The farmer workers' pay rise leads to inflation???

The farmer workers' pay rise leads to inflation???
Apr 6, 2008 22:37
JIMMYB Points: Join Date: Feb 7, 2007 Status: offline	On March 22nd, the head of NBS (National Bureau of Statistics) made a speech during a high level forum. He says that the government should balance farmers' income from engaging in agriculture and working in cities to avoid rapid increase in farmer's income from working in cities because it causes quick growth in prices and wages. More seriously, it boosts inflation. On the other hand, the government should give more subsidies to help agriculture development. I doubt that if the farmer workers' pay rise can lead to inflation. According to some expets, the inflation is triggered by soaring food prices. What do you think? Can farmer workers' pay rise lead to inflation?

Apr 6, 2008 22:37

JIMMYB
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Join Date: Feb 7, 2007
Status: offline

On March 22nd, the head of NBS (National Bureau of Statistics) made a speech during a high level forum. He says that the government should balance farmers' income from engaging in agriculture and working in cities to avoid rapid increase in farmer's income from working in cities because it causes quick growth in prices and wages. More seriously, it boosts inflation. On the other hand, the government should give more subsidies to help agriculture development. I doubt that if the farmer workers' pay rise can lead to inflation. According to some expets, the inflation is triggered by soaring food prices.

What do you think? Can farmer workers' pay rise lead to inflation?

Apr 7, 2008 10:04

GARYKINKADE
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Join Date: Jan 8, 2008
Status: Offline

Wholesalers, manufacturers and retailers are always looking for an excuse to increase prices(profits). The basic control for purchasing cost( whether wholesale or retail ) is suppose to be the supply and demand equation. However, this can be manipulated in so many ways that it is hard to phanthom(understand) in order for the public to keep track of it.
A prime example of this would be the oil industry and how it has been jerking us around.

Apr 7, 2008 10:09	#2
JCNILE123 Points: Join Date: Mar 30, 2006 Status: Offline	Now, blame it on the farmer

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