Price Hike Quotes

Kenya Power recently shocked the nation when they announced that they were making losses. We know it's a strategy to hike prices. Since there's no salvation for a loss-making monopoly, my country people, invest in solar & other forms of energy.

Rakitin doesn't understand it, all he wants is to build his house and rent out rooms...Life is simple for Rakitin: 'You'd do better to worry about extending mans civil rights,' he told me today, 'or at least about not letting the price of beef go up; you'd render your love for mankind more simply and directly that way than with any philosophies.' But I came back at him: 'And without God,' I said, 'you'll hike up the price of beef yourself, if the chance comes your way, and make a rouble on every kopeck.

The cultural Left has contributed to the formation of this politically useless unconscious not only by adopting “power” as the name of an invisible, ubiquitous, and malevolent presence, but by adopting ideals which nobody is yet able to imagine being actualized. Among these ideals are participatory democracy and the end of capitalism. Power will pass to the people, the Sixties Left believed only when decisions are made by all those who may be affected by the results. This means, for example, that economic decisions will be made by stakeholders rather than by shareholders, and that entrepreneurship and markets will cease to play their present role. When they do, capitalism as we know it will have ended, and something new will have taken its place. […] Sixties leftists skipped lightly over all the questions which had been raised by the experience of non market economies in the so-called socialist countries. They seemed to be suggesting that once we were rid of both bureaucrats and entrepreneurs, “the people” would know how to handle competition from steel mills or textile factories in the developing world, price hikes on imported oil, and so on. But they never told us how “the people” would learn how to do this. The cultural Left still skips over such questions. Doing so is a consequence of its preference for talking about “the system” rather than about specific social practices and specific changes in those practices. The rhetoric of this Left remains revolutionary rather than reformist and pragmatic. Its insouciant use of terms like “late capitalism” suggests that we can just wait for capitalism to collapse, rather than figuring out what, in the absence of markets, will set prices and regulate distribution. The voting public, the public which must be won over if the Left is to emerge from the academy into the public square, sensibly wants to be told the details. It wants to know how things are going to work after markets are put behind us. It wants to know how participatory democracy is supposed to function. The cultural Left offers no answers to such demands for further information, but until it confronts them it will not be able to be a political Left. The public, sensibly, has no interest in getting rid of capitalism until it is offered details about the alternatives. Nor should it be interested in participatory democracy –– the liberation of the people from the power of technocrats –– until it is told how deliberative assemblies will acquire the same know-how which only the technocrats presently possess. […] The cultural Left has a vision of an America in which the white patriarchs have stopped voting and have left all the voting to be done by members of previously victimized groups, people who have somehow come into possession of more foresight and imagination than the selfish suburbanites. These formerly oppressed and newly powerful people are expected to be as angelic as the straight white males were diabolical. If I shared this expectation, I too would want to live under this new dispensation. Since I see no reason to share it, I think that the left should get back into the business of piecemeal reform within the framework of a market economy. This was the business the American Left was in during the first two-thirds of the century. Someday, perhaps, cumulative piecemeal reforms will be found to have brought about revolutionary change. Such reforms might someday produce a presently unimaginable non market economy, and much more widely distributed powers of decision making. […] But in the meantime, we should not let the abstractly described best be the enemy of the better. We should not let speculation about a totally changed system, and a totally different way of thinking about human life and affairs, replace step-by-step reform of the system we presently have.

For Zuk and the other woman boycotters, this endeavor was not about escaping the confines of being working class, but about protecting the rights of the working class. What this strategy innately relies on is the foremost recognition that poor and working-class people have and deserve rights in the first place—and aren’t plagues on society who are lazy, unwilling to apply themselves, or should, through some elaborate matrix and suspension of systemic blockades, simply not be working class. Existing in this socioeconomic bracket with these intrinsic financial realities was a legitimate life, across their families as well as their neighbors. And this communal approach to understanding their needs and successes was anchored deeply in protecting food prices for everyone rather than reverse engineering their individual lives to accommodate the price hike.

