About Inflation

As you know GOA just granted the 3% increase to minimum wage earners. GOA just reached out and stuck it hand in the pockets of employers and helped herself or maybe it was more like a hand-me-your-wallet command.

I connected the dots yesterday. 3% in honor of the additional 3% levied by the BAZV and in compensation for the loss of that income which GOA granted itself by reaching out and sticking its hand into the consumer’s pocketbook, last year.

So first the consumer was punished by a 3% increase in prices. Then he got compensated for it, by a salary increase. The merchants will surely turn around now and raise their prices again to compensate for this last 3% having already padded their price tags originally, when the added BAZV tax came around.

Whichever way you look prices are going up and our buying power declines. In other words INFLATION rears its ugly head.

And the fact that all these taxes added must be added to the price is an opportunity to round the amount up and hide additional potoshi in the bottom line.

Everywhere in the world the fiscal obligation fees are on the receipts for everyone to see, be it city tax, federal tax, VAT, sin tax, environmental fee, fuel surcharge, cleaning charge, whatever. It always appears plain and simple and visible.

Then at the end of the month you press one button and the computer tells you how much you collected.

When you drawn the fiscal obligation fees in the price, pencil pushers must calculate what is what at the end of each month.

Extra work? Yes.

Where will we find the workers??

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May 03, 2019
Rona Coster
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