Showing posts with label Caribbean. Show all posts
Showing posts with label Caribbean. Show all posts

Sunday, April 13, 2008

The doubles conspiracy

The most hilarious analysis of the doubles price rise in Trinidad. Dennis Allen is a master of oletalk!

" Last week, on APR4, 2008, I received the following message from a crew of brederin who usually debate such matters of national import…

Subject: Still want to buy doubles for $4 and $5? ...Feel FREE !!!!!
Date: Fri, 4 Apr 2008 14:36:05 +0000

> Hello Friends,
> As a worker at ***, I will give you a small insight to what I would call
> "Highway Robbery"
>
> The flour that most doubles vendors use (45kg) has been increased by
> $60.00. Do you know how many doubles can be produced from a 45kg of flour?
>
> Let me tell you. 1,200 doubles, yes twelve hundred and some good doubles
> vendors can get 1,500.
>
> So let's use 1,200. If your 45kg bag of flour has been increased by
> $60.00..Do the math.
>
> OK OK, let me do it for you..Your doubles went up by 5 cents.
>
> Still want to buy doubles for $4 and $5? ...Feel FREE !!!!!

To which I promptly dispatched the following response:

i think its important to differentiate between a BARRA and a DOUBLES...as that would have a significant effect on the maths presented here...
is it that 1200-1500 BARRA can be made with a sack of flour? or that amount of DOUBLES [2X barra?]
and what is the average square inch surface area of the individual barra mentioned by this "analyst"? a morvant doubles has a noticeably larger square barra-age than a typical roundabout doubles--even though they are geographically identical to most casual doubles consumers...
and what about debe doubles? fluffier than most north doubles, thus implying the addition of a rising agent, the cost of which has not been factored into this equation...

Read the rest HERE!

Thursday, December 06, 2007

Rising Food prices of concern to CARICOM leaders

Business: News in the Caribbean - Caribbean360.com

there's been a lot of wailing about inflation and rising food prices, especially here in Trinidad and Tobago. One thing that I keep hearing, that never fails to astound me is "Milk is too expensive. The Government should lower the price"
So - does this mean that the government has a milk farm, and a processing plant, distribution facilities, and that they are selling the milk from a Government store? That's the only way that they can really lower prices - and since that isn't so... well - what can the Government do? There are already few or no taxes and duties on imported milk, for example. But if there is a worldwide shortage of milk, (as there is) and the price goes up, how can the T&T Government "reduce" the price?
I think that many of my conterraneos are woefully ignorant of the realities of a global capitalist society.
But this article does a good job of explaining the external forces that are pushing food prices up.

The new Board of Directors of IGovTT

The new Board of Directors of  IGovTT  was presented with congratulatory letters by The Honourable Maxie Cuffie, Minister of Public Admini...