Join the new world

The alternate title for this article is "another day, another haircut". Producers have been taking a hammering over the past month, with average prices in all markets sinking like the dreams and aspirations of would-be captains of industry.

Normally I accompany my charts with a little commentary, but to be honest there's nothing I can say that the pictures don't scream at you 1,000 times louder so let's just drink it in...

FOOD PRICES



WEAPONS PRICES



RAW MATERIALS PRICES



Consumers rejoice, producers weep.

SALARIES



'Nuff said - Wage earners rejoice, employers weep.

What to do? Prices keep on dropping, wages keep on rising. One thing is for sure, investing in a company right now is becoming less and less viable. The best value "work as manager" company (Q4 raw materials) now takes almost 6 months to achieve payback and with the currency/gold exchange rate continuing to deflate ($1740 per gold when I just checked) there's no mitigating factors at all.

The current economy is great for wage earners and gold buyers. Traders can still make a buck buying low and selling back at default prices, but as sellers get more savvy the margins are getting narrower all the time.

OTHER ISSUES OF INTEREST

In a recent article esteemed citizen and presidential advisor Majester proposed a radical review of Australia's taxation system. A resulting bill is now under discussion in senate and the first outcome, a reduction in income tax from 10% to 1% is currently being voted on. For the average wage earner this should mean an extra $18 per day in the hip pocket. Combined with ever-decreasing prices this should make life for the average wage-earner even better. Discussion continues on the other components of the tax review, if you're a member of the Aus Citizens group on the forum you can follow the discussion thread.