Don Tomaso
A-List Customer
- Messages
- 402
- Location
- Germany
Yes, but at least we're drones with cool jackets!
Yes, but at least we're drones with cool jackets!
Let's be clear about why the price of horsehide jackets are going up. It's not Chinese competition or ridiculous government pension schemes. Those things are factors, but the real reason prices are going up is because of inflation. Central Banks around the world, including the Bank of England, are printing too much money, and it's increasing the price of raw materials and energy, which translate directly into higher prices for finished goods. If we want prices to stabilize ever again, we will take away the printing press -- in England and elsewhere --.
I think you have hit the nail on the head, the core problem is an increase in the number claims on resources (fiat money), without a corresponding increase in those resources. The other things are symptoms of this core problem. From what I read, it seems that Aero isn't increasing their prices as much as they could if they linked the price increase to the real inflation of money and credit going on in Central banks around the world.
Too bad I won't be able to afford to get a jacket from them before October though.