A good rule to follow is to keep the price of your current resupply at or under the number of miles you’ve hiked since your last resupply. I’d hiked more than thirty miles of the trail up until this point and my resupply cost me $28.

Property management companies are hiking up prices, knowing full well that the average income in Ginger East isn’t that high and statistically won’t reach astronomical levels over the next five years. Outside pressure from police to ‘clean out’ the area.

Yeah.’ He peers at me like he can’t believe I don’t know. ‘People are seriously fucked off about a hike in taxes, petrol prices. It’s got pretty nasty … tear gas, water cannons, the lot. It’s all over the news. Surely you’ve seen something?’ ‘I’ve only been here

Each new acquisition emboldened Putin. At the end of 2005, Gazprom hiked the price of natural gas it delivered to Ukraine from a heavily discounted $50 per 1,000 cubic meters to $230, in line with prices charged in the rest of Europe. The increase was transparent retribution for Yushchenko’s flirtation with the West after taking power. Putin

Sometimes, as in the case of the copper companies, the nationalizations were achieved through legislation that won overwhelming support. (By now, no one in Chile loved the American companies; even the head of Chile’s Roman Catholic bishops declared that nationalization was right and just.) At other times the methods skirted or even overstepped the bounds of legality. The government would simply approve the seizures of farms and factories, one of those “loopholes” Allende was relying on. Perhaps the most important—and pernicious—method was by squeezing the companies economically, as he tried to do with El Mercurio. The government had the authority to approve price hikes and wage increases. Companies that were targets for takeovers were prohibited from raising their prices but were forced to raise their workers’ pay. Moreover, as the government extended its control of the banks, credit for distressed companies dried up. Forced bankruptcies were a favorite tool of Allende’s Socialists. And who was there to run these companies once they were taken over? Ambassador Davis reports: “Government-appointed managers were usually named on the basis of a political patronage system that would have put Tammany Hall to shame.” Many formerly profitable companies were soon incurring heavy losses. In the countryside, where peasants—often illiterate—were seizing control of the estates, there was resistance even to the simplest methods of accounting and cost calculation. As Allende told Debray, “We shall have real power when copper and steel are under our control, when saltpeter is genuinely under our control, when we have put far-reaching land reform measures into effect, when we control imports and exports through the state, when we have collectivized a major portion of our national production.” But it wasn’t just the economy that Allende was trying to control. He was also taking steps to centralize the government and restrict political freedom. He saw his most important political reform as replacing the bicameral legislature with a single chamber in order to strengthen the presidency and weaken congress’s ability to block his objectives. It would also have the power to override judicial decisions. He called the proposed new body the “People’s Assembly,” but he never gained sufficient support from the “people” to call a plebiscite on the question.

Why Did the Stock Market Crash? The most persuasive explanation for the 1929 stock market crash blames the Federal Reserve. Throughout the 1920s, but particularly in 1927, the Fed pumped artificial credit into the loan market, pushing down interest rates from their free-market level. Lower interest rates exaggerated the feeling of prosperity, and misled businesses and investors. In a laissez-faire market where money and banking are not disturbed by the government, the interest rate is a price that tells borrowers how much capital citizens have saved and made available to fund projects. But when the Fed adopts an “easy-money” policy by pushing down interest rates, this signal is distorted and the interest rate no longer does its job of channeling the available capital into the most deserving projects. Instead, an unsustainable boom develops, with firms hiring workers and starting production processes that will have to be discontinued once the Fed slows down its injections of new money. Many economists point to the Fed hikes in interest rates during 1928 and 1929 as the cause of the stock market crash. In a sense this is true, but the deeper point is that the crash was made inevitable by the bubble in the stock market fueled by the artificially cheap credit preceding the hikes. In other words, when the Fed stopped pumping in gobs of new money that pushed up the stock market, investors came to their senses and asset prices plunged back towards their pre-bubble level.

