04-07-2020, 12:28 AM
(04-06-2020, 09:46 PM)LP link Wrote:I appreciate some of this can be explained away due to the loss of airline services, some things are hazardous or perishable freight and the availability to ship it is reduced, by it's not carte-blanche! At the moment ethanol is being turned into handsanitiser at 6000% markup, a $1000 IBC 100 Proof container is turned into a $60,000 IBC 62% Proof handsanitiser. One joint down our way is even getting the Fed wage subsidy to do it, FFS! Keep in mind, ethanol is historically cheaper than petrol, but you can't run it in your car because it detonates before ignition timing!
You 'd expect the baddies will gouge and get out before repercussions hit, and they will eventually hit as the Feds try to recovery misappropriated funds and taxes(alcohol is a good example).
Another prime example is food basics, raw ingredients, pet supplies. None of it is in short supply, in fact the opposite, there is a short term glut. Supermarkets are gouging some items horrendously, flour is a great example, you can pretty much buy the good stuff off your local baker for 1/2 the price supermarkets are now charging.
Some things are being price smashed, lamb, lower than it's been per-kilo for years, but just weeks ago they were claiming the national flock was decimated by fires and prices would sky-rocket. Now Supermarkets $19/kg, local butchers $14/kg. wtf? I appreciate region to region price differences, but that $5/kg variance is one suburb.
Be smart people, things have changed and will keep changing!
Online Butchers are going @$60-80kg for Scotch Fillet etc......?