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User Name Thread Name Subject Posted
autolycus BS: Prices rising. Causes other than unions. (29) RE: BS: Prices rising. Causes other than unions. 11 May 12

I did ask about causes other than unions, who have been pretty nullified by law for many years from having much impact.

Here are some more reasons from another talkboard.

More global competition from China et al for fuel and raw materials.

Rising wages and costs in China et al.

25% drop in value of makes all imported stuff more expensive.

Putting VAT up to 20% makes all stuff more expensive.

Less sales overall due to economic situation, so prices for regular customer base sometimes have to be put up to compensate for this, otherwise small companies will go out of business.

we have a debt-based monetary system. Money is created when somebody or government takes on more debt. The more money created means more pounds are chasing after each consumable or asset. For things we import, if our debt levels are rising faster than the country's debt we're importing from, then prices will generally rise.

Any more,[and the more concisely put the better for clarity.

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