The ACA has a three-part structure. First, it bans insurers from denying coverage based on preexisting conditions. Standing alone, that provision would cause many consumers to postpone seeking insurance until they get sick, a tendency that would cause carriers to hike prices, deterring more people from buying policies. To prevent this fatal dysfunction and assure that healthy people jump into the insurance pool, the individual mandate upheld in 2012 requires that everyone obtain coverage. The third component— the one now under fire—is the provision of tax subsidies to allow less-well-off consumers to participate.

he hiked up the prices to lure in the yuppies and rich alcoholics. But the yuppies were all round the corner inhaling martinis and gawping at art while the rich alcoholics were away in Narnia with the rest of the mythical creatures. Paisley,

May 15, 0850 JST (May 14, 7.50 p.m. EDT) Bank of Japan data is expected to show wholesale prices fell 2.1 percent in the year to April, the first drop since March 2013, partly as effects of the sales tax hike taper off.

At the G20 meeting in South Korea, China’s President Hu dug his toes in over some text in the communique President Obama needed politically on currency issues. I watched Chancellor Angela Merkel of Germany and Prime Minister David Cameron of the United Kingdom execute a pincer movement, then he conceded. On Australia’s side of the ledger, tensions had risen when our government had eschewed the involvement of the Chinese company Huawei in building the NBN. We also risked Chinese ire by not stopping a fierce critic of China’s approach to human rights, a leader of the Uyghur ethnic group, from visiting Australia. China was also smarting about the price hikes they had experienced in coal and

Finally, the money to pay for an increased minimum wage must come from somewhere, and there are only four places from which it can come: other minimum wage workers, in the form of layoffs and reduced hours; higher wage workers, in the form of static or reduced compensation; investors, in the form of lower profits; or customers, in the form of higher prices. How much each of the groups pays for the minimum wage hike depends on how competitive the various marketplaces are.

When government raised the tax on petrol, gas stations just passed it on to people. Same with that on canned goods or alcohol, it was the people who bore all the toll. All tax hikes leading to price increments are strains on people, not establishments. Never would companies react on them: “They are taxes on people, not on them!

home prices don’t rise as fast or as much as Americans think, and even when they do, such levels are rarely sustainable (as we have seen in recent years). So there is often no financial justification for buying more house than you can afford in the hope that price hikes will reward you later.

This visual of two different worlds and planes of existence converging on a mountain top was actually quite amazing and eye opening to witness. The “haves” and the “have nots.”  It gave me a new perspective. More perspective than I feel I’d gained on the journey so far. People simply don’t know how good they have it, even when things seem terrible or difficult. Although I’d chosen to do this hike and live this way temporarily, I understood there were people out there who lived like this permanently, without any choice, while in much worse conditions and circumstances. Any Dick and Jane can say, “Yeah, I know there are people out there who live like that, and I understand and feel sorry for them.” I’m sure some people reading this are thinking that same thing. I’ll tell you right now, I’ve been to third world countries and you can see it, sympathize with it, and think you understand it; but in reality, you may not. Not until you’ve experienced and lived it for yourself. I thought I understood it simply by seeing it, but it wasn’t until I’d lived parts of that “have not” experience, that I realized just how much I didn’t understand it. Defecating outside and maybe not having toilet paper. Sleeping outside, not having running water or hot water, not having showers, and being miles from the nearest help. Not having whatever you want to eat every day or possibly running out of food, or not finding water. Not having electricity, not having climate control, and having your feet as your only means of transportation. Dealing with any and all elements whenever they should arise, as well as having limited hygiene products and smelling terrible every day. This only scratches the surface. I won’t pretend to know exactly what it’s like for people who are stuck in this lifestyle permanently, but in making this journey I certainly gained a much better understanding. I knew that even though it was the life I’d chosen to live at that time, I still had it better than probably half the people on the planet. I could get a reprieve (for a price) anytime I went into town. I could end any suffering, discomfort, and pain I experienced on any day I chose... but I didn’t.  I was enjoying the experience and perspective I was gaining on an almost daily basis. The time for personal reflection and the thousands of moments I had each day that belonged to me and only me was intoxicating. The whole experience was surreal, yet at the same time more real than anything in the modern world. Everything around you out there “is what it is” and isn’t trying to be anything else. It’s simple and honest, which is more than can be said for the “modern” world, where many things are never as they seem, and most everybody wants something from you. 

