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Supply, demand and prices #finance

Basic economics tell us that supply and demand dictate prices. The current over-supply of oil has reduced the price to under $50 a barrel but is this rule always true and what drives demand? If everyone gets a pay rise, demand is increased but where does the money come from? All money comes from central banks, of course, and so it is the central banks that create demand by printing money.

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Thrifty | Price rises

Egg, Chips and Peas

Egg ‘n’ Chips

The price of eggs has gone up in Asda (Wal-Mart) and so I’ve had to buy them from Aldi; still the same price and they are all the same size unlike the Asda eggs that were all different. Every time I mention eggs someone says, “We have free range.” I feel like being facetious and asking if they have double yolks, which of course they do.  Then I can suggest all the eggs have double yolks from the farm next to the nuclear power station; all 4 legged chicken eggs have double yolks! I stay quiet, safe in the knowledge that my eggs have the lion mark and have been immunised against salmonella.


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