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Rising cost of living
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Old 28-10-2021, 11:39   #121
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Re: Rising cost of living

Market Manipulation . . nothing new, in fact Bitcoin thrives on it
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Old 28-10-2021, 11:48   #122
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Re: Rising cost of living

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Originally Posted by OLD BOY View Post
Shorting is all about ensuring that capitalism works as it should. It's not about employees, they are simply amongst those who lose out.

This link may be of interest, but there are plenty of other links out there too.

https://www.cnbc.com/2018/10/05/expe...r-markets.html
The link is of no particular interest to be fair.

Any time I hear something “can be beneficial” the cynical part of me assumes for the majority of the time it probably isn’t. Asking someone who has likely benefitted financially from short selling their opinion on the matter isn’t likely to evoke an impartial response.
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Old 28-10-2021, 13:56   #123
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Re: Rising cost of living

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Originally Posted by jfman View Post
The link is of no particular interest to be fair.

Any time I hear something “can be beneficial” the cynical part of me assumes for the majority of the time it probably isn’t. Asking someone who has likely benefitted financially from short selling their opinion on the matter isn’t likely to evoke an impartial response.


Same as you never hear a car salesperson tell you "I had one of these once, right bag of crap, couldn't wait to get rid of it"

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Old 28-10-2021, 14:36   #124
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Re: Rising cost of living

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Same as you never hear a car salesperson tell you "I had one of these once, right bag of crap, couldn't wait to get rid of it"

Not everyone buys a ford
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Old 28-10-2021, 21:06   #125
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Re: Rising cost of living

How about we get back to the topic.
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Old 28-10-2021, 21:35   #126
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Re: Rising cost of living

I visited a local indoor market yesterday for the first time in almost a year. Meat prices were extortionate, some almost double what the supermarkets charge. One of the butchers told me that sales are "flatter than Twiggy" since they were all bought out by a sole vendor. "Mark-ups were always high, but now they are stupid, no-one wants to buy any of it".
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Old 29-10-2021, 11:37   #127
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Re: Rising cost of living

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Things I hate about current trading
1)Selling short - this is just evil, betting on company failing and making money on someone's misery. I'd like to see this banned.
2)Futures - setting prices in advance. You should pay based on costs and yield. If it's a bad year but predicted good farmers get a pittance, and I bet sellers then hike prices as it's a bad year. Of course if it's a good year but predicted bad then farmers can make a profit and the sellers hold their high prices, based on expected, anyway and make more profit.

Back in the early days of Apple one of the founders sold his shares in Apple for $800.


Today those shares are worth over $20,000,000,000.
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Old 29-10-2021, 14:04   #128
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Re: Rising cost of living

Our local taxi fares have gone up, and I've been told that they've started to charge when they're stuck in traffic.
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Old 29-10-2021, 14:07   #129
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Re: Rising cost of living

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Our local taxi fares have gone up, and I've been told that they've started to charge when they're stuck in traffic.
I thought they always did ?
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Old 29-10-2021, 14:16   #130
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Re: Rising cost of living

Not as far as I know, the trip meter works using satellite positioning I think? So when the taxi is stationary, there's usually no charge.
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Old 29-10-2021, 14:29   #131
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Re: Rising cost of living

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Not as far as I know, the trip meter works using satellite positioning I think? So when the taxi is stationary, there's usually no charge.
A charge seems reasonable. I don’t expect taxi drivers to work for no income. Whether you are moving or stuck in traffic, the taxi driver is still at the wheel and needs to feed his family.

If the traffic is bad and you don’t want to pay extra, there’s always the bus…
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Old 29-10-2021, 14:36   #132
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Re: Rising cost of living

Here in Cardiff, the basic fee is £4.00, the kilometer price is £1.06. For standing and waiting time, £15.00 is charged per hour.

So yes, you pay whilst stuck in traffic.

With 20mph speed limits being imposed all over the place, journey times have become longer, so fares will rise.
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Old 29-10-2021, 14:37   #133
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Re: Rising cost of living

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Originally Posted by Jimmy-J View Post
Not as far as I know, the trip meter works using satellite positioning I think? So when the taxi is stationary, there's usually no charge.
https://www.nidirect.gov.uk/articles/taxi-fares

http://everything4taxis.co.uk/tariff1.htm

https://www.southtyneside.gov.uk/art...rs-and-charges

these all have charges for waiting time. As i said I was always under the impression there were in traffic charges as the same journey on the meter costs often varied when there was traffic to be stuck in
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Old 29-10-2021, 14:38   #134
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Re: Rising cost of living

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Originally Posted by OLD BOY View Post
A charge seems reasonable. I don’t expect taxi drivers to work for no income. Whether you are moving or stuck in traffic, the taxi driver is still at the wheel and needs to feed his family.

If the traffic is bad and you don’t want to pay extra, there’s always the bus…

You've obviously never had to rely on a bus service
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Old 29-10-2021, 14:54   #135
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Re: Rising cost of living

Quote:
Originally Posted by OLD BOY View Post
A charge seems reasonable. I don’t expect taxi drivers to work for no income. Whether you are moving or stuck in traffic, the taxi driver is still at the wheel and needs to feed his family.

If the traffic is bad and you don’t want to pay extra, there’s always the bus…
We have to use a taxi once a week, the rest of the time I use my free bus pass. So I definitely wouldn't order a taxi if we didn't need one.
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