The power held by corporate giants was terrifying even before the CEO decided to leverage that power for their own murderous ends. A supply shortage. A profit-driven business decision. Cost cuts or poorly thought-out policies that reduced safety margins, forced people into unemployment, or added more pressure to frontline workers already stretched thin. A price hike of an essential medicine. (Wolfram hadn’t forged new ground there.) These things, especially in the health and medical industry, routinely killed far more people than the average serial killer could ever aspire to. And yet so few of them resulted in criminal charges. Indirect manslaughter for profit was far more societally acceptable than one person purposefully ending lives on a smaller scale.

The heart of this new approach is a shift in thinking. Conflict arises from what this book calls the pie-splitting mentality. The value that a company creates is seen as a fixed pie. Then, the only way to get a larger slice of the pie for ‘us’ is to reduce the slice given to ‘them’: business is a zero-sum game. To maximise profits, a CEO takes from society by hiking prices or cutting wages. Conversely, to ensure that business works for society, we must crack down on profits.

Turing had been founded in February 2015 and named after Alan Turing, who famously broke the code of the Enigma machines used by Germany in the Second World War. But while Turing the scientist was driven to innovate and break new ground, Turing the company wasn’t driven by innovation at all. Rather than developing new drugs, its strategy was to buy existing drugs and hike their prices.

Shkreli’s money-making strategy was to forget about investing in new medicines, and instead to buy existing ones on the cheap, hike their prices and restrict their supply. Turing started out with three drugs – ketamine for depression, oxytocin to induce labour and a ganglionic blocker for hypertension – all acquired from Retrophin. On 10 August 2015, Turing bought Daraprim for $55 million. The very next day, it executed the 5,500% price increase.

A WORLD OF SLOWER GROWTH AND HIGHER INFLATION If triple-digit oil prices are the true culprit behind the recent recession, what happens if oil prices recover to triple-digit levels or even close to them when the economy recovers? Does the economy slip right back into recession again? Everything else being equal—or ceteris paribus, as they say in the economics textbooks—that’s probably as good a forecast as any. Every oil shock has produced a global recession, and the record price increase of the past few years may produce the biggest one of all. But recessions, no matter how severe, are finite events. Ultimately, we face a far more challenging economic verdict from oil. Any way you cut it, a return to triple-digit oil prices means a much slower-growing world economy than before. And not just for a couple of quarters of recession. That’s because virtually every dollar of world GDP requires energy to produce. Not all of that energy, of course, comes from oil, but far too much does for world GDP not to be affected by oil’s growing scarcity. And there is nothing at the end of the day that we can do about depletion. Big tax cuts and big spending increases can mitigate triple-digit oil’s bite, but the deficits they inevitably produce ultimately lead to tax hikes and spending cuts that just make the suffering all the more painful down the road. Taking out a loan to pay your mortgage might defer your problems for a month or so, but in the end, it often makes your difficulties more acute. Borrowing from the future just turns today’s problems into tomorrow’s, and by the time tomorrow comes, they’ve become a lot bigger than if we had dealt with them today. Trillion-dollar-plus deficits, just like a near-zero percent federal funds rate, can mask the impact of high energy prices for a while, but ultimately they can’t protect economies that still run on oil from the impact of higher energy prices and the toll that they take.

Emerging markets often get in trouble when the Fed hikes interest rates rapidly, or the price of exported commodities falls sharply—or both.

