this post was submitted on 09 Jan 2024
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There was a funny post on reddit about a family of farmers calculating their worth, trying to justify their hissy fit, turns out they make more than most of us and have significant wealth in property value and ability to have substantial passive income if they didnt wanted to be farmers anymore.
But then, we should help them even more to stay farmers, or they will not to choose to do so and cripling the local environment => less food produced => more imports => more cost of living and more polution.
Not how markets work.
Huh, If i do my maths again.
No farmers, no local production. So you have to pay for importing ( yes it cost something ) The normal "Bread" costs now instead of 1€, 1€ + the import costs. Because WHO else would pay for it.
1+1+1=3 Thats how it works
No farmers would increase the price until someone sees enough benefit to become a farmer.
Just like how it has always worked.
With the milk price? Its an open market. If local farmers doesnt provide cheal enough products. Companies look elsewhere.
Like with most other markets we have, price goes up, opportunity for people to go into the market or to expand goes up too.
If bread gets more expensive, might be worth for me to sell bread too and build up production.
Most of us also don't need to pay repairs for 700.000€ machines.
Thats already included in the calculation. After paying employees, taxes, repairs, and other costs, they still have alot more than most of us will ever make.
Besides, they already get money from the government when they had a bad year.
Private profits, public losses.