More Food Placed on the Market from the Emergency Food Supply!
1ronman
Today, The Ministry of Industries (Canada/Government Corporation) placed an additional 999 food on the market for 0.85$. The amount of food in our emergency supplies continues to drop! I ask, anyone making a new company invest it in Food or Grain or we will continue to put more and more food from our emergency supply out on the market, and eventually it will run out and foreigners will be making a killing, while Canadians suffer paying more for food than they make in a day. I sincerely hope our government can come up with a long term solution for this problem soon but until then its up to us Canadians to invest in the Food or Grain Industry!
Comments
Lower the import tax, that should bring food companies, and when the crisis passes bring them up again.
k
Hi 1ronman,
If there is a legitimate food shortage in Canada, then I agree with you that our government should encourage the creation of new grain and food companies. However, why would anyone start one of these companies when our government is selling food at one-third the market price?
Releasing food reserves in a shortage is admirable, however selling them at a fraction of their market price has the perverse affect of discouraging citizens from buying food from private companies.
I believe our government should sell food reserves at a slightly above-market price, so that they become the supplier of last resort.
Yes, I agree that they should raise the price to probably 1$-1.2$ a piece but once the government sees new Food Companies popping up and selling for 1$ then they will take their Food off the market.
*Also, if anyone has extra gold and a moving ticket. I suggest going to the UK, selling 1 GOLD for 38GBP and buying Q1 Food 0.40 GBP a piece.