I love Nick’s story because it so nicely illustrates the power and simplicity of cash commitment devices. It also highlights a somewhat contradictory feature of cash commitment devices. On the one hand, when we use them, we’re flouting the standard laws of economics, which say more freedom is better than less. But on the other hand, we’re also leaning heavily on standard economics, which recommends that you hike up the price of unwanted behavior or impose restrictions to discourage it. These are the very solutions economics prescribes, such as taxing cigarettes and alcohol or banning marijuana to reduce consumption.

Attempting to sustain GDP growth in an economy that may actually be close to maturing can drive governments to take desperate and destructive measures. They deregulate—or rather reregulate—finance in the hope of unleashing new productive investment, but end up unleashing speculative bubbles, house price hikes and debt crises instead. They promise business that they will ‘cut red tape’, but end up dismantling legislation that was put in place to protect workers’ rights, community resources and the living world. They privatise public services—from hospitals to railways—turning public wealth into private revenue streams. They add the living world into the national accounts as ‘ecosystem services’ and ‘natural capital’, assigning it a value that looks dangerously like a price. And, despite committing to keep global warming ‘well below 2°C’, many such governments chase after the ‘cheap’ energy of tar sands and shale gas, while neglecting the transformational public investments needed for a clean-energy revolution. These policy choices are akin to throwing precious cargo off a plane that is running out of fuel, rather than admitting that it may soon be time to touch down.

Sri Lanka has come to a crossroads. In the wake of disastrous economic mismanagement by the government, the country is running short on fuel. Low-income communities are bearing the brunt of current hardships, including massive price hikes on essential goods. In response to these conditions,

Jobs fill your pockets, adventures fill your Spirit. I found my happy place by after recent visit to Thailand. A good problem with making travel plans is that there are a lot of funny activities in Travelling. Make your presence a simple clip and easily show you how rustic it is For all adrenaline fans and movements out there, you will be amazed to find that Thailand has so much to offer! Aside from the various temples, tuk-tuk and Pad Thai weighed down the streets, Thailand is a wonderful place to travel and thriving. Enjoy a wide variety of hiking activities from mountain biking, bungee jumping, all the way to the sky. The Kingdom of Smiles explores so many containers that make it an ideal destination for all travelers. You will find bustling cities, sandy beaches, lush forests, and ruins of historic empires. Delicacies are a delicacy in the world, and nightlife is a myth. This is one of the countries with the best travel prices. Your money will go some distance here, ensuring a good feeling about bank robbery.

The crazy-eyed Jack Elam was playing one of the heavies, and won a pair of camera-trained vultures in a poker game with their handler. Elam promptly tried to up the price the vultures were being paid from $100 a day to $250. Waiting in the hot sun for the vultures to be placed on the branch of a tree, Wayne was informed of the sudden hike—a threatened vulture no-show! He promptly strode over to Elam’s trailer and banged on the door. “You get those goddamn birds up in that tree right now or one of their heads is gonna be sticking out of your mouth and the other head out of your asshole.

The New York Times ran a story recently about Gregg Rapp, a restaurant consultant, who gets paid to work out the pricing for menus. He knows, for instance, how lamb sold this year as opposed to last year; whether lamb did better paired with squash or with risotto; and whether orders decreased when the price of the main course was hiked from $39 to $41. One thing Rapp has learned is that high-priced entrées on the menu boost revenue for the restaurant—even if no one buys them. Why? Because even though people generally won't buy the most expensive dish on the menu, they will order the second most expensive dish. Thus, by creating an expensive dish, a restaurateur can lure customers into ordering the second most expensive choice (which can be cleverly engineered to deliver a higher profit margin).1

Frankly, as long as New York has utterly insane taxes, we can make a killing just by circumventing them. It’s why we back Democrats. They love hiking up prices. The trade-off comes when they’re totally inept, and we won’t even go into that.” “I didn’t think that would be profitable enough to sustain your business.” “You’d be surprised. I think Jen was the one who said it best, just because you’re doing something illegal doesn’t mean you also have to be immoral, too.

With the steady erosion in commodity prices, the effect of the rate hikes was to raise the real cost of money in many places to over 10 percent, bringing with it the first signs of worldwide economic slowdown.