this post was submitted on 09 Jan 2024
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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.