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The Natural Philosopher[_2_] The Natural Philosopher[_2_] is offline
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Default OT The Austin Brexit

On 26/04/17 15:49, Capitol wrote:
Dave Plowman (News) wrote:
In article ,
whisky-dave wrote:
It's relivent for a consumer if they have to pay the increased price.
Where or not the consumer is fooled by them is another matter. Only the
really stupid were fooled by unilevers claim that the marmite on the
shelves should cost more because it was made before the brexit vote.


Does that apply to petrol and gas, etc? You always pay the price it cost
when it was made?

How about your favourite Apple products?


Petrol and gas are two different cases. Petrol prices are determined
by the current price of oil and a competitive market.


Wrong. Petrol prices are determined by government taxation and fuel duty.

Gas prices are
determined by an effective monopoly which has suckered the nominal
regulators and forced consumers to pay taxes for windmills etc.


Wrong. Electricity prices are affected by windmills, not gas prices.

The theory of Communism may be summed up in one sentence: Abolish all
private property.

Karl Marx