap in the US compared to the UK, Switzerland or Japan. Most Americans don't realize this.

The food quality is also on very different levels.

When it comes to REAL food, the prices are the same in all 1st world (is that even applicable anymore) nations.

At the same time, food prices in Southeast Asia are dirt cheap compared to US. The food is also of vastly superior quality.
What does that say about US?

me2 · Jan 15, 2009

'massive manipulation' - nice topic title conspiracy theorist.

prices will be adjusted lower by sellers if no one buys moron.

Wholesalers and retailers love sucker mentalities like yours, sheep.

Baaaa....baaaa...

----------------
so go picket u whiner

LVMises · Jan 21, 2009

Quote from MGJ:

thank you

glad to know someone on this board knows how to use google

now, google this: intellectual idiot

DreamerLikeYou · Jan 21, 2009

Quote from Ivanovich:

As someone who works in the consumer goods/staples industry, and who is involved in price setting, I can tell you that the reason many CPG companies aren't lowering their prices has nothing to do with conspiracy. It is more based on the belief that these lower prices will not be here to stay, and it is expensive and a long process for us to change our pricing structure - not to mention brand strategies that first have to be understood (in relation to competition).

Incidently, food prices showed a 1.5% drop in the latest reading - the best since 2006.

WOW A BIG ASS TRADER eh

well that explains why you are a moderator

Ivanovich · Jan 21, 2009

Never said I was a big ass trader. In fact, if you took the time to check it out, I have said numerous times that I trade forex as supplemental income.

But you'd rather shoot your mouth off and sound like a jackass instead of that.

Isn't it time you go make another username, cold/c-kid?

DreamerLikeYou · Jan 21, 2009

Quote from Ivanovich:

Never said I was a big ass trader. In fact, if you took the time to check it out, I have said numerous times that I trade forex as supplemental income.

But you'd rather shoot your mouth off and sound like a jackass instead of that.

Isn't it time you go make another username, cold/c-kid?

why do you refuse help when I try to help you

does it not make sense, to focus your free time (and don't tell me you don't have free time Mr. Moderator)

focus time on testing strategies, an old horse like me KNOWS you can't be making any money with your part time FX playing around

get serious or get lost

that is the truth