Western Standard - July 11, 2022


Inflation drives price of staple foods up more than 20%


Episode Stats

Length

1 minute

Words per Minute

202.80862

Word Count

207

Sentence Count

15


Summary

In this episode, I talk about why we don't want government to take control of our food supply and distribution, and why it's not going to help us get better at food shopping. I mean, look at what happened when the Soviet Union took control of their food supply in the 80s and 90s. People were starving to death.


Transcript

00:00:00.000 Look how inefficient government is with everything they do.
00:00:03.160 The great example that's been pointed out quite often is a Tim Hortons in a hospital out east actually managed to lose money.
00:00:08.640 How do you lose money in a Tim Hortons in Canada?
00:00:10.980 It's almost a license to print money.
00:00:12.860 Only government can manage to run a Tim Hortons so inefficiently that it loses money.
00:00:19.520 Well, we don't want government then taking control of our food supplies and food retailing and food processing.
00:00:27.040 We do not.
00:00:27.980 It's not going to help us.
00:00:29.260 I've talked about that before.
00:00:30.720 I went to the Soviet Union when I was young at the end of the 80s.
00:00:34.240 And I tell you what, nobody was starving to death.
00:00:36.520 But food was not exactly of a broad variety or quality or decent price out there.
00:00:44.160 It was, you know, again, everything was government mandated.
00:00:46.820 People didn't end up better off for it.
00:00:48.700 And of course, if you really want to find out what happens when governments take control of food,
00:00:52.600 when you get right down to the supply side, ask Ukrainians how well that worked out for them
00:00:56.640 when the Russians took control of their food production out there.
00:01:00.640 It was awful.